Financial Statements — NRG
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.18 | 0.73 | 0.18 | 0.69 | 1.10 | 0.38 | 0.28 | 0.40 | 0.42 | 0.41 | 0.33 | 0.58 | 0.39 | 0.26 | 0.36 | 0.50 |
| Accounts Receivable | 3.78 | 3.33 | 3.42 | 3.51 | 3.26 | 3.40 | 3.33 | 3.76 | 3.27 | 3.52 | 4.06 | 3.86 | 3.29 | 3.10 | 2.82 | 3.04 |
| Inventory | 0.67 | 0.45 | 0.45 | 0.37 | 0.54 | 0.62 | 0.58 | 0.63 | 0.69 | 0.72 | 0.77 | 0.60 | 0.35 | 0.45 | 0.37 | 0.32 |
| Total Current Assets | 9.92 | 8.12 | 8.20 | 9.88 | 8.61 | 9.81 | 9.27 | 9.47 | 10.12 | 10.21 | 18.96 | 21.15 | 16.84 | 14.57 | 8.62 | 6.55 |
| Goodwill | 8.88 | 5.01 | 5.02 | 5.01 | 5.02 | 5.06 | 5.08 | 5.14 | 5.14 | 5.34 | 1.65 | 1.66 | 1.80 | 1.80 | 1.79 | 1.57 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.42 | 2.23 | 2.45 | 2.39 | 2.92 | 2.92 | 3.05 |
| Total Non-current Assets* | 30.13 | 15.85 | 15.89 | 15.12 | 15.11 | 15.96 | 16.13 | 18.44 | 18.87 | 19.49 | 13.28 | 13.19 | 12.64 | 13.39 | 13.00 | 12.69 |
| Total Assets | 40.05 | 23.97 | 24.09 | 24.99 | 23.72 | 25.76 | 25.40 | 27.91 | 28.99 | 29.70 | 32.24 | 34.34 | 29.48 | 27.97 | 21.62 | 19.24 |
| Accounts Payable | 2.49 | 2.32 | 2.54 | 2.36 | 1.99 | 2.11 | 2.03 | 2.20 | 2.11 | 2.33 | 2.87 | 2.93 | 2.22 | 1.97 | 2.17 | 2.22 |
| Total Current Liabilities | 11.85 | 7.71 | 8.78 | 9.30 | 7.35 | 8.30 | 9.18 | 8.93 | 9.88 | 10.33 | 14.37 | 16.44 | 12.23 | 12.01 | 6.93 | 5.80 |
| Long-term Debt | 23.18 | 11.16 | 9.81 | 9.81 | 10.86 | 10.86 | 10.84 | 11.86 | 12.27 | 12.52 | 7.97 | 7.97 | 8.03 | 7.96 | 8.71 | 8.71 |
| Total Non-current Liabilities | 23.33 | 14.29 | 13.02 | 12.91 | 13.86 | 13.84 | 12.93 | 15.46 | 15.78 | 16.29 | 12.75 | 12.60 | 12.21 | 11.88 | 12.14 | 11.93 |
| Total Liabilities | 35.18 | 22.00 | 21.80 | 22.21 | 21.20 | 22.14 | 22.10 | 24.39 | 25.66 | 26.62 | 27.11 | 29.04 | 24.45 | 23.89 | 19.08 | 17.72 |
| Retained Earnings | 1.97 | 2.00 | 1.97 | 2.16 | 0.98 | 1.86 | 1.21 | 0.43 | 0.21 | (0.01) | 2.58 | 2.60 | 2.17 | 0.97 | (0.57) | (1.56) |
| Total Stockholder Equity* | 4.87 | 1.97 | 2.29 | 2.78 | 2.52 | 3.62 | 3.30 | 3.52 | 3.33 | 3.08 | 5.13 | 5.30 | 5.03 | 4.08 | 2.54 | 1.52 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 10.14 | 7.68 | 7.50 | 6.67 | 8.49 | 6.76 | 7.13 | 6.48 | 7.38 | 6.66 | 7.86 | 6.22 | 7.52 | 7.66 | 8.36 | 7.48 | 7.99 | 7.12 | 6.49 | 5.24 |
| Cost of Revenue* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 6.76 | -- | -- | 2.96 |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.23 | -- | -- | 2.29 |
