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NRG Energy

NRG

NRG Energy is a leading integrated energy and smart-home technology provider that serves millions of residential, commercial, and industrial customers across North America.

Market cap
$24.41B-14.8%
Revenue$33.1B+12.8%
Net income$849.0M+62.6%
EPS (diluted)$3.81+75.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 5, 2026 (in 2 months)
Revenue estimate$9.3B
EPS estimate$3.16

Financials

Q2 2026

Income statement

See full
Revenue$7.5B+11.0%
Net income$506.0M+587%
EPS (diluted)$2.31+473%

Valuation & ratios

Valuation

See full
Market cap$24.41B-14.8%
Enterprise value$51.05B
P/E28.8×-26.1×
P/S0.7×-0.2×

Profitability

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Net margin2.6%+0.8pp

Competitors

Profile

NRG Energy is a leading integrated energy and smart-home technology provider that serves millions of residential, commercial, and industrial customers across North America. The company operates a differentiated business model that combines competitive power generation and natural gas supply with retail energy brands and home automation services. Its core value proposition centers on delivering reliable, affordable energy solutions while deepening customer engagement through an integrated smart-home platform.

Competitive position

NRG is one of the largest competitive energy retailers in the U.S. and holds the leading share of residential electric customers in the Texas market.

GeographiesUnited States, Canada
Customer segmentsResidential, Commercial and Industrial, Data Centers, Wholesale Counterparties
Business modelIntegrated Utility, Direct-to-Consumer Retail, Subscription-based Monitoring, Wholesale Energy Trading
SuppliersNatural Gas Producers, Coal Suppliers (Powder River Basin), Rail Transportation Providers, Equipment Manufacturers, EPC (Engineering, Procurement, and Construction) Companies
CustomersResidential Homeowners, Data Center Operators, Industrial Manufacturers, Municipalities, Wholesale Power Marketers
Listed1993
Employees18.1K
CEORobert J. Gaudette
SectorUtilities
Websitenrg.com
FilingsSEC EDGAR

FAQ

What is NRG Energy's market cap?
NRG Energy (NRG) has a market capitalization of $24.4B and trades on NYSE.
What is NRG Energy's revenue and profitability?
NRG Energy generated $33.1B in trailing twelve-month revenue with net income of $849.0M, representing a net margin of 2.6%. Gross margin stands at 16.4%. These figures are based on the Q2 2026 filing.
Who are NRG Energy's competitors?
NRG Energy's key competitors include Vistra Corp., Constellation Energy, ADT Inc., and others. These companies compete in similar markets and product categories.
Who does NRG Energy partner with?
NRG Energy's notable partners include CPower.
What subsidiaries does NRG Energy have?
NRG Energy's subsidiaries include Reliant, Direct Energy, Green Mountain Energy, and others.
Where is NRG Energy headquartered?
NRG Energy is headquartered in United States of America and employs approximately 18,131 people. It has been publicly traded since 1993.