NRG Q2 2025 Earnings — NRG Energy, Inc. Revenue & Financial Results | Market Cap Arena

NRGNRG Energy, Inc.

$34B

Q2 2025 Earnings

Utilities Independent Power Producers

Income Statement

Revenue

$6.7B+1.2% YoY

Gross Profit

$1.1B16.5% margin

Operating Income

$43M0.6% margin

Net Income

-$104M-1.5% margin

EPS (Diluted)

$-0.62

QoQ Revenue Growth

-21.5%

Cash Flow

Operating Cash Flow

$451M

Free Cash Flow

$73M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$24.1B

Total Liabilities

$21.8B

Stockholders' Equity

$2.3B

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.7B	$6.7B	+1.2%
Gross Profit	$1.1B	$2.3B	-52.3%
Operating Income	$43M	$1.4B	-97.0%
Net Income	-$104M	$738M	-114.1%

Revenue Segments

Texas Segment

$2.8B42%

East Segment

$2.7B40%

West, Services and Other Segment

$675M10%

Vivint Smart Home Segment

$504M7%

Geographic Segments

Texas Segment

$2.8B51%

East Segment

$2.7B49%