How many employees does Xcel Energy have?
Xcel Energy, Inc. (XEL) has approximately 11,725 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. Xcel Energy’s total headcount has grown 3.5% from 11,334 employees in 2023 to 11,725 in 2026.
Is Xcel Energy hiring right now?
Yes, Xcel Energy is actively hiring. Xcel Energy had 548 active job postings in 2026, a 51.1% increase from 2025 — see job openings & hiring trends.
About Xcel Energy’s Workforce
Xcel Energy, Inc. (XEL) is an Energy and Resources company that employs 11,725 people worldwide as of June 2026. It is the 6th-largest by headcount among its peers. Founded in 1909, the company is headquartered in Minneapolis, Minnesota and trades on the NASDAQ.
Xcel Energy's workforce has grown 3.5% from 2023 to 2026, up 2.5% year over year in 2026. It fell to a low of 11,093 in 2024 Q1 before recovering. Its workforce is concentrated most in North America (98.7%), followed by South Asia (0.3%) and Northern Europe (0.2%).
Xcel Energy's functional groups are Finance and Operations (46.9%), Engineering (29.7%), and Sales and Marketing (23.4%), with Finance and Operations growing fastest (up 1.9%). The average salary is $108,179, ranging from a median of $103,000 in North America to $6,000 in Sub-Saharan Africa.
Xcel Energy's active job postings rose 51.1% in 2026 to 548, with new postings per month climbing from 248 in 2023 to 511 in 2026. Overall employee sentiment is negative but improving.
Sourced from Revelio Labs workforce data.
- Ticker
- NASDAQ: XEL
- Headquarters
- Minneapolis, Minnesota
- Founded
- 1909
- Industry
- Energy and Resources
- Employees
- 11,725
- YoY
- +2.5% (+290)
As of June 2026
Xcel Energy workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Xcel Energy. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsXcel Energy Annual Employee Count (2023-2026)
Loading- Xcel Energy had 11,725 employees in 2026, a 2.5% increase (+290) from 2025.
- Xcel Energy had 11,505 employees in 2025, a 2.3% increase (+261) from 2024.
- Xcel Energy had 11,244 employees in 2024, a 1.2% increase (+135) from 2023.
- Xcel Energy had 11,109 employees in 2023, a 3.1% decline (-357) from 2022.
Xcel Energy's total workforce has grown from 11,334 employees in 2023 to 11,725 in 2026.
Xcel Energy, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q2 | 11,725 | +290 | +2.5% |
| 2026 | Q1 | 11,546 | +228 | +2.0% |
| 2025 | Q4 | 11,505 | +261 | +2.3% |
| 2025 | Q3 | 11,448 | +285 | +2.6% |
| 2025 | Q2 | 11,435 | +259 | +2.3% |
| 2025 | Q1 | 11,318 | +225 | +2.0% |
| 2024 | Q4 | 11,244 | +135 | +1.2% |
| 2024 | Q3 | 11,163 | -171 | -1.5% |
| 2024 | Q2 | 11,176 | -290 | -2.5% |
| 2024 | Q1 | 11,093 | -473 | -4.1% |
| 2023 | Q4 | 11,109 | -357 | -3.1% |
| 2023 | Q3 | 11,334 | +6 | +0.1% |
See Xcel Energy's complete headcount history, including quarterly breakdowns.
Get the DataXcel Energy Employee Count by Region (2026)
LoadingNorth America accounts for the largest share of Xcel Energy's global workforce with approximately 99% of total employees, followed by South Asia and Northern Europe.
Xcel Energy employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 11,413 | 98.7% |
| South Asia | 40 | 0.3% |
| Northern Europe | 18 | 0.2% |
| Sub-Saharan Africa | 16 | 0.1% |
| Western Europe | 15 | 0.1% |
| Central and Western Asia | 11 | 0.1% |
| North Africa | 9 | 0.1% |
| Southeast Asia | 8 | 0.1% |
| East Asia | 8 | 0.1% |
| Southern Europe | 6 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataXcel Energy Employee Count by Department (2026)
LoadingXcel Energy's employee groups are Finance and Operations (46.9%), Engineering (29.7%), and Sales and Marketing (23.4%).
Xcel Energy employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 5,439 | 46.9% |
| Engineering | 3,449 | 29.7% |
| Sales and Marketing | 2,712 | 23.4% |
Compare Xcel Energy's department mix to industry peers.
See Full DataXcel Energy Employee Salary by Region (2026)
LoadingXcel Energy's average employee salary is $108,179 globally. Employees in North America receive the highest compensation. Pay is lowest in Sub-Saharan Africa, at a median of $6,000.
Xcel Energy median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $103,000 |
| Western Europe | $95,000 |
| Northern Europe | $65,000 |
| Southern Europe | $61,000 |
| East Asia | $51,000 |
| Central and Western Asia | $36,000 |
| Eastern Europe | $24,000 |
| Southeast Asia | $19,000 |
| South Asia | $18,000 |
| North Africa | $9,000 |
| Sub-Saharan Africa | $6,000 |
Unlock salary by role, level, and city — and compare to Xcel Energy's industry peers.
Unlock Salary DataXcel Energy Job Openings and Hiring Trends (2023-2026)
Loading- Xcel Energy had 548 active job postings in 2026, a 51.1% increase (+127) from 2025.
- Xcel Energy had 421 active job postings in 2025, a 13.7% increase (+54) from 2024.
- Xcel Energy had 367 active job postings in 2024, a 80.2% increase (+210) from 2023.
- Xcel Energy had 157 active job postings in 2023, a 105.7% decline from 2022.
- Hiring velocity in 2026: 511 new roles/month, up from 461 in 2025 and 547 in 2024.
Xcel Energy's hiring is accelerating: active job postings rose 51.1% in 2026 to 548, with new postings per month climbing from 248 in 2023 to 511 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataXcel Energy Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Xcel Energy's workforce based on public professional data. Overall sentiment is negative and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Xcel Energy
- How fast is Xcel Energy growing?
- In 2026, Xcel Energy's headcount grew 2.5% to 11,725 employees, up from 11,435 in 2025.
- See the full headcount history
- Where are Xcel Energy employees located?
- Most Xcel Energy employees are based in North America (98.7% of headcount), followed by South Asia and Northern Europe.
- Explore where the workforce is based
- How many people work at Xcel Energy in North America?
- About 11,413 people work at Xcel Energy in North America, its largest region.
- See headcount by region
- What is the average salary at Xcel Energy?
- The average employee salary at Xcel Energy is approximately $108.2k per year.
- Analyze the salary distribution
- How many new job postings does Xcel Energy open per year?
- Through Q2 2026, Xcel Energy opened 3,063 new job postings. In 2025, Xcel Energy opened 5,530 new job postings — about 461 per month.
- Track hiring trends by role
- When was Xcel Energy founded and where is it headquartered?
- Xcel Energy was founded in 1909 and is headquartered in Minneapolis, Minnesota.
- Compare Xcel Energy to industry peers
Speak with a workforce expert about Xcel Energy.
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