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AI brief of an SEC Form 8-K · Xcel Energy (XEL)

Xcel Energy Q1 2026 GAAP EPS $0.89 vs $0.84; ongoing EPS $0.91; 2026 guidance reaffirmed

Positive Impact 3 of 5 earnings Written later

Xcel Energy reported first-quarter 2026 GAAP net income of $556 million, or $0.89 per share, up from $483 million, or $0.84 per share, a year earlier, and ongoing earnings of $0.91 per share. The company reaffirmed its 2026 ongoing EPS guidance of $4.04 to $4.16, and said unseasonably warm weather weighed on the quarter. Shareholders get a quarter with higher profit and an unchanged full-year outlook.

Key points

  • GAAP net income was $556 million, or $0.89 per share, versus $483 million, or $0.84 per share, in Q1 2025.
  • Ongoing EPS was $0.91 per share, versus $0.84 per share a year earlier.
  • Total operating revenues were $4,021 million, versus $3,906 million in Q1 2025.
  • Xcel Energy reaffirmed its 2026 ongoing EPS guidance of $4.04 to $4.16.

The filing

CompanyXcel Energy (XEL)
Form8-K, current report
Filed with the SECApr 29, 2026, 5:43 PM ET
Accession number0000072903-26-000070

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.