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Xcel Energy (XEL) capital expenditures by quarter

Xcel Energy's capital expenditures were $3.3B in Q3 2026 (third quarter 2026), +11% from Q2 2026. Over the last 7 quarters it ranged from $2.0B (Q1 2025) to $3.4B (Q4 2025).

Xcel Energy capital expenditures by quarterXcel Energy capital expenditures by quarter$2.0BQ1 2025$2.4BQ2 2025$3.1BQ3 2025$3.4BQ4 2025$3.0BQ1 2026$2.9BQ2 2026$3.3BQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$3.3B+11%+8%
Q2 2026$2.9B-2%+21%
Q1 2026$3.0B-12%+52%
Q4 2025$3.4B+13%—
Q3 2025$3.1B+26%—
Q2 2025$2.4B+22%—
Q1 2025$2.0B——

Q3 2026 at a glance

Xcel Energy, Q3 2026: revenue $4.2B (+7% year over year), operating margin 28.5%, net earnings $960M, operating cash flow $2.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is Xcel Energy's capital expenditures?

Xcel Energy's capital expenditures were $3.3B in Q3 2026 (third quarter 2026), +11% from Q2 2026.

How has Xcel Energy's capital expenditures changed?

Over the last 7 quarters it ranged from $2.0B (Q1 2025) to $3.4B (Q4 2025).

Q3 2026 results → · How Xcel Energy makes money →