Xcel Energy posts Q3 2025 results; furnishes Exhibit 99.01

Xcel Energy Inc. filed a Form 8-K stating it released earnings results for the third quarter of 2025.

Rhea-AI Filing Summary

Xcel Energy Inc. filed a Form 8-K stating it released earnings results for the third quarter of 2025. The company furnished an Earnings Release as Exhibit 99.01 under Item 2.02.

8-K Event Classification

2 items: 2.02, 9.01

2 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

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What did XEL announce in this 8-K?

Xcel Energy released earnings results for the third quarter of 2025 and furnished an Earnings Release as Exhibit 99.01 under Item 2.02.

What period do the results cover for XEL?

The filing states earnings results for the third quarter of 2025.

Which exhibit accompanies the XEL 8-K?

The Earnings Release is furnished as Exhibit 99.01.

What are Xcel Energy’s listed securities and symbols?

Common Stock XEL and 6.25% Junior Subordinated Notes due 2085 XELLL, both on the Nasdaq Stock Market LLC.

When is the date of the report for XEL’s 8-K?

The date of the report is October 30, 2025.

Which subsidiaries are included as registrants with XEL?

Northern States Power Company (MN), Northern States Power Company (WI), Public Service Company of Colorado, and Southwestern Public Service Company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/29/2025 - 05:35 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 30, 2025

Commission File Number						Exact Name of Registrant as Specified in its Charter; State of Incorporation; Address of Principal Executive Offices; and Telephone Number															IRS Employer Identification Number
001-3034						XCEL ENERGY INC.															41-0448030
						(a Minnesota corporation)
						414 Nicollet Mall
						Minneapolis,			Minnesota						55401
						(612)						330-5500
000-31387						NORTHERN STATES POWER COMPANY															41-1967505
						(a Minnesota corporation)
						414 Nicollet Mall
						Minneapolis,			Minnesota						55401
						(612)						330-5500
001-03140						NORTHERN STATES POWER COMPANY															39-0508315
						(a Wisconsin corporation)
						1414 W. Hamilton Avenue
						Eau Claire,			Wisconsin						54701
						(715)						737-2625
001-3280						PUBLIC SERVICE COMPANY OF COLORADO															84-0296600
						(a Colorado corporation)
						3500 Blake Street
						Denver,			Colorado						80205
						(303)						571-7511
001-03789						SOUTHWESTERN PUBLIC SERVICE COMPANY															75-0575400
						(a New Mexico corporation)
						790 South Buchanan
						Amarillo,			Texas						79101
						(303)						571-7511

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock

XEL

Nasdaq Stock Market LLC

6.25% Junior Subordinated Notes due 2085

XELLL

Nasdaq Stock Market LLC

Item 2.02. Results of Operations and Financial Condition

On October 30, 2025, Xcel Energy released earnings results for the third quarter of 2025.

See additional information in the Earnings Release furnished as exhibit 99.01.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit No.						Description
99.01						Earnings Release of Xcel Energy dated October 30, 2025.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Oct. 30, 2025			Xcel Energy Inc. (a Minnesota corporation)
			Northern States Power Company (a Minnesota corporation)
			Northern States Power Company (a Wisconsin corporation)
			Public Service Company of Colorado (a Colorado corporation)
			Southwestern Public Service Company (a New Mexico corporation)
			/s/ BRIAN J. VAN ABEL
			Brian J. Van Abel
			Executive Vice President, Chief Financial Officer