Xcel Energy demonstrated strong financial performance with significant earnings growth and an ambitious capital investment plan. The company is making substantial progress in wildfire mitigation and data center expansion. However, challenges remain with increased operational costs and ongoing litigation related to wildfires. While the highlights are prominent, the lowlights represent notable risks, leading to a balanced view.

Company Guidance -

Q3 2025

During Xcel Energy's Second Quarter 2025 Earnings Conference Call, the company reaffirmed its 2025 earnings guidance range of $3.75 to $3.85 per share, reflecting confidence in delivering long-term earnings growth in the upper half of its 6% to 8% target range. The call highlighted a strong quarterly performance with earnings of $0.75 per share, driven by higher electric and natural gas revenue and increased sales growth. Xcel Energy also detailed its substantial infrastructure investment plans, projecting a $45 billion capital expenditure over five years, with an expected additional $15 billion to meet growing customer needs, particularly in the Texas, New Mexico, and Upper Midwest regions. This plan includes substantial investments in wind, solar, and natural gas generation, as well as in wildfire risk mitigation and system resiliency. The company also addressed ongoing legal proceedings related to the Marshall Fire and emphasized its continued focus on regulatory approvals and federal policy impacts on its operations.

Strong Earnings Performance

Xcel Energy delivered earnings of $0.75 per share for the second quarter of 2025 compared to $0.54 per share in the second quarter of 2024, driven by higher revenue from electric and natural gas services.

Significant Capital Investment Plans

Xcel Energy increased its 5-year capital plan from $45 billion to $60 billion, reflecting anticipated additional customer needs and infrastructure investments.

Wildfire Mitigation Progress

Xcel Energy's $1.9 billion Wildfire Mitigation Plan in Colorado was approved, and a $500 million system resilience plan was approved in Texas.

Data Center Expansion

Xcel Energy is making progress on its data center projects, with 1.1 gigawatts under construction and contracts in place, aiming for 2.5% by 2030.

Xcel Energy (XEL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

XEL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	1.37 / -	1.25	―	―	―
Jul 31, 2025	2025 (Q2)	0.65 / 0.75	0.54	38.89% (+0.21)
Apr 24, 2025	2025 (Q1)	0.92 / 0.84	0.88	-4.55% (-0.04)
Feb 06, 2025	2024 (Q4)	0.88 / 0.81	0.83	-2.41% (-0.02)
Oct 31, 2024	2024 (Q3)	1.26 / 1.25	1.23	1.63% (+0.02)
Aug 01, 2024	2024 (Q2)	0.57 / 0.54	0.52	3.85% (+0.02)
Apr 25, 2024	2024 (Q1)	0.78 / 0.88	0.76	15.79% (+0.12)
Jan 25, 2024	2023 (Q4)	0.85 / 0.83	0.69	20.29% (+0.14)
Oct 27, 2023	2023 (Q3)	1.26 / 1.23	1.18	4.24% (+0.05)
Jul 27, 2023	2023 (Q2)	0.56 / 0.52	0.6	-13.33% (-0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

XEL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$72.39	$73.44	+1.45%
Apr 24, 2025	$70.96	$69.71	-1.76%
Feb 06, 2025	$66.83	$66.01	-1.23%
Oct 31, 2024	$61.50	$65.17	+5.97%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Xcel Energy Inc (XEL) report earnings?

Xcel Energy Inc (XEL) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Xcel Energy Inc (XEL) earnings time?

Xcel Energy Inc (XEL) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is XEL EPS forecast?

XEL EPS forecast for the fiscal quarter 2025 (Q3) is 1.37.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing