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Xcel Energy (XEL) Q3 2026 Earnings: Guidance Narrowed

Q3 2026 (ended Sep 30, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • Xcel Energy narrowed its full-year guidance; revenue +6.6% vs a year earlier.

Xcel Energy's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-29. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP)$4,172 million (+6.6% vs a year earlier)
Diluted EPS (GAAP)$1.52
Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs)$1.52
Full-year guidanceNarrowed

Guidance

Narrowed 2026 ongoing EPS guidance to $4.10–$4.16 from $4.04–$4.16; initiated 2027 ongoing EPS guidance of $4.48–$4.62.

Why this label: '2026 ongoing earnings guidance is a narrowed range of $4.10 to $4.16 per share, from the original guidance of $4.04 to $4.16'; 2027 guidance initiated separately.

MetricPeriodNewPrior (as stated in the release)
ongoing EPSFY2026$4.10–$4.16$4.04–$4.16
ongoing EPSFY2027$4.48–$4.62not stated
long-term annual EPS growthlong-term6%–8+%not stated

From the release

Revenue: "Total operating revenues · 4,172 · 3,915 · 11,312 · 11,108"

Earnings per share: "Third quarter diluted GAAP and ongoing earnings per share were $1.52 in 2026 compared with GAAP earnings of $0.88 and ongoing earnings of $1.24 in 2025."

ongoing EPS: "Xcel Energy’s 2026 ongoing earnings guidance is a narrowed range of $4.10 to $4.16 per share, from the original guidance of $4.04 to $4.16 per share."

ongoing EPS: "Xcel Energy initiates its 2027 ongoing earnings per share guidance of $4.48 to $4.62."

long-term annual EPS growth: "Deliver long-term annual EPS growth of 6% to 8+%."

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: Initiated 2027 ongoing EPS guidance of $4.48–$4.62; narrowed 2026 range to $4.10–$4.16.

Source

Xcel Energy earnings release (SEC filing), accession 0000072903-26-000178, filed 2026-10-29.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

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