XCEL Energy Second Quarter 2025 Earnings Report

Xcel Energy has reported 2025 second quarter GAAP earnings of $444 million, or $0.75 per share, compared with $302 million, or $0.54 per share in the same period in 2024.  Second quarter ongoing earnings reflect increased recovery of infrastructure investments, partially offset by higher interest charges, depreciation and O&M expenses.

“Xcel Energy continues to deliver on our commitments to our customers, communities and investors,” according to Bob Frenzel, Chairman, President and CEO of Xcel Energy. “During the second quarter, we made considerable progress on investments needed to serve unprecedented growth in electric demand and to improve resiliency and reliability of our systems. In Texas and New Mexico, we filed our recommended portfolio for nearly 5,200 MW of new generation, of which 4,500 MW will be company owned. We also continue to make progress reducing risk from wildfires and extreme weather on our system, with both the Colorado and Texas commissions approving our settlements for our Wildfire Mitigation and System Resiliency Plans.”

Xcel Energy Declares Dividend on Common Stock

The Board of Directors of Xcel Energy has declared a quarterly dividend on its common stock of 57 cents per share. The dividends are payable October 20, 2025, to shareholders of record on September 15, 2025.