NRG Energy, Inc. (NRG) income statement
NYSE · Utilities · Independent Power Producers · 16,702 employees · CEO Robert J. Gaudette
- Price
- $96.06 -1.52%
- Market cap
- $20.2B
- Enterprise value
- $43.5B
- Last report
- Q2 '26 filed 2026-08-04
- Next report
- 2026-11-09 EPS est. $3.35
NRG Energy, Inc. (NRG) reported revenue of $7.48B for Q2 '26 (+11.0% year on year), operating income of $976M (13.0% of revenue) and net income of $506M. Over the last four quarters revenue was $33.2B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.95B | $6.81B | $7.43B | $6.66B | $7.22B | $6.82B | $8.59B | $6.74B | $7.64B | $7.75B | $10.3B | $7.48B | |
| Cost of revenue | $6.41B | $6.37B | $5.66B | $4.33B | $7.24B | $4.87B | $6.56B | $5.63B | $6.6B | $5.21B | $9.45B | $5.47B | |
| Gross profit | $1.54B | $442M | $1.77B | $2.33B | -$16M | $1.95B | $2.02B | $1.11B | $1.03B | $2.54B | $850M | $2.01B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $562M | |
| Other operating expenses | $377M | -$777M | $346M | $376M | $151M | $702M | $341M | $344M | $0 | -$665M | $0 | $473M | |
| Operating expenses | $979M | -$395M | $895M | $921M | $796M | $994M | $890M | $1.07B | $612M | $2.29B | $593M | $1.04B | |
| Operating income | $561M | $837M | $872M | $1.41B | -$812M | $954M | $1.13B | $43M | $422M | $251M | $257M | $976M | |
| Interest expense | $173M | $195M | $152M | $163M | $213M | $123M | $163M | $143M | $188M | $278M | -$285M | $310M | |
| Other non-operating income (gains on investments, FX ...) | -$20M | -$11M | $25M | $195M | -$11M | $116M | -$14M | $48M | -$4M | -$35M | $459M | $3M | |
| Total non-operating income | -$153M | -$184M | -$177M | -$358M | -$202M | -$239M | -$149M | -$196M | -$184M | -$243M | -$174M | -$313M | |
| Income before tax | $408M | $653M | $695M | $1.05B | -$1.01B | $715M | $985M | -$153M | $238M | $8M | $83M | $663M | |
| Income tax | $65M | $171M | $184M | $314M | -$247M | $72M | $235M | -$49M | $86M | -$58M | -$42M | $157M | |
| Net income | $343M | $482M | $511M | $738M | -$767M | $643M | $750M | -$104M | $152M | $66M | $125M | $506M | |
| EPS (basic) | $1.42 | $2.10 | $2.36 | $3.47 | -$3.79 | $3.09 | $3.70 | -$0.62 | $0.70 | $0.26 | $0.52 | $2.32 | |
| EPS (diluted) | $1.41 | $2.10 | $2.31 | $3.37 | -$3.79 | $3.00 | $3.61 | -$0.62 | $0.69 | $0.26 | $0.52 | $2.31 | |
| Shares (basic, weighted) | 230M | 222M | 209M | 208M | 207M | 207M | 198M | 196M | 193M | 190M | 207M | 211M | |
| Shares (diluted, weighted) | 232M | 222M | 214M | 214M | 207M | 210M | 203M | 196M | 195M | 190M | 208M | 212M | |
| Depreciation & amortization | $332M | $319M | $350M | $285M | $261M | $363M | $218M | $374M | $362M | $383M | $432M | $494M | |
| EBITDA | $913M | $1.17B | $1.2B | $1.5B | -$540M | $1.2B | $1.37B | $369M | $788M | $669M | $230M | $1.47B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.92B | $9.07B | $9.48B | $9.82B | $9.09B | $27B | $31.5B | $28.8B | $28.1B | $30.7B | |
| Cost of revenue | $6.68B | $6.89B | $7.11B | $7.3B | $6.54B | $20.5B | $27.4B | $26.5B | $22.1B | $24B | |
| Gross profit | $2.24B | $2.19B | $2.37B | $2.52B | $2.55B | $6.51B | $4.1B | $2.3B | $6.03B | $6.71B | |
| Research & development | $48M | $22M | $11M | $7M | $8M | $0 | $0 | $0 | $0 | $0 | |
| Other operating expenses | $1.13B | $2.07B | $578M | $461M | $630M | $1.87B | $937M | $70M | $1.26B | $0 | |
| Operating expenses | $2.21B | $2.93B | $1.39B | $1.23B | $1.45B | $3.17B | $2.08B | $1.91B | $3.61B | $4.86B | |
| Operating income | $33M | -$741M | $982M | $1.29B | $1.11B | $3.34B | $2.02B | $384M | $2.42B | $1.85B | |
| Interest expense | $583M | $557M | $483M | $413M | $401M | $485M | $417M | $667M | $651M | $772M | |
| Other non-operating income (gains on investments, FX ...) | $381M | $91M | $32M | $91M | -$57M | -$3M | -$62M | -$70M | $325M | $0 | |
| Total non-operating income | -$964M | -$648M | -$515M | -$504M | -$344M | -$482M | -$355M | -$597M | -$976M | -$772M | |
| Income before tax | -$931M | -$1.39B | $467M | $786M | $761M | $2.86B | $1.66B | -$213M | $1.45B | $1.08B | |
| Income tax | $25M | -$44M | $7M | -$3.33B | $251M | $672M | $442M | -$11M | $323M | $214M | |
| Net income | -$774M | -$2.15B | $268M | $4.44B | $510M | $2.19B | $1.22B | -$202M | $1.13B | $864M | |
| EPS (basic) | -$2.22 | -$6.79 | $0.88 | $16.94 | $2.08 | $8.93 | $5.17 | -$1.12 | $5.14 | $4.09 | |
| EPS (diluted) | -$2.22 | -$6.79 | $0.87 | $16.81 | $2.07 | $8.93 | $5.17 | -$1.12 | $4.99 | $4.01 | |
| Shares (basic, weighted) | 316M | 317M | 304M | 262M | 245M | 245M | 236M | 228M | 206M | 195M | |
| Shares (diluted, weighted) | 316M | 317M | 308M | 264M | 246M | 245M | 236M | 228M | 212M | 199M | |
| Depreciation & amortization | $889M | $701M | $540M | $497M | $559M | $836M | $688M | $1.34B | $1.07B | $1.44B | |
| EBITDA | $541M | -$131M | $1.49B | $1.7B | $1.72B | $4.18B | $2.77B | $1.79B | $3.17B | $3.29B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02