NRG Energy reported second-quarter 2026 results, with GAAP net income of $506 million, up from a loss of $104 million a year earlier, on revenue of $7,481 million, up from $6,740 million. Adjusted EPS fell to $1.49 from $1.73, and the company reaffirmed its 2026 guidance, including Adjusted EPS of $7.90 to $9.90. For shareholders, the GAAP improvement was helped by non-cash hedge gains and the LS Power asset acquisition, while adjusted measures and Texas segment earnings declined.
GAAP net income was $506 million, or $2.32 basic EPS, versus a loss of $104 million, or $(0.62) per share, in Q2 2025.
Adjusted EPS was $1.49 versus $1.73 a year earlier; Adjusted Net Income was $315 million versus $339 million.
2026 guidance reaffirmed: Adjusted EBITDA $5,325 million to $5,825 million and FCFbG $2,800 million to $3,300 million.
Texas segment Adjusted EBITDA fell to $381 million from $512 million, while East rose to $469 million from $99 million.
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From NRG Energy's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$30.35B
+9.4%
$4.01
-19.6%
2.8%
FY2024
$27.75B
-1.8%
$4.99
—
4.1%
FY2023
$28.26B
-10.3%
$-1.12
-121.7%
-0.7%
FY2022
$31.49B
+17.6%
$5.17
-42.1%
3.9%
FY2021
$26.78B
+208.1%
$8.93
+331.4%
8.2%
Frequently asked questions
When is NRG Energy's next earnings date?
NRG Energy (NRG) is scheduled to report on Monday, November 09, 2026 before the market opens. Analysts expect EPS of $3.44.
What did NRG Energy earn last quarter?
For the quarter ended Jun 2026, NRG Energy reported diluted EPS of $2.31 on revenue of $7.32B (+9.7%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.