NRG ENERGY, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $30.7B | $28.1B | $28.8B | $31.5B | $27.0B |
| Selling, general & administrative | $2.6B | $2.3B | $2.1B | $1.1B | $1.3B |
| Operating income | $1.8B | $2.4B | $384.0M | $2.0B | $3.3B |
| Interest expense | $741.0M | $651.0M | $667.0M | $417.0M | $485.0M |
| Pretax income | $1.1B | $1.4B | -$213.0M | $1.7B | $2.9B |
| Income tax expense | $270.0M | $323.0M | -$11.0M | $442.0M | $672.0M |
| Net income | $864.0M | $1.1B | -$202.0M | $1.2B | $2.2B |
| Balance Sheet | |||||
| Cash and equivalents | $4.7B | $966.0M | $541.0M | $430.0M | $250.0M |
| Current assets | $13.1B | $9.0B | $9.7B | $16.2B | $10.8B |
| Total assets | $29.1B | $24.0B | $26.0B | $29.1B | $23.2B |
| Current liabilities | $8.0B | $8.8B | $9.5B | $13.0B | $7.9B |
| Total liabilities | $27.5B | $21.5B | $23.1B | $25.3B | $19.6B |
| Total debt | $16.6B | $10.9B | $11.0B | $8.1B | $8.1B |
| Stockholders' equity | $1.7B | $2.5B | $2.9B | $3.8B | $3.6B |
| Cash Flow Statement | |||||
| Cash from operations | $1.9B | $2.3B | -$221.0M | $360.0M | $493.0M |
| Depreciation and amortization | $1.4B | $1.4B | $1.3B | $720.0M | $785.0M |
| Stock-based compensation | $134.0M | $102.0M | $101.0M | $28.0M | $21.0M |
| Capital expenditure | $1.1B | $472.0M | $598.0M | $367.0M | $269.0M |
| Free cash flow | $766.0M | $1.8B | -$819.0M | -$7.0M | $224.0M |
| Dividends paid | $411.0M | $405.0M | $381.0M | $332.0M | $319.0M |
| Share repurchases | $1.3B | $935.0M | $1.1B | $600.0M | $48.0M |
| Impairments | $0 | $36.0M | $26.0M | $206.0M | $544.0M |
Shares outstanding 211.0M · Free float 87.9%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.