Exhibit 99.01 414 Nicollet Mall 04/24/2025 Minneapolis, MN 55401 XCEL ENERGY FIRST QUARTER 2025 EARNINGS REPORT MINNEAPOLIS — Xcel Energy Inc. (NASDAQ: XEL) today reported 2025 first quarter GAAP earnings of $483 million, or$0.84 per share, compared with $488 million, or$0.88 per share in the same period in 2024. First quarter ongoing earnings reflect higher O&M expenses, depreciation and interest charges, partially offset by increased recovery of infrastructure investments. "As we continue to advance our ...