NRG Energy, Inc.

NRG Utilities Utilities Independent Power Producers

NRG Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $30.7 billion, up 9.18% from fiscal 2024.

Revenue
+11.0%
EPS
+474.2%
Free cash flow
+8,715.1%
Total debt
+112.5%

Quarter to June 2026, against a year earlier

89.12 8.57 +10.64%
Market cap
$16.9B
P/E
23.5×
Fwd P/E
11.9×
Dividend yield
2.13%
F-score
6/9
Altman Z
2.25
Beneish M
−2.52
Dividend safety
72/100

NRG Energy, Inc. 10-Q filed Nov 6, 2025

Fiscal Q3 2025 · Period ended Sep 30, 2025 · Filed · accepted 3:06 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 6, 2025: 20 added · 12 removed · 68 modified; 40 with only figures updated

  1. Modified · Introduction and Overview

    NRG Energy, Inc., or NRG or the Company, is a leading energy and smart home company powering a brighter, smarter future. The Company deliversprovides gas, electricity, and smart home solutions to approximately 8 million residential customers (comprised of 6 million retail energy customers and 2 million smart home customers) in addition to large commercial and industrial, hyperscaler, and wholesale customers. Across the U.S. and Canada, NRG is redefining customer’s experience with energy under brand names such as NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. As of JuneSeptember 30, 2025, the Company’s core power and natural gas business consists of approximately 12 GW of competitive power generation, primarily in Texas, and a natural gas portfolio that serves approximately 1,800 MMDth annually.