Revenue is classified by the type of goods/services rendered and market/customer type. Xcel Energy’s operating revenues consisted of the following:


	Three Months Ended Sept. 30, 2026
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	1,389	$	132	$	1	$	1,522
C&I	1,798		81		8		1,887
Other	42		—		—		42
Total retail	3,229		213		9		3,451
Wholesale	153		—		—		153
Transmission	221		—		—		221
Other	21		40		—		61
Total revenue from contracts with customers	3,624		253		9		3,886
Alternative revenue and other	264		19		3		286
Total revenues	$	3,888	$	272	$	12	$	4,172


	Three Months Ended Sept. 30, 2025
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	1,260	$	133	$	2	$	1,395
C&I	1,750		82		5		1,837
Other	40		—		2		42
Total retail	3,050		215		9		3,274
Wholesale	205		—		—		205
Transmission	200		—		—		200
Other	22		33		—		55
Total revenue from contracts with customers	3,477		248		9		3,734
Alternative revenue and other	161		16		4		181
Total revenues	$	3,638	$	264	$	13	$	3,915


	Nine Months Ended Sept. 30, 2026
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	3,096	$	928	$	3	$	4,027
C&I	4,514		520		23		5,057
Other	108		—		4		112
Total retail	7,718		1,448		30		9,196
Wholesale	459		—		—		459
Transmission	597		—		—		597
Other	46		134		—		180
Total revenue from contracts with customers	8,820		1,582		30		10,432
Alternative revenue and other	784		85		11		880
Total revenues	$	9,604	$	1,667	$	41	$	11,312


	Nine Months Ended Sept. 30, 2025
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	3,065	$	977	$	3	$	4,045
C&I	4,557		521		22		5,100
Other	113		—		6		119
Total retail	7,735		1,498		31		9,264
Wholesale	556		—		—		556
Transmission	541		—		—		541
Other	61		129		—		190
Total revenue from contracts with customers	8,893		1,627		31		10,551
Alternative revenue and other	458		88		11		557
Total revenues	$	9,351	$	1,715	$	42	$	11,108