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What changed in Xcel Energy Inc.'s latest annual report

In the year ended 31 Dec 2025, Xcel Energy Inc.'s net income rose 4.2% to USD 2.02bn, from USD 1.94bn; shareholders' equity rose 20.9% to USD 23.61bn, from USD 19.52bn; long-term debt rose 16.5% to USD 31.83bn, from USD 27.32bn.

Year ended 31 Dec 2025. Source: 10-K filed 25 Feb 2026, read it on SEC EDGAR.

USD 19.52bn to USD 23.61bn

Shareholders' equity, up 20.9% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Net income1.94bn2.02bnUp 4.2%
Total assets70.03bn81.37bnUp 16.2%
Long-term debt27.32bn31.83bnUp 16.5%
Shareholders' equity19.52bn23.61bnUp 20.9%

Questions people ask

Is Xcel Energy Inc. profitable?

Yes. Net income was USD 2.02bn in the year ended 31 Dec 2025. The year before: USD 1.94bn.

How much cash and debt does Xcel Energy Inc. have?

At its latest year end (31 Dec 2025), Xcel Energy Inc. reported long-term debt of USD 31.83bn.

Where do these numbers come from?

From Xcel Energy Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Xcel Energy Inc. (XEL) 10-K: what changed year on year | LYNORIQ Insights