← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Xcel Energy: Revenue grew 9.1% to $14.669B from $13.441B. Net income grew 4.2% to $2.018B from $1.936B. Free cash flow remained negative, with the outflow widening from $2.723B to $6.825B. Operating margin contracted 14 bps to 17.61%. Xcel Energy's annual comparison also shows free cash flow declined despite revenue growth; stock compensation grew faster than revenue; capital spending grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 9.1%OK
- Profitability — Net income grew 4.2% to $2.018B from $1.936BOK
- Cash flow — Free cash flow remained negative, with the outflow widening from $2.723B to $6.825BWatch
- Margins — Operating margin contracted 14 bps to 17.61%Watch
- Accounting — Distress-range screen needs contextWatch
- Insiders — 0 purchases and 2 salesNote
Business
Xcel Energy owns regulated electric and natural-gas utilities across several U.S. states.
Where the revenue comes from
Fiscal 2025, as XCEL ENERGY INC reports it. History and quarterly detail are in the app.
- Regulated Electric$11.5B
- Regulated Natural Gas$2.3B
- All Other$43.0M
Leadership changes
From XCEL ENERGY INC's own filings, the day they're filed.
- Maria Demaree · Director · appointmenteff. 2025-12-17
- Ryan Long · President · appointmenteff. 2025-06-16
- Rob Berntsen · President · departureeff. 2025-06-16
Latest filings
- 8-K · Company announcement2026-08-20
- 10-Q · Quarterly report2026-07-30
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-07-29
- 8-K · Company announcement2026-07-14
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about XCEL ENERGY INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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