10q10k10q10k.net
NRG Energy

NRG EnergyNRGEarnings & Financial Report

NYSE · Utilities · Independent Power Producers & Energy Traders

NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. Their portfolio includes natural gas generation, coal generation, oil generation, nuclear generation, wind generation, utility-scale generation, and distributed solar generation.

NextFeb 26, 2026

NRG Q3 2025 Key Financial Metrics

Revenue

$7.5B

Gross Profit

N/A

Operating Profit

$414.0M

Net Profit

$152.0M

Gross Margin

N/A

Operating Margin

5.5%

Net Margin

2.0%

YoY Growth

5.3%

EPS

$0.69

Financial Flow

NRG Energy Q3 2025 Financial Summary

NRG Energy reported revenue of $7.5B for Q3 2025, with a net profit of $152.0M (2.0% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$7.5B
Net Profit$152.0M
Gross MarginN/A
Operating Margin5.5%
Report PeriodQ3 2025

NRG Energy Annual Revenue by Year

NRG Energy annual revenue history includes year-by-year totals (for example, 2024 revenue was $27.7B).

YearAnnual Revenue
2024$27.7B
2023$28.3B
2022$31.5B

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$6.66B$7.38B$6.48B$7.13B$6.76B$8.49B$6.67B$7.50B
YoY Growth-13.0%-1.8%4.2%-9.3%1.5%15.0%3.0%5.3%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$26.04B$25.40B$25.76B$23.72B$24.02B$24.99B$24.09B$23.97B
Liabilities$23.13B$22.10B$22.14B$21.20B$21.54B$22.21B$21.80B$22.00B
Equity$2.91B$3.30B$3.62B$2.52B$2.48B$2.78B$2.29B$1.97B

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$241.0M$267.0M$1.06B$31.0M$952.0M$855.0M$451.0M$484.0M