| Selling, General & Admin | 0.59 | 0.72 | 0.61 | 0.72 | 0.55 | 0.20 | 0.65 | 0.59 | 0.59 | 0.38 | 0.64 | 0.52 | 0.43 | 0.26 | 0.33 | 0.33 | 0.32 | 0.34 | 0.32 | 0.31 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.28 | -- | -- | 0.73 |
| Operating Income | 0.33 | 0.30 | 0.41 | 0.00 | 1.13 | 0.95 | (0.81) | 1.41 | 0.87 | 0.84 | 0.56 | 0.53 | (1.54) | (1.32) | 0.16 | 0.75 | 2.42 | (0.48) | 2.32 | 1.56 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.15 | 0.20 | 0.17 | 0.15 | 0.15 | 0.10 | 0.11 | 0.11 | 0.10 | 0.11 | 0.12 | 0.13 |
| Pretax Income | 0.08 | 0.06 | 0.24 | (0.15) | 0.99 | 0.72 | (1.01) | 1.05 | 0.70 | 0.65 | 0.41 | 0.40 | (1.67) | (1.39) | 0.08 | 0.67 | 2.31 | (0.59) | 2.16 | 1.46 |
| Tax Provision | (0.04) | -0.00 | 0.09 | (0.05) | 0.24 | 0.07 | (0.25) | 0.31 | 0.18 | 0.17 | 0.07 | 0.09 | (0.34) | (0.30) | 0.02 | 0.15 | 0.57 | (0.17) | 0.55 | 0.38 |
| Net Income | 0.13 | 0.07 | 0.15 | (0.10) | 0.75 | 0.64 | (0.77) | 0.74 | 0.51 | 0.48 | 0.34 | 0.31 | (1.33) | (1.09) | 0.07 | 0.51 | 1.74 | (0.43) | 1.62 | 1.08 |
| Basic EPS | 0.52 | 0.31 | 0.70 | (0.62) | 3.70 | 3.10 | (3.79) | 3.47 | 2.36 | 2.02 | 1.42 | 1.26 | (5.82) | (4.45) | 0.29 | 2.16 | 7.17 | (1.74) | 6.60 | 4.40 |
| Diluted EPS | 0.52 | 0.33 | 0.69 | (0.62) | 3.61 | 3.10 | (3.79) | 3.37 | 2.31 | 2.04 | 1.41 | 1.25 | (5.82) | (4.45) | 0.29 | 2.16 | 7.17 | (1.74) | 6.60 | 4.40 |
* Derived from reported values
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (0.17) | 0.12 | 0.48 | 0.45 | 0.86 | 0.95 | 0.03 | 1.06 | 0.27 | 0.24 | 0.57 | 0.57 | (1.60) | (1.40) | (1.43) | 1.51 | 1.68 | (1.36) | 1.48 | 1.29 |
| Capital Expenditures | 0.32 | 0.30 | 0.25 | 0.38 | 0.22 | 0.19 | 0.11 | 0.10 | 0.07 | 0.11 | 0.17 | 0.18 | 0.14 | 0.12 | 0.10 | 0.09 | 0.06 | 0.05 | 0.08 | 0.08 |
| Free Cash Flow* | (0.49) | (0.17) | 0.23 | 0.07 | 0.64 | 0.77 | (0.08) | 0.95 | 0.20 | 0.14 | 0.40 | 0.39 | (1.74) | (1.51) | (1.53) | 1.42 | 1.62 | (1.41) | 1.40 | 1.21 |
| Investing Cash Flow | (7.07) | (0.30) | (0.26) | (0.95) | (0.13) | (0.19) | 0.36 | (0.11) | (0.09) | 1.72 | (0.13) | (0.15) | (2.35) | (0.13) | (0.09) | (0.04) | (0.08) | 0.55 | (0.09) | (0.13) |
| Financing Cash Flow | 2.65 | 4.09 | 0.22 | (0.30) | (0.46) | (0.71) | (0.35) | (0.40) | (0.29) | (1.99) | (0.57) | (0.37) | 2.54 | 0.19 | 0.44 | 0.13 | 0.29 | (0.09) | (0.27) | (0.83) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Dividends Per Share | 0.48 | 0.44 | 0.44 | 0.44 | 0.44 | 0.41 | 0.41 | 0.41 | 0.41 | 0.38 | 0.38 | 0.38 | 0.38 | 0.35 | 0.35 | 0.35 | 0.35 | 0.33 | 0.33 | 0.33 |
