FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

XEL
2026-06-30 · figures in $M

FCF DOWN

Free cash flow moved from -$7.2B to -$7.7B — the lowest of its last 8 readings.

CASH FROM OPS +0.4%
4,771 32.6% MGN
CAPITAL EXPENDITURE +4.4%
12,463
FREE CASH FLOW —
-7,692
FCF / NET INCOME —
-3.44× TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
1,881 1,936 1,931 2,073 1,915 2,018 2,091 2,233 +6.8% +7.7% 2,233 2024-09-30 · $682.0M2024-12-31 · $464.0M2025-03-31 · $483.0M2025-06-30 · $444.0M2025-09-30 · $524.0M2025-12-31 · $567.0M2026-03-31 · $556.0M2026-06-30 · $586.0M
Depreciation & amortization
2,702 2,769 2,839 2,860 2,930 2,968 3,001 2,931 -2.3% +2.5% 2,931
Stock-based comp
35 33 36 37 44 46 48 48 +0.0% +29.7% 48
Cash from operations
4,951 4,641 4,619 4,510 4,538 4,083 4,752 4,771 +0.4% +5.8% 4,771 2024-09-30 · $1.7B2024-12-31 · $664.0M2025-03-31 · $1.0B2025-06-30 · $1.1B2025-09-30 · $1.8B2025-12-31 · $209.0M2026-03-31 · $1.7B2026-06-30 · $1.1B
Cash conversion
2.63× 2.40× 2.39× 2.18× 2.37× 2.02× 2.27× 2.14× -6.0% -1.8% 2.14×
Capital expenditures
(6,761) (7,364) (7,815) (8,411) (9,687) (10,908) (11,942) (12,463) +4.4% +48.2% (12,463)
Free cash flow
-1,810 -2,723 -3,196 -3,901 -5,149 -6,825 -7,190 -7,692 — — -7,692 2024-09-30 · -$42.0M2024-12-31 · -$1.6B2025-03-31 · -$960.0M2025-06-30 · -$1.3B2025-09-30 · -$1.3B2025-12-31 · -$3.2B2026-03-31 · -$1.3B2026-06-30 · -$1.8B
FCF margin
-13.2% -20.3% -23.3% -28.0% -36.2% -46.5% -48.6% -52.6% — — -52.6%
Cash from investing
-6,831 -7,428 -7,863 -8,455 -9,723 -10,969 -11,997 -12,498 — — -12,498
Dividends paid
1,149 1,175 1,201 1,225 1,258 1,282 1,323 1,365 +3.2% +11.4% 1,365
Debt repayment
NOT DISCLOSED
1,050 656 — — — — — — — — —
Cash from financing
2,831 2,837 3,866 3,801 4,692 6,981 7,882 8,283 +5.1% +117.9% 8,283
Net change in cash
951 50 622 -144 -493 95 637 556 -12.7% — 556
Ending cash balance
1,545 179 1,123 1,454 1,052 274 1,760 2,010 +14.2% +38.2% 2,010

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-7,190 CASH FROM OPERATIONS+19 CAPITAL EXPENDITURES-521 TO-7,692
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-30 ↗