NRG Energy, Inc. (NRG) stock

NRGNYSEElectric ServicesFiscal year ends December 31

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 7/3065% above fair value

$96.06−1.48 (-1.52%)

Close on Oct 30, 2026Market cap $20.19BP/E 25.4Yield 1.83%

Earnings

NRG Energy's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report

Nov 5, 2026

Q3 FY2026 · estimated, before the open

Revenue, Q2 FY2026

$7.48B

+11.0% on a year earlier

Adjusted EPS, Q2 FY2026

$1.49

$1.73 a year earlier

Latest guidance

Raised

Aug 4, 2026 · 12 items

Quarterly results

Revenue and earnings per share from each of NRG Energy's earnings releases, newest first

Quarter	Reported	Revenue	YoY	EPS	Adj. EPS	Source
Q3 FY2026ended Sep 30, 2026	Nov 5, 2026Expected	–	–	–	–	–
Q2 FY2026ended Jun 30, 2026	Aug 4, 2026before the open	$7.48B	+11.0%	$2.31	$1.49	Release
Q1 FY2026ended Mar 31, 2026	May 6, 2026before the open	$10.26B	–	$0.52	$1.49	Release
Q4 FY2025ended Dec 31, 2025	Feb 24, 2026before the open	–	–	–	–	Release
Q3 FY2025ended Sep 30, 2025	Nov 6, 2025before the open	$7.64B	–	$0.69	$2.78	Release
Q2 FY2025ended Jun 30, 2025	Aug 6, 2025before the open	$6.74B	+1.2%	-$0.62	$1.73	Release
Q1 FY2025ended Mar 31, 2025	May 12, 2025before the open	–	–	–	$2.68	Release
Q4 FY2024ended Dec 31, 2024	Feb 26, 2025before the open	$6.82B	+0.2%	$3.01	–	Release
Q3 FY2024ended Sep 30, 2024	Nov 8, 2024before the open	–	–	–	$1.90	Release
Q2 FY2024ended Jun 30, 2024	Aug 8, 2024before the open	$6.66B	+4.9%	$3.37	–	Release
Q1 FY2024ended Mar 31, 2024	May 7, 2024before the open	$7.43B	-3.8%	$2.31	–	Release
Q4 FY2023ended Dec 31, 2023	Feb 28, 2024before the open	$6.81B	-13.3%	–	–	Release
Q3 FY2023ended Sep 30, 2023	Nov 2, 2023before the open	$7.95B	-6.6%	$1.41	–	Release
Q2 FY2023ended Jun 30, 2023	Aug 8, 2023before the open	$6.35B	-12.8%	$1.25	–	Release
Q1 FY2023ended Mar 31, 2023	May 4, 2023before the open	$7.72B	-2.2%	-$5.82	–	Release
Q4 FY2022ended Dec 31, 2022	Feb 16, 2023before the open	$7.86B	+11.5%	–	–	Release
Q3 FY2022ended Sep 30, 2022	Nov 7, 2022before the open	$8.51B	+28.8%	$0.29	–	Release
Q2 FY2022ended Jun 30, 2022	Aug 4, 2022before the open	$7.28B	–	$2.16	–	Release
Q1 FY2022ended Mar 31, 2022	May 6, 2022before the open	$7.90B	–	$7.17	–	Release
Q4 FY2021ended Dec 31, 2021	Feb 24, 2022before the open	$7.05B	–	–	–	Release
Q3 FY2021ended Sep 30, 2021	Nov 4, 2021before the open	$6.61B	–	$6.60	–	Release
Q2 FY2021ended Jun 30, 2021	Aug 5, 2021before the open	–	–	–	–	Filing
Q1 FY2021ended Mar 31, 2021	May 6, 2021before the open	–	–	–	–	Filing
Q4 FY2020ended Dec 31, 2020	Mar 1, 2021before the open	–	–	–	–	Filing
Q3 FY2020ended Sep 30, 2020	Nov 5, 2020before the open	–	–	–	–	Filing
Q2 FY2020ended Jun 30, 2020	Jul 30, 2020during market hours	–	–	–	–	Filing

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

NRG Energy's latest outlook for periods it has not reported yet, compared with what it said before

