NRG Energy, Inc., together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through the Texas, East, West/Other, Vivint Smart Home, and Corporate Activities segments. The company offers retail electricity, energy management, demand response and virtual power plant programs, carbon offsets, smart home security, and automation services. It also offers system power, distributed and backup generation, energy storage, energy management, renewable and low-carbon products, and carbon management solutions for large business and commercial customers; a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions; and generation portfolio includes fossil fuel and renewable generation assets diversified by fuel type and dispatch level, with ongoing development of new natural gas and renewable projects. In addition, the company trades in power, natural gas, and related products; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. It offers its products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint. It serves residential, commercial, government, industrial, data center, and wholesale customers. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas.

NRG Energy (NRG) Stock Price & Market Analysis
NRG · NYSE · Utilities - Independent Power Producers
$96.06
▼ -$1.48(-1.52%)4:00 PM ET - vs previous closeQuote as of Oct 30, 2026, 4:00 PM EDT
Regular-session close · Oct 30, 2026, 4:00 PM EDT.
Long-term rangesAvailable historyHide
Historical range: 2003-12-02–2026-10-30. Earlier trading may not be included.
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FundamentalsLast checked
AnalystLast checked
NewsLatest item
Reported fundamentals
NRG financial overview
Annual revenue
USD 30.35B
Sales for the fiscal year ended Dec 31, 2025. This is not trailing twelve-month revenue.
Revenue change
+9.4%
Change versus the fiscal year ended Dec 31, 2024.
Net profit margin
2.8%
Net income divided by revenue for the fiscal year ended Dec 31, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout NRG Energy (NRG)Sector, leadership, and how NRG Energy earns its revenue.Utilities
NRG Energy
NYSE · NRG · US
Company overview as of Nov 2, 2026.
- Sector
- Utilities
- Industry
- Utilities - Independent Power Producers
- Headquarters
- Houston, TX, United States
- Country
- US
- Founded
- 1989
- Employees
- 16,702
- CEO
- Mr. Robert J. Gaudette
- Exchange
- NYSE
Business model & operating resultsExplore business exposure, reported operating measures and the figures behind growth and profitability claims.
Narrative versus numbers
Demand is expanding
Supporting observation: 9.7%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-06-30
Growth produces accounting profit
Supporting observation: 2.6%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-11-02T02:13:21.203Z
The business generates cash after investment
Supporting observation: USD 779M
Latest free cash flow from the statement feed. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-06-30
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $7.32Bquarter ended Jun 30, 2026
- Operating margin
- 13.3%quarter ended Jun 30, 2026
- EPS
- $2.31quarter ended Jun 30, 2026
- Capital expenditure
- $338.00Mquarter ended Jun 30, 2026
- Free cash flow
- $779.00Mquarter ended Jun 30, 2026
- Free cash flow margin
- 10.6%quarter ended Jun 30, 2026
- Operating cash / net income
- 2.21×quarter ended Jun 30, 2026
- Revenue growth year over year
- 9.7%quarter ended Jun 30, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
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