Xcel Energy Third Quarter 2025 Earnings Report

Core Insights - Xcel Energy Inc. reported third quarter GAAP earnings of $524 million, or $0.88 per share, a decrease from $682 million, or $1.21 per share in the same period of 2024 [1] - Ongoing earnings for the third quarter were $737 million, or $1.24 per share, compared to $707 million, or $1.25 per share in the same period of 2024, indicating a slight increase in ongoing earnings despite the drop in GAAP earnings [1] - The decline in GAAP earnings is attributed to higher depreciation, interest charges, and operating expenses [1]