Financial insights of XEL

MyFinsight

For the quarter ending 2026-03-31.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Electric	2,976	2,809	3,638	2,878
Natural gas	1,030	737	264	396
Other	15	15	13	13
Total operating revenues	4,021	3,561	3,915	3,287
Electric fuel and purchased power	1,019	925	1,098	918
Cost of natural gas sold and transported	520	333	61	134
Cost of sales other	3	3	5	1
Operating and maintenance expenses	675	679	692	675
Conservation and demand side management expenses	121	107	101	88
Depreciation and amortization	768	753	750	722
Taxes, other	183	172	172	172
Marshall wildfire litigation	22	9*	-287	-
Workforce reduction expenses	-	0*	-	-
Total operating expenses	3,267	2,981	3,166	2,710
Operating income	754	580	749	577
Other income, net	22	114	46	68
Earnings (loss) from equity method investments	13	20	6	-8
Allowance for funds used during construction equity	92	85	79	69
Interest charges includes other financing costs	412	403	384	349
Allowance for funds used during construction debt	40	39	36	27
Total interest charges and financing costs	372	364	348	322
Income before income taxes	509	435	532	384
Income tax benefit	-47	-132	8	-60
Net income	556	567	524	444

Basic EPS	0.89	0.953	0.88	0.76
Diluted EPS	0.89	0.951	0.88	0.75
Basic Average Shares	624,000,000	595,000,000	592,000,000	586,000,000
Diluted Average Shares	626,000,000	596,000,000	595,000,000	588,000,000

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.