Metric	Period	Guidance	Before	Change	Given
Adjusted EBITDAnon-GAAP	FY2026	$5.33B – $5.83B	$5.33B – $5.83B	Reaffirmed	Aug 4, 2026
Adjusted EPSnon-GAAP	FY2026	$7.90 – $9.90	$7.90 – $9.90	Reaffirmed	Aug 4, 2026
FCFbGnon-GAAP	FY2026	$2.80B – $3.30B	$2.80B – $3.30B	Reaffirmed	Aug 4, 2026
Environmental capital expenditures	FY2026	$10.00M – $20.00M	–	Lowered	Aug 4, 2026
Adjusted cash provided by operating activitiesnon-GAAP	FY2026	$3.11B – $3.59B	–	Raised	Aug 4, 2026
Adjusted Net Incomenon-GAAP	FY2026	$1.69B – $2.12B	$1.69B – $2.12B	Reaffirmed	Aug 4, 2026
Cash provided by operating activitiesGAAP	FY2026	$3.00B – $3.48B	–	Raised	Aug 4, 2026
common stock dividendsnon-GAAP	FY2026	$400.00M	–	Lowered	Feb 24, 2026
Depreciation and amortization	FY2026	$1.96B	–	Raised	Aug 4, 2026
Income tax expenseGAAP	FY2026	$490.00M – $560.00M	–	Lowered	Aug 4, 2026
Interest expense, net	FY2026	$1.20B	–	New	Aug 4, 2026
Net IncomeGAAP	FY2026	$1.33B – $1.76B	–	New	Aug 4, 2026
share repurchasesnon-GAAP	FY2026	$1.00B	–	New	Feb 24, 2026

