NRG Q2 2023 Earnings — NRG Energy, Inc. Revenue & Financial Results | Market Cap Arena

NRGNRG Energy, Inc.

$34B

Q2 2023 Earnings

Utilities Independent Power Producers

Income Statement

Revenue

$6.3B-12.8% YoY

Gross Profit

$1.4B21.8% margin

Operating Income

$530M8.3% margin

Net Income

$308M4.9% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$570M

Free Cash Flow

$388M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$29.0B

Total Liabilities

$25.7B

Stockholders' Equity

$3.3B

Cash & Equivalents

$422M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$7.3B	-12.8%
Gross Profit	$1.4B	$1.4B	-0.6%
Operating Income	$530M	$754M	-29.7%
Net Income	$308M	$513M	-40.0%

Revenue Segments

Texas Segment

$2.5B40%

East Segment

$2.5B39%

West, Services and Other Segment

$892M14%

Vivint Smart Home Segment

$444M7%