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Saturday 17 October 2026 Export NRG’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 11.0%, EPS grew 474.2%, free cash flow grew 8,715.1% and total debt rose 112.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

103.75 0.89 +0.87%
Market cap
$21.6B
P/E
27.3×
Fwd P/E
14.9×
Dividend yield
1.80%
F-score
6/9
Altman Z
2.25
Beneish M
−2.52
Dividend safety
72/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

NRG Energy, Inc. (NRG) Free cash flow

Alert me on Free cash flow

NRG Energy, Inc.'s free cash flow for fiscal 2025 was $772.0M, down 66.7% from $2.3B in fiscal 2024. Over the twelve months to 30 June 2026 it was $366.0M. Over the past ten years it has ranged from $96.0M (fiscal 2022) to $2.6B (fiscal 2018); the current reading is higher than 27% of that period. NRG Energy, Inc. ranks 3rd of 8 Utilities Independent Power Producers companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $772.0M (66.68%)
FY2024 $2.3B 95.03%
FY2023 $1.2B 1,137.50%
FY2022 $96.0M (90.89%)
FY2021 $1.1B (37.19%)
FY2020 $1.7B (32.61%)
FY2019 $2.5B (3.19%)
FY2018 $2.6B 38.88%
FY2017 $1.9B 15.39%
FY2016 $1.6B 313.66%

Quarterly newest first

Period Free cash flow Change
Jun 2026 $7.6B —
Mar 2026 −$7.2B —
Dec 2025 −$175.0M —
Sep 2025 $230.0M 167.44%
42 more quarters

Against its own ten years

Low $96.0M High $2.6B
Ten-year median $1.6B
Current reading's percentile 27

Free cash flow against peers

Company Free cash flow
VST Vistra Corp. compare $2.4B
TLN Talen Energy Corporation compare $444.0M
NRG NRG Energy, Inc. $366.0M
CEG Constellation Energy Corporation compare $309.0M
HNRG Hallador Energy Company compare −$47.3M
DGXX Digi Power X Inc. compare −$129.6M
KEN Kenon Holdings Ltd. compare −$252.6M
OKLO Oklo Inc. compare −$275.8M

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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