Stock research

NRG Energy, Inc. (NRG) Stock Research

NRG Energy generates and retails electricity to residential and business customers.

For the fiscal year ended December 31, 2025, NRG Energy, Inc. reported revenue of $30.7B and net income of $864M, with operating cash flow of $1.9B. Source: Form 10-K filed February 24, 2026

SEC data as of

Revenue
$30.7B
FY ending 2025-12-31
Net income
$864M
FY ending 2025-12-31
Diluted EPS
$4.01
Net margin
2.8%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About NRG Energy

Exchange
NYSE: NRG
Sector
Utilities
SEC industry
Electric Services (SIC 4911)
Fiscal year end
December 31

NRG key financials

Reported figures from NRG Energy, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$30.7B2025-01-01 – 2025-12-31SEC filing
Net income$864M2025-01-01 – 2025-12-31SEC filing
Operating cash flow$1.9B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$4.012025-01-01 – 2025-12-31SEC filing
Net margin2.8%2025-01-01 – 2025-12-31SEC filing
Shares outstanding215MAs of 2026-01-31SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in NRG

NRG Energy, Inc. sits in Utilities. Regulated power and water — bond-like income proxies whose relevance is being reshaped by data-center and electrification demand. We have not yet written company-specific drivers for NRG; the forces that matter most for the sector are:

  • ◆Interest rates and dividend-yield competition
  • ◆Data-center and AI electricity demand
  • ◆Rate-case outcomes and regulation
  • ◆The grid buildout and energy transition

Key questions for the NRG thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does NRG's reported profit turn into cash?

Operating cash flow was $1.9B, 2.21 times net income of $864M, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 24, 2026

How much of NRG's revenue is left as profit?

Net income was 2.8% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 24, 2026

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Congressional trading in NRG

PoliticianTrade dateTypeOwnerAmountSource
John Boozman2025-05-20SaleJoint$1,001 - $15,000Filing #7f1f888e-f759-4c18-8fbe-baf8f3488374
John Boozman2025-01-28PurchaseJoint$1,001 - $15,000Filing #5d03af49-5bd7-4212-9587-7bfd13b98185

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

NRG — frequently asked questions

What does NRG Energy, Inc. do?

NRG Energy generates and retails electricity to residential and business customers.

What were NRG's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, NRG Energy, Inc. reported revenue of $30.7B and net income of $864M, with operating cash flow of $1.9B. The figures come from NRG Energy, Inc.'s SEC XBRL filings.

When does NRG Energy, Inc.'s fiscal year end?

The SEC lists NRG Energy, Inc.'s fiscal year end as December 31.

Do members of Congress trade NRG?

The current verified House and Senate snapshot contains 2 transaction rows for NRG, each linked to the original filing.

Is NRG a good investment?

This page does not rate NRG as a buy or sell. It sets out what NRG Energy, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the NRG numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included