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Xcel Energy

Xcel Energy (NASDAQ: XEL) revenue

Xcel Energy reported revenue of $14,669m for fiscal 2025, 9.1% more than in fiscal 2024 ($13,441m). Since fiscal 2016 its revenue has grown by 32.1%, an average growth of 3.1% a year.

Revenue, in millions of US dollars11,107201611,404201711,537201811,529201911,526202013,431202115,310202214,206202313,441202414,6692025

Revenue by fiscal year

Fiscal yearRevenueChangeOperating profitOperating margin
2025$14,669m+9.1%$2,583m17.6%
2024$13,441m−5.4%$2,386m17.8%
2023$14,206m−7.2%$2,481m17.5%
2022$15,310m+14.0%$2,428m15.9%
2021$13,431m+16.5%$2,203m16.4%
2020$11,526m0.0%$2,116m18.4%
2019$11,529m−0.1%$2,104m18.2%
2018$11,537m+1.2%$1,965m17.0%
2017$11,404m+2.7%$2,223m19.5%
2016$11,107m—$2,240m20.2%

The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the revenue of Xcel Energy

How much revenue did Xcel Energy make in fiscal 2025?
Xcel Energy reported revenue of $14,669m for fiscal 2025, compared with $13,441m in fiscal 2024.
How much has the revenue of Xcel Energy grown?
Between fiscal 2016 and fiscal 2025 it went from $11,107m to $14,669m: 32.1% more, an average growth of 3.1% a year.
What was the best year for revenue at Xcel Energy?
Of its last 10 fiscal years, fiscal 2022, with $15,310m.
Where do the figures for Xcel Energy come from?
From the annual report (Form 10-K) that Xcel Energy files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that Xcel Energy files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Xcel Energy: the Xcel Energy page · annual accounts · net income · dividends paid · insider transactions.

Dividend per share of Xcel Energy by fiscal year, with the filing behind every figure: Xcel Energy dividend history.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.