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NRG Energy NRG Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Net Income (Loss) Attributable to Parent by Business
East Segment$243M-65.8%$710M-39.2%$1.17B+3.0%$1.13B-41.2%$1.93B+6.9%
Texas Segment$804M-27.7%$1.11B-13.1%$1.28B+2,130%-$63M-112%$522M-2.2%
Other income, net by Business
East Segment$0-100%$4M0.0%$4M+33.3%$3M0.0%$3M+400%
Texas Segment-$1M0.0%-$1M$0+100%-$1M$0
Vivint Smart Home-$15M+25.0%-$20M-81.8%-$11M+42.1%-$19M+29.6%-$27M-80.0%
Revenue from contracts with customers by Business
East Segment$16.12B+13.0%$14.26B+6.4%$13.41B+3.3%$12.98B+1.6%$12.77B+9.1%
Texas Segment$11.1B-0.4%$11.14B+1.1%$11.02B+0.7%$10.94B+0.8%$10.86B+1.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business
East Segment$243M-65.8%$710M-39.2%$1.17B+3.0%$1.13B-41.2%$1.93B+6.9%
Texas Segment$804M-27.7%$1.11B-13.1%$1.28B+2,130%-$63M-112%$522M-2.2%
Total Assets by Business
East Segment$52.19B+38.3%$37.74B+4.8%$36.02B
Texas Segment$42.87B+22.5%$34.99B+7.2%$32.63B
Vivint Smart Home$26.98B+1.2%$26.66B-0.2%$26.72B
Operating Income (Loss) by Business
East Segment$243M-65.6%$706M-39.3%$1.16B+2.9%$1.13B-41.3%$1.93B+6.6%
Texas Segment$805M-27.7%$1.11B-13.0%$1.28B+2,163%-$62M-112%$522M-2.2%
Vivint Smart Home$68M+30.8%$52M+333%$12M$0-100%$143M+15.3%
Less: Revenues accounted for under topics other than ASC 606 and ASC 815 by Business
East Segment$47M+23.7%$38M-35.6%$59M-18.1%$72M-14.3%$84M+47.4%
Texas Segment$0$0$0$0$0
Vivint Smart Home$167M+14.4%$146M+80.2%$81M0.0%$81M0.0%$81M+47.3%
Costs and Expenses by Business
East Segment$15.88B+17.1%$13.56B+10.7%$12.25B+3.4%$11.85B+9.2%$10.85B+9.5%
Texas Segment$10.27B+2.7%$10.01B+2.8%$9.74B-11.5%$11B+6.5%$10.33B+2.2%
Income tax (benefit)/expense by Business
East Segment$0$0$0$0$0
Texas Segment$0$0$0$0$0
Interest Expense, Nonoperating by Business
East Segment$0$0$0$0$0
Texas Segment$0$0$0$0$0
Vivint Smart Home$0$0$0$0$0
West/Other$0$0$0$0$0
Operating expenses by Business
East Segment$15.66B+16.8%$13.41B+10.9%$12.09B+3.4%$11.7B+9.4%$10.69B+9.7%
Texas Segment$9.88B+2.5%$9.63B+2.8%$9.38B-12.0%$10.65B+6.5%$10B+2.2%
Vivint Smart Home$1.33B+2.9%$1.3B+0.8%$1.29B+0.9%$1.27B+15.7%$1.1B+1.4%
D&A by Business
East Segment$213M+43.9%$148M-2.0%$151M-1.3%$153M-1.9%$156M-1.3%
Texas Segment$399M+6.7%$374M+5.6%$354M+4.1%$340M+4.9%$324M+0.3%
Vivint Smart Home$828M+1.7%$814M+0.9%$807M+1.1%$798M+0.9%$791M+1.2%
Goodwill by Business
East Segment$5.16B+78.9%$2.88B0.0%$2.88B0.0%$2.88B0.0%$2.88B
Texas Segment$4.16B+61.9%$2.57B0.0%$2.57B0.0%$2.57B0.0%$2.57B
Vivint Smart Home$14.03B+0.2%$14.01B0.0%$14.01B0.0%$14.01B0.0%$14.01B
CapEx by Business
East Segment$40M+135%$17M+70.0%$10M+25.0%$8M+167%$3M0.0%
Texas Segment$1.04B+6.8%$976M+10.0%$887M+15.0%$771M+50.0%$514M+39.3%
Vivint Smart Home$25M+4.2%$24M-35.1%$37M-5.1%$39M+2.6%$38M-7.3%
Foreign currency translation adjustments by Business
East Segment$0$0$0$0
Texas Segment$0$0$0$0
Vivint Smart Home$0$0$0$0
West/Other$2.5M-58.3%$6M+200%$2M+200%-$2M+66.7%-$6M+40.0%
Revenue from contracts with customers by Product
Capacity revenue$472M+68.6%$280M+17.2%$239M+20.1%$199M+9.3%$182M+2.8%
Energy revenue$820M+39.0%$590M-2.0%$602M+3.4%$582M-1.9%$593M+18.6%
Other revenue$275M-6.5%$294M-9.3%$324M-3.3%$335M-6.2%$357M+6.3%
Derivative revenue by Product
Capacity revenue$73M+15.9%$63M-4.5%$66M-1.5%$67M-4.3%$70M-7.9%
Energy revenue$41M-24.1%$54M-5.3%$57M-6.6%$61M-29.1%$86M-33.8%
Other revenue, derivative$32M-11.1%$36M+5.9%$34M+13.3%$30M+15.4%$26M0.0%
Retail revenue$67M+81.1%$37M-2.6%$38M+8.6%$35M-5.4%$37M+2.8%

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Questions, answered.

How does NRG Energy break its business down?
NRG Energy (NRG) reports net income (loss) attributable to parent by business across 4 parts — East Segment, Texas Segment, Vivint Smart Home and West/Other. Each is extracted from the segment footnotes and tracked over time.
Where does NRG Energy's segment data come from?
Segment breakdowns are pulled from the segment footnotes in NRG Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.