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NRG Energy NRG Total operating revenue — Revenue

Other product segments

Retail revenue
$9.5B+15.6%
Energy revenue
$475M+93.9%
Capacity revenue
$239M+409%
Other revenue
$78M-19.6%

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Other financials

Income statement

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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

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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

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Operating cash flow-$169.0M-120%
CapEx$317.0M+46.1%
Free cash flow-$486.0M-176%

Valuation

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Market cap$31.51B+4.9%
Enterprise value$58.15B+37.7%
P/E131.9×+74.3×
P/S0.0×

Profitability

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Gross margin16.4%-5.0pp
Operating margin3.2%-6.0pp
Net margin0.7%-3.9pp
FCF margin5.7%

Returns & leverage

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Return on equity6.2%-38.7pp
Debt / equity5.5×+1.1×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by NRG Energy in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: NRG Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NRG Energy's total operating revenue — revenue?
NRG Energy (NRG) reported total operating revenue — revenue of $10.26B in Q1 2026.
How has NRG Energy's total operating revenue — revenue changed year-over-year?
NRG Energy's total operating revenue — revenue increased by 19.5% year-over-year, from $8.59B to $10.26B.
What is the long-term trend for NRG Energy's total operating revenue — revenue?
Over 4 years (2021 to 2025), NRG Energy's total operating revenue — revenue has grown at a 3.3% compound annual growth rate (CAGR), from $26.99B to $30.71B.
What does total operating revenue — revenue mean?
This metric represents the total gross income generated by the company's core business operations, including electricity sales, retail energy services, and home automation offerings. It reflects the aggregate value of goods and services delivered to customers before the deduction of operating expenses, cost of goods sold, or taxes. This figure serves as a primary indicator of the company's market scale and its ability to generate top-line demand across its integrated power generation and retail service segments.