Nrg Energy revenue and financials
$103.60Change from previous close: +7.02%Absolute change: +$6.80
In the fiscal year ended December 2025, Nrg Energy reported revenue of $30.71B (+9.18% year over year). Net income was $864M, a net margin of 2.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.18%
- 2025 vs 2024
- Net income growth
- −23.20%
- 2025 vs 2024
- Net margin
- 2.8%
- 2024: 4.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,117 | -169 | 123 | 484 | 451 | 855 | 952 | 31.0 | 1,056 | 267 | 241 | 566 |
| Depreciation and amortization | 325 | 277 | 229 | 223 | 226 | — | — | — | — | — | — | — |
| Capital expenditure | -338 | -317 | -298 | -254 | -358 | -237 | -186 | -114 | -81.0 | -91.0 | -105 | -169 |
| Investing cash flow | -637 | -7,072 | -298 | -258 | -948 | -134 | -187 | 364 | -109 | -92.0 | 1,721 | -129 |
| Financing cash flow | -512 | 2,652 | 4,086 | 215 | -297 | -458 | -714 | -350 | -403 | -288 | -1,990 | -572 |
| Dividends paid | -100 | -135 | -85.0 | -119 | -86.0 | -121 | -83.0 | -118 | — | -118 | — | -121 |
| Share repurchases | -470 | -560 | -359 | -364 | -326 | -354 | -624 | -236 | -102 | -23.0 | -1,103 | -53.0 |
| Debt issued | 7,420 | 4,907 | 5,301 | 2,085 | 865 | — | 2,325 | 425 | 975 | 525 | -300 | 950 |
| Debt repaid | -7,308 | -1,537 | -756 | -1,084 | -735 | -5.0 | -2,295 | -429 | -959 | -622 | -508 | -1,355 |
| Effect of exchange rates | 0.0 | 2.0 | 2.0 | 1.0 | -1.0 | 2.0 | -4.0 | 1.0 | 2.0 | -2.0 | 2.0 | -3.0 |
| Net change in cash | -32.0 | -4,587 | 3,913 | 442 | -795 | 265 | 47.0 | 46.0 | 546 | -115 | -26.0 | -138 |
| Free cash flow | 779 | -486 | -175 | 230 | 93.0 | 618 | 766 | -83.0 | 975 | 176 | 136 | 397 |
| Levered free cash flow | 830 | -572 | 259 | 203 | 487 | 87.3 | 1,005 | 482 | 595 | 212 | 639 | 622 |