Guidance history

Every forecast NRG Energy put in an earnings release, newest first

Given	Metric	Period	Guidance	Change
Aug 4, 2026	Environmental capital expenditures	FY2026	$10.00M – $20.00M	Lowered
Aug 4, 2026	Maintenance capital expenditures	FY2026	$450.00M – $480.00M	New
Aug 4, 2026	Adjusted EBITDA	FY2026	$5.33B – $5.83B	Reaffirmed
Aug 4, 2026	Adjusted EPS	FY2026	$7.90 – $9.90	Reaffirmed
Aug 4, 2026	FCFbG	FY2026	$2.80B – $3.30B	Reaffirmed
Aug 4, 2026	Depreciation and amortization	FY2026	$1.96B	Raised
Aug 4, 2026	Interest expense, net	FY2026	$1.20B	New
Aug 4, 2026	Adjusted Net Income	FY2026	$1.69B – $2.12B	Reaffirmed
Aug 4, 2026	Adjusted cash provided by operating activities	FY2026	$3.11B – $3.59B	Raised
Aug 4, 2026	Cash provided by operating activities	FY2026	$3.00B – $3.48B	Raised
Aug 4, 2026	Income tax expense	FY2026	$490.00M – $560.00M	Lowered
Aug 4, 2026	Net Income	FY2026	$1.33B – $1.76B	New
May 6, 2026	Adjusted EBITDA	FY2026	$5.33B – $5.83B	New
May 6, 2026	Adjusted EPS	FY2026	$7.90 – $9.90	New
May 6, 2026	FCFbG	FY2026	$2.80B – $3.30B	New
May 6, 2026	Adjusted Net Income	FY2026	$1.69B – $2.12B	Raised
Feb 24, 2026	share repurchases	FY2026	$1.00B	New
Feb 24, 2026	common stock dividends	FY2026	$400.00M	Lowered
Nov 6, 2025	Adjusted EBITDA	FY2025	$3.88B – $4.03B	Raised
Nov 6, 2025	Adjusted EPS	FY2025	$7.55 – $8.15	Raised
Nov 6, 2025	FCFbG	FY2025	$2.10B – $2.25B	Raised
Nov 6, 2025	Adjusted Net Income	FY2025	$1.47B – $1.59B	Raised
Aug 6, 2025	Adjusted EBITDA	FY2025	$3.73B – $3.98B	New
Aug 6, 2025	Adjusted EPS	FY2025	$6.75 – $7.75	New
Aug 6, 2025	FCFbG	FY2025	$1.98B – $2.23B	New
Aug 6, 2025	Adjusted Net Income	FY2025	$1.33B – $1.53B	New
Feb 26, 2025	Adjusted EBITDA	FY2025	$3.73B – $3.98B	New
Feb 26, 2025	Adjusted EPS	FY2025	$6.75 – $7.75	New
Feb 26, 2025	FCFbG	FY2025	$1.98B – $2.23B	New
Feb 26, 2025	Adjusted Net Income	FY2025	$1.33B – $1.53B	New
Nov 8, 2024	Adjusted EBITDA	FY2024	$3.66B – $3.81B	Raised
Nov 8, 2024	Adjusted EPS	FY2024	$5.95 – $6.75	New
Nov 8, 2024	FCFbG	FY2024	$1.98B – $2.13B	Raised
Nov 8, 2024	Adjusted Net Income	FY2024	$1.24B – $1.39B	New
Aug 8, 2024	Adjusted EBITDA	FY2024	$3.30B – $3.55B	Reaffirmed
Aug 8, 2024	FCFbG	FY2024	$1.83B – $2.08B	Reaffirmed
Aug 8, 2024	Cash Provided by Operating Activities	FY2024	$1.83B – $2.08B	Reaffirmed
May 7, 2024	Adjusted EBITDA	FY2024	$3.30B – $3.55B	Reaffirmed
May 7, 2024	FCFbG	FY2024	$1.83B – $2.08B	Reaffirmed
May 7, 2024	Cash Provided by Operating Activities	FY2024	$1.83B – $2.08B	New
Feb 28, 2024	Adjusted EBITDA	FY2024	$3.30B – $3.55B	Reaffirmed
Feb 28, 2024	Free Cash Flow before Growth	FY2024	$1.83B – $2.08B	Reaffirmed
Nov 2, 2023	Adjusted EBITDA	FY2023	$3.15B – $3.30B	Raised
Nov 2, 2023	Adjusted EBITDA	FY2024	$3.30B – $3.55B	New
Nov 2, 2023	FCFbG	FY2024	$1.83B – $2.08B	New
Nov 2, 2023	FCFbG	FY2023	$1.73B – $1.88B	Raised
Nov 2, 2023	Cash Provided by Operating Activities	FY2023	$1.75B – $1.90B	New
Nov 2, 2023	Cash Provided by Operating Activities	FY2024	$1.83B – $2.08B	New
Aug 8, 2023	Adjusted EBITDA	FY2023	$3.01B – $3.25B	Reaffirmed
Aug 8, 2023	FCFbG	FY2023	$1.62B – $1.86B	Reaffirmed
Aug 8, 2023	Cash Provided by Operating Activities	FY2023	$1.61B – $1.85B	Reaffirmed
May 4, 2023	Adjusted EBITDA	FY2023	$3.01B – $3.25B	Raised
May 4, 2023	FCFbG	FY2023	$1.62B – $1.86B	Raised
May 4, 2023	Cash provided by Operating Activities	FY2023	$1.61B – $1.85B	Lowered
Feb 16, 2023	Adjusted EBITDA a	FY2023	$2.27B – $2.47B	Reaffirmed
Feb 16, 2023	FCFbG	FY2023	$1.52B – $1.72B	Reaffirmed
Feb 16, 2023	Cash Provided by Operating Activities	FY2023	$1.78B – $1.98B	Lowered
Nov 7, 2022	Adjusted EBITDA	FY2023	$2.27B – $2.47B	New
Nov 7, 2022	Adjusted EBITDA	FY2022	$1.95B – $2.05B	Lowered
Nov 7, 2022	FCFbG	FY2023	$1.52B – $1.72B	New
Nov 7, 2022	FCFbG	FY2022	$950.00M – $1.05B	Lowered
Nov 7, 2022	Cash provided by Operating Activities	FY2023	$1.93B – $2.13B	New
Nov 7, 2022	Cash provided by Operating Activities	FY2022	$1.23B – $1.33B	New
Aug 4, 2022	Adjusted EBITDA	FY2022	$1.95B – $2.25B	Reaffirmed
Aug 4, 2022	FCFbG	FY2022	$1.14B – $1.44B	Reaffirmed
Aug 4, 2022	Adjusted Cash Flow from Operations	FY2022	$1.47B – $1.77B	Raised
May 6, 2022	Adjusted EBITDA	FY2022	$1.95B – $2.25B	Reaffirmed
May 6, 2022	FCFbG	FY2022	$1.14B – $1.44B	Reaffirmed
May 6, 2022	Adjusted Cash Flow from Operations	FY2022	$1.38B – $1.68B	Reaffirmed
Feb 24, 2022	Adjusted EBITDA	FY2022	$1.95B – $2.25B	Reaffirmed
Feb 24, 2022	FCFbG	FY2022	$1.14B – $1.44B	Reaffirmed
Feb 24, 2022	Adjusted Cash From Operations	FY2022	$1.38B – $1.68B	Reaffirmed
Nov 4, 2021	Adjusted EBITDA	FY2021	$2.40B – $2.50B	New
Nov 4, 2021	Adjusted EBITDA	FY2022	$1.95B – $2.25B	New
Nov 4, 2021	FCFbG	FY2022	$1.14B – $1.44B	New
Nov 4, 2021	FCFbG	FY2021	$1.44B – $1.54B	New
Nov 4, 2021	Adjusted Cash Flow from Operations	FY2022	$1.38B – $1.68B	New
Nov 4, 2021	Adjusted Cash Flow from Operations	FY2021	$1.64B – $1.74B	New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.