FY2025 · ended Dec 31, 2025 · Revenue $30.35B, +9.4% YoY · Filed Feb 24, 2026
NRG Energy, Inc (NRG) files with the SEC under industry code 4911, Electric Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $30.3 billion and net income of $864.0 million. Free cash flow was $766.0 million. As of Jun 30, 2026 it held $196.0 million in cash and investments and $23.6 billion in total debt.
Revenue (TTM)
$32.64B
+12.4% vs year-ago TTM
Net income (TTM)
$849.00M
+62.6% vs year-ago TTM
Operating cash flow (TTM)
$1.55B
-32.1% vs year-ago TTM
Free cash flow (TTM)
$348.00M
-75.0% vs year-ago TTM
EPS (TTM)
$3.86
+75.3% vs year-ago TTM
Dividend per share
$1.76
+8.0% vs prior year
Shares outstanding
214.68M
+8.4% vs prior year
Net cash
$-23.45B
as of Jun 30, 2026
Operating margin
6.2%
FY 2026
Company profile
- Industry
- Electric Services (SIC 4911)
- Listed as
- NRG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1013871
- Former names
- NRG ENERGY, INC. (until Nov 5, 2026); NRG ENERGY INC (until Nov 9, 2004)
Other Electric Services companies
- Nextera Energy Inc NEE
- Southern Co SO
- Constellation Energy Corp CEG
- American Electric Power Co Inc AEP
- Dominion Energy, Inc D
- Entergy Corp /DE/ ETR
- Vistra Corp. VST
- Fortis Inc. FTS
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $30.3B | $27.7B | $28.3B | $31.5B | $26.8B |
| Operating income | $1.8B | $2.4B | $384.0M | $2.0B | $3.3B |
| Net income | $864.0M | $1.1B | -$202.0M | $1.2B | $2.2B |
| Diluted EPS | $4.01 | $4.99 | -$1.12 | $5.17 | $8.93 |
| Operating cash flow | $1.9B | $2.3B | -$221.0M | $360.0M | $493.0M |
| Free cash flow | $766.0M | $1.8B | -$819.0M | -$7.0M | $224.0M |
| Total assets | $29.1B | $24.0B | $26.0B | $29.1B | $23.2B |
| Total liabilities | $27.5B | $21.5B | $23.1B | $25.3B | $19.6B |
| Stockholders' equity | $1.7B | $2.5B | $2.9B | $3.8B | $3.6B |
| Cash and investments | $4.7B | $994.0M | $562.0M | $449.0M | $282.0M |
| Total debt | $16.8B | $11.1B | $11.2B | $8.4B | $8.4B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 4, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 4, 2026 | Aug 4, 2026 |
| 8-K |
Current report
Other events
|
Jul 15, 2026 | Jul 14, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
May 21, 2026 | May 21, 2026 |
| 10-Q | Quarterly report | May 6, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 6, 2026 | May 6, 2026 |
All 1001 NRG Energy, Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.