Revenue for Xcel Energy (XEL)
According to Xcel Energy's latest reported financial statements, the company's current revenue (TTM) is $14.67B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
XEL
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TTM (last 4 quarters)
$14.67B
YoY change
+9.1%
5Y CAGR
+4.9%
Peak year (2022)
$15.31B
Cumulative revenue
$329.23B
Revenue history chart for Xcel Energy (XEL) from 1985 to 2025
Revenue history table for Xcel Energy (XEL) from 1985 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $14.67B | +9.1% | ||
| 2024 | $13.44B | -5.4% | ||
| 2023 | $14.21B | -7.2% | ||
| 2022 | $15.31B | +14.0% | ||
| 2021 | $13.43B | +16.5% | ||
| 2020 | $11.53B | -0.0% | ||
| 2019 | $11.53B | -0.1% | ||
| 2018 | $11.54B | +1.2% | ||
| 2017 | $11.40B | +2.7% | ||
| 2016 | $11.11B | +0.8% | ||
| 2015 | $11.02B | -5.7% | ||
| 2014 | $11.69B | +7.1% | ||
| 2013 | $10.91B | +7.8% | ||
| 2012 | $10.13B | -4.9% | ||
| 2011 | $10.65B | +3.3% | ||
| 2010 | $10.31B | +6.9% | ||
| 2009 | $9.64B | -13.9% | ||
| 2008 | $11.20B | +11.7% | ||
| 2007 | $10.03B | +2.0% | ||
| 2006 | $9.84B | +2.2% | ||
| 2005 | $9.63B | +17.2% | ||
| 2004 | $8.22B | +6.3% | ||
| 2003 | $7.73B | +10.9% | ||
| 2002 | $6.97B | -20.1% | ||
| 2001 | $8.72B | -23.5% | ||
| 2000 | $11.41B | +47.7% | ||
| 1999 | $7.73B | +16.8% | ||
| 1998 | $6.61B | +141.9% | ||
| 1997 | $2.73B | +3.0% | ||
| 1996 | $2.65B | +3.3% | ||
| 1995 | $2.57B | +3.3% | ||
| 1994 | $2.49B | +3.4% | ||
| 1993 | $2.40B | +11.3% | ||
| 1992 | $2.16B | -1.9% | ||
| 1991 | $2.20B | +6.6% | ||
| 1990 | $2.06B | +3.8% | ||
| 1989 | $1.99B | -0.8% | ||
| 1988 | $2.01B | +13.3% | ||
| 1987 | $1.77B | -0.6% | ||
| 1986 | $1.78B | -0.4% | ||
| 1985 | $1.79B | — |
Revenue values are taken from Xcel Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Xcel Energy (XEL) reported revenue of $14.67B – grew 9.1% year-over-year.
Xcel Energy revenue compound annual growth for the 2020–2025 (5 years) window is +4.9%, with the latest reading among the more recent periods of the dataset.
Xcel Energy revenue edged down from $15.31B in 2022 to $14.67B in 2025, a 4.2% drawdown.
Across the available history, revenue reached its high of $15.31B in 2022 and its low of $1.77B in 1987.
Among 8 Utilities peers, Xcel Energy (XEL) ranks 8th; the peer median for revenue is $26.50B.
Xcel Energy Revenue by Year
Xcel Energy Revenue 2025: $14.67B
Xcel Energy revenue in 2025 was $14.67B, grew 9.1% from 2024.
Xcel Energy Revenue 2024: $13.44B
Xcel Energy revenue in 2024 was $13.44B, declined 5.4% below 2023.
Xcel Energy Revenue 2023: $14.21B
Xcel Energy revenue in 2023 was $14.21B, declined 7.2% below 2022.
Xcel Energy Revenue 2022: $15.31B
Xcel Energy revenue in 2022 was $15.31B, grew 14.0% from 2021. This figure represents the highest annual value in the available history.
Xcel Energy Revenue 2021: $13.43B
Xcel Energy revenue in 2021 was $13.43B.
See more financial history for Xcel Energy (XEL).
Sector peers — Revenue
Companies in the same sector as Xcel Energy, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| GE Vernova Inc. (GEV) | $38.07B | Utilities |
| Duke Energy Corporation (DUK) | $32.24B | Utilities |
| The Southern Company (SO) | $29.55B | Utilities |
| NextEra Energy, Inc. (NEE) | $27.48B | Utilities |
| Constellation Energy Corporation (CEG) | $25.53B | Utilities |
| American Electric Power Company, Inc. (AEP) | $21.78B | Utilities |
| Dominion Energy, Inc. (D) | $16.51B | Utilities |
| Sempra (SRE) | $13.71B | Utilities |
Frequently asked questions
What is Xcel Energy's revenue?
- Latest reported revenue for Xcel Energy (XEL) is $14.67B (period ending December 31, 2025).
How has Xcel Energy revenue changed year-over-year?
- Xcel Energy (XEL) revenue changed +9.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Xcel Energy revenue?
- Xcel Energy (XEL) revenue compound annual growth rate is +4.9% over the most recent 5 years available.
When did Xcel Energy revenue hit its highest annual value?
- Xcel Energy revenue reached its highest annual value of $15.31B in 2022.
What was Xcel Energy revenue in 2024?
- Xcel Energy (XEL) revenue in 2024 was $13.44B.
What was Xcel Energy revenue in 2025?
- Xcel Energy (XEL) revenue in 2025 was $14.67B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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