HighGravityDataXcel Energy — Jul 30, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000072903-26-000149
Showing in the filing
Ongoing earnings per share
“$4.04 to $4.16”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 13
Ongoing earnings per share for FY2026
“$4.04 to $4.16”
Weather-normalized retail electric sales for FY2026
“~3%”
Weather-normalized retail firm natural gas s… for FY2026
“~1%”
Capital rider revenue for FY2026
“$480 million to $490 million”
O&M expenses for FY2026
“~3%”
Depreciation expense for FY2026
“approximately $140 million to $150 million”
Property taxes for FY2026
“$30 million to $40 million”
Interest expense (net of AFUDC - debt) for FY2026
“$240 million to $250 million, net of interest income”
AFUDC - equity for FY2026
“$150 million to $160 million”
Annual dividend increases for FY2026
“4% to 6%”
Annual dividend increases for the long term
“4% to 6%”
Dividend payout ratio
“45% to 55%”
Dividend payout ratio target for the long term
“45% to 55%”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Year-to-date diluted GAAP earnings per share were $1.82 in 2026 compared with $1.59 in 2025. • Year-to-date diluted ongoing earnings per share were $1.84 in 2026 compared with $1.59 in 2025. • Xcel Energy reaffirms its 2026 ongoing earnings per share guidance of $4.04 to $4.16. MINNEAPOLIS — Xcel Energy Inc. (NASDAQ: XEL) today reported 2026 second quarter GAAP earnings of $586 million, or $0.93 per share, compared with $444 million, or $0.75 per share in the same period in 2025 and ongoing earnings of $589 million, or $0.93 per share compared with $444 million or $0.75 per share in the same period in 2025. See Note 6 for reconciliation from GAAP to ongoing earnings. The change in earnings per share was primarily driven by increased recovery of electric infrastructure investments, partially offset by higher financing costs. “Xcel Energy has been at the center of transformations and infrastructure shifts in our industry for more than 100 years. Our second quarter results demonstrate strong and consistent execution across all our key priorities: customer satisfaction and affordability, system reliability and resiliency, meeting the clean energy aspirations of our communities and ensuring financial discipline,” said Bob Frenzel, chairman, president and CEO of Xcel Energy. At 9:00 a.m. CDT today, Xcel Energy will host a conference call to review financial results. To participate in the call, please dial in 5 to 10 minutes prior to the start and follow the o
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.