# NRG Energy, Inc.: overview

NRG · NYSE · CIK 1013871 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nrg.md) · [Financials](/companies/nrg/financials.md) · [Filings](/companies/nrg/filings.md) · [Insiders](/companies/nrg/insiders.md)

Latest reported revenue: [$7.32bn](/filings/0001013871-26-000020.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001013871-26-000020).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [7.1](/filings/0001013871-25-000025.md) | [6.8 d](/filings/0001013871-26-000004.md) | [8.5](/filings/0001013871-26-000012.md) | [6.7](/filings/0001013871-26-000020.md) | [7.5](/filings/0001013871-25-000025.md) | [7.7 d](/filings/0001013871-26-000004.md) | [10.1](/filings/0001013871-26-000012.md) | [7.3](/filings/0001013871-26-000020.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(11.4%)](/filings/0001013871-25-000025.md) | [14.1% d](/filings/0001013871-26-000004.md) | [13.4%](/filings/0001013871-26-000012.md) | [0.0%](/filings/0001013871-26-000020.md) | [5.5%](/filings/0001013871-25-000025.md) | [3.9% d](/filings/0001013871-26-000004.md) | [3.2%](/filings/0001013871-26-000012.md) | [13.3%](/filings/0001013871-26-000020.md) |
| Net margin | % | [(10.8%)](/filings/0001013871-25-000025.md) | [9.5% d](/filings/0001013871-26-000004.md) | [8.8%](/filings/0001013871-26-000012.md) | [(1.6%)](/filings/0001013871-26-000020.md) | [2.0%](/filings/0001013871-25-000025.md) | [0.9% d](/filings/0001013871-26-000004.md) | [1.2%](/filings/0001013871-26-000012.md) | [6.9%](/filings/0001013871-26-000020.md) |
| Diluted EPS | $ per share | [(3.79)](/filings/0001013871-25-000025.md) | not reported | [3.61](/filings/0001013871-26-000012.md) | [(0.62)](/filings/0001013871-26-000020.md) | [0.69](/filings/0001013871-25-000025.md) | not reported | [0.52](/filings/0001013871-26-000012.md) | [2.31](/filings/0001013871-26-000020.md) |
| Free cash flow | $bn | [(0.1) d](/filings/0001013871-25-000025.md) | [0.8 d](/filings/0001013871-26-000004.md) | [0.6](/filings/0001013871-26-000012.md) | [0.1 d](/filings/0001013871-26-000020.md) | [0.2 d](/filings/0001013871-25-000025.md) | [(0.2) d](/filings/0001013871-26-000004.md) | [(0.5)](/filings/0001013871-26-000012.md) | [0.8 d](/filings/0001013871-26-000020.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [26.8](/filings/0001013871-24-000005.md) | [31.5](/filings/0001013871-25-000006.md) | [28.3](/filings/0001013871-26-000004.md) | [27.7](/filings/0001013871-26-000004.md) | [30.3](/filings/0001013871-26-000004.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [12.5%](/filings/0001013871-24-000005.md) | [6.4%](/filings/0001013871-25-000006.md) | [1.4%](/filings/0001013871-26-000004.md) | [8.7%](/filings/0001013871-26-000004.md) | [6.1%](/filings/0001013871-26-000004.md) |
| Net margin | % | [8.2%](/filings/0001013871-24-000005.md) | [3.9%](/filings/0001013871-25-000006.md) | [(0.7%)](/filings/0001013871-26-000004.md) | [4.1%](/filings/0001013871-26-000004.md) | [2.8%](/filings/0001013871-26-000004.md) |
| Diluted EPS | $ per share | [8.93](/filings/0001013871-24-000005.md) | [5.17](/filings/0001013871-25-000006.md) | [(1.12)](/filings/0001013871-26-000004.md) | [4.99](/filings/0001013871-26-000004.md) | [4.01](/filings/0001013871-26-000004.md) |
| Free cash flow | $bn | [0.2](/filings/0001013871-24-000005.md) | [(0.0)](/filings/0001013871-25-000006.md) | [(0.8)](/filings/0001013871-26-000004.md) | [1.8](/filings/0001013871-26-000004.md) | [0.8](/filings/0001013871-26-000004.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nrg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $2.58bn | 17,658,104 |  | Reduced −342,980 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $2.47bn | 16,880,449 |  | Reduced −528,623 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.01bn | 13,783,144 |  | Reduced −15,944 |
| [FRANKLIN RESOURCES INC](/funds/38777.md) | 2026-06-30 | $1.91bn | 13,049,349 |  | Added +5,346,886 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $1.64bn | 11,234,607 |  | Reduced −537,512 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.59bn | 10,898,737 |  | Reduced −419,366 |
| [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $1.39bn | 9,524,776 |  | Added +2,359,071 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $869.7m | 5,976,441 |  | Added +8,801 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $770.5m | 5,275,085 |  | Reduced −10,544 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $621.9m | 4,257,712 |  | Added +2,271,751 |

## Recent filings

[All 2,422 filings](/companies/nrg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-04 | 15:38 ET | [10-Q](/filings/0001013871-26-000020.md) | Quarterly report, period 2026-06-30 | 0001013871-26-000020 |
| 2026-08-04 | 07:28 ET | [8-K](/filings/0001013871-26-000018.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001013871-26-000018 |
| 2026-07-15 | 08:48 ET | [8-K](/filings/0001104659-26-083743.md) | 8.01 Other events | 0001104659-26-083743 |
| 2026-05-21 | 08:10 ET | [8-K](/filings/0001104659-26-064884.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-064884 |
| 2026-05-06 | 15:42 ET | [10-Q](/filings/0001013871-26-000012.md) | Quarterly report, period 2026-03-31 | 0001013871-26-000012 |
| 2026-05-06 | 07:00 ET | [8-K](/filings/0001013871-26-000010.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001013871-26-000010 |
| 2026-05-01 | 11:59 ET | [8-K](/filings/0001104659-26-053755.md) | 5.07 Shareholder vote results | 0001104659-26-053755 |
| 2026-04-30 | 16:06 ET | [8-K/A](/filings/0001104659-26-052882.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-052882 |
| 2026-04-28 | 17:15 ET | [8-K](/filings/0001104659-26-050486.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-050486 |
| 2026-04-14 | 17:29 ET | [8-K](/filings/0001104659-26-043327.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-043327 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001013871-26-000004.md), filed Feb 24, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/80ac3846-3df7-4597-915e-af49c8ad2992)

## About the filer

- CIK: 1013871
- Tickers: NRG
- Exchange: NYSE
- SIC code: 4911 Electric Services
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:30 ET. No prices; not investment advice.