NRG Energy, Inc. (NRG) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
NRG Energy is one of the largest retail energy providers in the US, with 6 million customers. Vivint Smart Home, which NRG acquired in 2023, has 2 million home-services customers. NRG also is one o...
NRG Energy, Inc.'s revenue increased 9.2% year over year, from $28.13B to $30.71B.
Net income decreased 24.7% over the same period, from $1.06B to $797.0M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 1549% in total.
Total debt increased by 52.1% to $16.44B.
The debt-to-equity ratio stands at 9.78, indicating a high leverage profile.
Operating cash flow declined 17.0% to $1.91B.
NRG Energy, Inc. maintains a moderate net profit margin of 2.6%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $7.22B+8.5% | $-784.0M | $-1.02B | $-812.0M | $31.0M | $23.72B | $10.68B | $2.52B |
| Q4 FY2024 | $6.82B-5.6% | $627.0M | $955.0M | $954.0M | $952.0M | $24.02B | $10.81B | $2.48B |
| Q1 FY2025 | $8.59B+25.9% | $733.0M | $1.14B | $1.13B | $855.0M | $24.99B | $10.81B | $2.78B |
| Q2 FY2025 | $6.74B-21.5% | $-121.0M | $0 | $0 | $451.0M | $24.09B | $10.94B | $2.29B |
| Q3 FY2025 | $7.63B+13.3% | $135.0M | $414.0M | $414.0M | $484.0M | $23.97B | $11.93B | $1.97B |
| Q4 FY2025 | $7.75B+1.5% | $50.0M | $315.0M | $297.0M | $123.0M | $29.14B | $16.44B | $1.68B |
| Q1 FY2026 | $10.26B+32.3% | $108.0M | $328.0M | $328.0M | $-169.0M | $40.05B | $23.36B | $4.87B |
| Q2 FY2026 | $7.48B-27.1% | $489.0M | $939.0M | $976.0M | $1.12B | $39.94B | $23.47B | $4.86B |
Balance Sheet Summary (Q2 FY2026)
NRG Energy, Inc. (NRG) Financial Statements & Revenue History
NRG Energy, Inc. (NRG) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry trading at $103.75 with a market capitalization of $22. This page provides 42 historical financial statements for NRG Energy, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, NRG Energy, Inc. reported revenue of $30.7 billion, representing 9.2% year-over-year growth. The net profit margin of 2.6% suggests thin margins. The debt-to-equity ratio of 9.78 signals high leverage.
NRG Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows NRG Energy, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether NRG is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track NRG's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently NRG Energy, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of NRG's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use NRG Financial Data
Investors use NRG Energy, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare NRG's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how NRG's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View NRG's financial health score, earnings, and pre-market pricing.
Financial data is sourced from NRG Energy, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.NRG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.