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NRG Energy NRG Vivint Smart Home — Income tax (benefit)/expense

Other segment segments

East Segment
$0
Texas Segment
$0
West/Other
$0

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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:IncomeTaxExpenseBenefit.

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 vivint smart home — income tax (benefit)/expense?
NRG Energy (NRG) reported vivint smart home — income tax (benefit)/expense of $0 in Q1 2026.
What does vivint smart home — income tax (benefit)/expense mean?
This represents the portion of the segment's earnings allocated to income tax obligations or the benefit derived from tax credits and deferred tax assets. It reflects the tax impact on the segment's bottom line based on applicable jurisdictional rates.