What is NRG Energy's market cap?

NRG Energy (NRG) has a market capitalization of $29.0B and trades on NYSE.

What is NRG Energy's revenue and profitability?

NRG Energy generated $32.4B in trailing twelve-month revenue with net income of $239.0M, representing a net margin of 0.7%. Gross margin stands at 16.4%, with free cash flow of $455.0M. These figures are based on the Q1 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.

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

$29.01B-6.3%

Revenue$32.4B+10.6%

Net income$239.0M-82.5%

Free cash flow$455.0M-76.3%

EPS (diluted)$0.88-85.7%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 6, 2026

Revenue$10.3BBeat by $1.9B EPS$1.48Miss by $0.30

Read the full report

Next report

Aug 4, 2026 (In 3 weeks)

Revenue estimate$7.5B

EPS estimate$1.76

Financials

Q1 2026

Income statement

See full

Revenue$10.3B+19.5%

Gross profit$1.4B-30.9%

Operating income$328.0M-71.1%

Net income$125.0M-83.3%

EPS (diluted)$0.52-85.6%

Balance sheet

See full

Cash & equivalents$178.0M-74.3%

Total debt$26.8B+122%

Total equity$4.9B+75.5%

Total assets$40.1B+60.3%

Cash flow

See full

Operating cash flow-$169.0M-120%

CapEx$317.0M+46.1%

Free cash flow-$486.0M-176%

Valuation & ratios

Valuation

See full

Market cap$29.01B-6.3%

Enterprise value$55.65B+29.0%

P/E121.4×+62.0×

P/S0.9×-0.2×

Profitability

See full

Gross margin16.4%-5.0pp

Operating margin3.2%-6.0pp

Net margin0.7%-3.9pp

Returns & leverage

See full

Return on equity6.2%-38.7pp

Debt / equity5.5×+1.1×

Current ratio0.8×-0.2×

Segments

By product

See full

Total operating revenue$10.3B+19.5%

Retail revenue$9.5B+15.6%

Energy revenue$475.0M+93.9%

Capacity revenue$239.0M+409%

Other revenue$78.0M-19.6%

By segment

See full

East Segment$6.4B+40.5%

Texas Segment$2.4B-1.7%

West/Other$865.0M—

Competitors

By market cap

Alphabet Inc.$4.38T+99.8%

Amazon$2.62T+10.5%

Constellation Energy$87.3B-10.7%

Entergy$53.4B+45.9%

Vistra$52.2B-20.0%

NRG Energy$29.0B-6.3%

EVR

Evergy$19.8B+22.6%

ADT$4.9B-30.4%

By revenue growth

Constellation Energy+53.3%

NRG Energy+10.6%

By net margin

Alphabet Inc.37.92%+7.1pp

Constellation Energy10.85%+11.3pp

Amazon10.65%+0.5pp

NRG Energy0.738%-3.9pp

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

CountryUnited States of America

Listed1993

Employees18.1K

CEOLawrence Stephen Coben

SectorUtilities

IndustryIndependent Power Producers

Websitenrg.com

FilingsSEC EDGAR

Ask your AI about NRG Energy.

Connect your AI assistant and dig into the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is NRG Energy's market cap?: NRG Energy (NRG) has a market capitalization of $29.0B and trades on NYSE.
What is NRG Energy's revenue and profitability?: NRG Energy generated $32.4B in trailing twelve-month revenue with net income of $239.0M, representing a net margin of 0.7%. Gross margin stands at 16.4%, with free cash flow of $455.0M. These figures are based on the Q1 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.