Xcel Energy Q2 FY26 diluted GAAP EPS rises 24% to $0.93
XEL•Q2 earnings and revenue
- Xcel Energy posted Q2 GAAP net income of USD 586 million, up 31.98%, with diluted GAAP EPS rising to USD 0.93 from USD 0.75.
- Ongoing diluted EPS (non-GAAP) was USD 0.93, matching GAAP; operating income climbed to USD 706 million from USD 577 million.
- Operating revenues fell to USD 3.12 billion from USD 3.29 billion, while interest charges and financing costs increased to USD 398 million from USD 322 million.
Management commentary and guidance
- Management said the EPS increase was driven by higher recovery of electric infrastructure investments, partly offset by higher financing costs.
- The company reaffirmed 2026 ongoing EPS guidance of USD 4.04 to USD 4.16.
