xel: the income statement

MyFinsight

For the quarter ending 2025-09-30, XEL made $7,022M in revenue. $524M in net income. Net profit margin of 7.46%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Electric	3,638	2,878	2,835	3,393
Natural gas	264	396	1,055	239
Other	13	13	16	12
Total operating revenues	3,915	3,287	3,906	3,644
Electric fuel and purchased power	1,098	918	1,020	1,060
Cost of natural gas sold and transported	61	134	513	63
Cost of sales other	5	1	2	3
Operating and maintenance expenses	692	675	686	655
Conservation and demand side management expenses	101	88	110	112
Depreciation and amortization	750	722	728	681
Taxes, other	172	172	170	159
Marshall wildfire litigation	-287	-	-	0
Total operating expenses	3,166	2,710	3,229	2,733
Operating income	749	577	677	911
Other income, net	46	68	7	39
Earnings (loss) from equity method investments	6	-8	-1	3
Allowance for funds used during construction equity	79	69	48	44
Interest charges includes other financing costs	384	349	332	326
Allowance for funds used during construction debt	36	27	23	21
Total interest charges and financing costs	348	322	309	305
Income before income taxes	532	384	422	692
Income tax expense (benefit)	8	-60	-61	10
Net income	524	444	483	682

Basic (in dollars per share)	0.88	0.76	0.84	1.21
Basic (in shares)	592,000,000	586,000,000	575,000,000	564,000,000
Diluted (in dollars per share)	0.88	0.75	0.84	1.21
Diluted (in shares)	595,000,000	588,000,000	577,000,000	565,000,000