---
schema_version: "secwatch.filing_event.v1"
accession: "0000072903-26-000070"
form_type: "8-K"
ticker: null
cik: "0001123852"
company_name: "NORTHERN STATES POWER CO"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:32:59.943384+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Xcel Energy Q1 EPS $0.89 ($0.91 ongoing) vs $0.84 YoY; reaffirms FY guidance

## Summary
- GAAP EPS $0.89 ($0.91 ongoing) vs $0.84 YoY; net earnings $556M vs $483M.
- Reaffirms FY2026 ongoing EPS guidance of $4.04-$4.16 per share.
- Unseasonably warm weather impact offset by recovery of electric infrastructure investments and sales growth.
- Signed data center agreement with Google in Upper Midwest during Q1.

## SEC filing metadata
- accession: 0000072903-26-000070
- form_type: 8-K
- cik: 0001123852
- company_name: NORTHERN STATES POWER CO
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1123852/000007290326000070/0000072903-26-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72903/000007290326000070/xel-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072903-26-000070
- JSON: https://secwatch.observer/filing/0000072903-26-000070.json
- Plain text: https://secwatch.observer/filing/0000072903-26-000070.txt

## Key facts
- Earnings Releases
  NORTHERN STATES POWER CO reported first quarter of 2026 results: net income $567 million, EPS $0.91 per share. Guidance reaffirmed.
  - Period: first quarter of 2026
  - Net income: $567 million
  - EPS: $0.91 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Xcel Energy Inc. (NASDAQ: XEL) today reported 2026 first quarter GAAP earnings of $556 million, or $0.89 per share, compared with $483 million, or $0.84 per share in the same period in 2025 and ongoing earnings of $567 million, or $0.91 per share compared with $483 million or $0.84 per share in the same period in 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1123852/000007290326000070/0000072903-26-000070-index.htm
- Earnings Releases
  NORTHERN STATES POWER CO reported 2026 results: EPS $4.04 to $4.16. Guidance reaffirmed.
  - Period: 2026
  - EPS: $4.04 to $4.16
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Xcel Energy reaffirms its 2026 ongoing earnings per share guidance of $4.04 to $4.16.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1123852/000007290326000070/0000072903-26-000070-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.