Xcel Energy 2025 Year End Earnings Report

Core Insights - Xcel Energy Inc. reported 2025 GAAP diluted earnings of $2.02 billion, or $3.42 per share, a decrease from $1.94 billion, or $3.44 per share in the same period in 2024 [1] - Ongoing earnings for 2025 were $2.24 billion, or $3.80 per share, compared to $1.97 billion, or $3.50 per share in the same period in 2024, indicating an increase [1] - The change in ongoing earnings reflects increased recovery of infrastructure investments [1] Financial Performance - GAAP diluted earnings for 2025: $2.02 billion, $3.42 per share [1] - GAAP diluted earnings for the same period in 2024: $1.94 billion, $3.44 per share [1] - Ongoing earnings for 2025: $2.24 billion, $3.80 per share [1] - Ongoing earnings for the same period in 2024: $1.97 billion, $3.50 per share [1] Investment Insights - The increase in ongoing earnings is attributed to improved recovery of infrastructure investments [1]