NRG Energy, Inc. (NRG)NRGNRG Energy, Inc.

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	36.75B	11.06B	10.30B	7.75B	7.63B	6.74B	8.59B	6.82B	7.22B
Cost of Goods Sold	30.72B	9.45B	9.45B	5.21B	6.60B	5.63B	6.56B	4.87B	7.24B
Gross Profit	6.03B	1.61B	850.00M	2.54B	1.03B	1.11B	2.02B	1.95B	-16.00M
Gross Profit Margin	16.4%	14.5%	8.3%	32.8%	13.5%	16.5%	23.6%	28.6%	-0.2%
Total Operating Expenses	4.06B	562.00M	593.00M	2.29B	612.00M	1.07B	890.00M	994.00M	796.00M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	4.72B	562.00M	593.00M	2.96B	612.00M	724.00M	549.00M	292.00M	645.00M
Operating Income (EBIT)	1.98B	1.05B	257.00M	251.00M	422.00M	43.00M	1.13B	954.00M	-812.00M
Operating Margin	5.4%	9.5%	2.5%	3.2%	5.5%	0.6%	13.2%	14.0%	-11.2%
Income Before Tax (EBT)	992.00M	663.00M	83.00M	8.00M	238.00M	-153.00M	985.00M	715.00M	-1.01B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	-129.00M	-310.00M	-285.00M	278.00M	188.00M	143.00M	163.00M	123.00M	213.00M
Other Income/Expense	-985.00M	-384.00M	-174.00M	-243.00M	-184.00M	-196.00M	-149.00M	-239.00M	-202.00M
Net Income	849.00M	506.00M	125.00M	66.00M	152.00M	-104.00M	750.00M	643.00M	-767.00M
Income Tax Expense	143.00M	157.00M	-42.00M	-58.00M	86.00M	-49.00M	235.00M	72.00M	-247.00M
Net Profit Margin	2.3%	4.6%	1.2%	0.9%	2.0%	-1.5%	8.7%	9.4%	-10.6%
EBITDA	4.19B	1.53B	696.00M	1.18B	782.00M	387.00M	1.46B	1.31B	-460.00M
EBITDA Margin	11.4%	13.9%	6.8%	15.2%	10.2%	5.7%	17.0%	19.2%	-6.4%
Depreciation & Amortization	2.21B	487.00M	439.00M	925.00M	360.00M	344.00M	326.00M	358.00M	352.00M
EPS Basic	3.82	2.34	0.52	0.26	0.70	-0.62	3.70	3.09	-3.79
EPS Diluted	3.81	2.34	0.52	0.26	0.69	-0.62	3.61	3.00	-3.79
Shares Outstanding	209.00M	209.00M	207.00M	190.38M	193.00M	196.00M	198.00M	206.50M	207.00M
Diluted Shares Outstanding	210.00M	210.00M	208.00M	190.38M	195.00M	196.00M	203.00M	209.50M	207.00M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	30.71B	28.13B	28.82B	31.54B	26.99B	9.09B	9.82B	9.48B
Cost of Goods Sold	24.00B	22.10B	26.53B	27.44B	20.48B	6.54B	7.30B	7.11B
Gross Profit	6.71B	6.03B	2.30B	4.10B	6.51B	2.55B	2.52B	2.37B
Gross Profit Margin	21.8%	21.4%	8.0%	13.0%	24.1%	28.1%	25.6%	25.0%
Total Operating Expenses	4.86B	3.61B	1.91B	2.08B	3.17B	1.45B	1.23B	1.39B
Research & Development	N/A	N/A	N/A	N/A	N/A	8.00M	7.00M	11.00M
Selling, General & Administrative	4.84B	2.35B	1.84B	1.15B	1.29B	810.00M	760.00M	799.00M
Operating Income (EBIT)	1.85B	2.42B	384.00M	2.02B	3.34B	1.10B	1.29B	982.00M
Operating Margin	6.0%	8.6%	1.3%	6.4%	12.4%	12.2%	13.1%	10.4%
Income Before Tax (EBT)	1.08B	1.45B	-213.00M	1.66B	2.86B	761.00M	786.00M	467.00M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	772.00M	651.00M	667.00M	417.00M	485.00M	401.00M	413.00M	483.00M
Other Income/Expense	-772.00M	-976.00M	-597.00M	-355.00M	-482.00M	-344.00M	-504.00M	-515.00M
Net Income	864.00M	1.13B	-202.00M	1.22B	2.19B	510.00M	4.44B	268.00M
Income Tax Expense	214.00M	323.00M	-11.00M	442.00M	672.00M	251.00M	-3.33B	7.00M
Net Profit Margin	2.8%	4.0%	-0.7%	3.9%	8.1%	5.6%	45.2%	2.8%
EBITDA	3.81B	3.83B	1.68B	2.74B	4.18B	1.66B	1.79B	1.52B
EBITDA Margin	12.4%	13.6%	5.8%	8.7%	15.5%	18.3%	18.2%	16.1%
Depreciation & Amortization	1.96B	1.40B	1.29B	720.00M	836.00M	559.00M	497.00M	540.00M
EPS Basic	4.09	5.14	-1.12	5.17	8.93	2.08	16.94	0.88
EPS Diluted	4.01	4.99	-1.12	5.17	8.93	2.07	16.81	0.87
Shares Outstanding	195.00M	206.00M	228.00M	236.00M	245.00M	245.00M	262.00M	304.00M
Diluted Shares Outstanding	199.00M	212.00M	228.00M	236.00M	245.00M	246.00M	264.00M	308.00M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About NRG Energy, Inc.

NRG Energy, Inc., together with its affiliated entities, operates as a comprehensive power utility spanning the United States. Its operations are divided into three main geographical divisions: Texas, East, and West. The company plays a crucial role in generating, distributing, and selling electricity and various related services, serving approximately six million customers across residential, commercial, industrial, and wholesale sectors. Their energy generation capabilities are diverse, drawing from natural gas, coal, oil, solar, nuclear, and battery storage technologies. Beyond core power provision, NRG offers an extensive array of solutions, including centralized system power, decentralized generation, renewable energy products, emergency backup power, distributed solar and storage installations, demand-side management, energy efficiency programs, expert advisory services, carbon management initiatives, and bespoke on-site energy solutions. Furthermore, NRG actively engages in the trading of electric power, natural gas, and associated commodities, alongside environmental credits, weather-related products, and various financial instruments such as forwards, futures, options, and swaps. The company also manages fuel procurement and transportation services. It directly markets energy, services, and products to retail consumers through several established brands, including NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. As of December 31, 2021, NRG Energy's generation assets encompassed approximately 18,000 megawatts of capacity across 25 owned and leased facilities. The corporation was founded in 1989 and maintains its corporate headquarters in Houston, Texas.

Houston, TX

16,702 employees

www.nrg.com

Utilities / Independent Power Producers

Sector: Utilities
Industry: Independent Power Producers
CEO: Robert J. Gaudette

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