Business
NRG Energy Reports Second Quarter 2026 Results and Reaffirms 2026 Financial Guidance
NRG Energy Reports Second Quarter 2026 Results and Reaffirms 2026 Financial
About this update from Nrg Energy, Inc.
[{"type":"text","content":"\nNRG Energy, Inc. (NYSE: NRG) today announced financial results for the second quarter ended June 30, 2026, and reports GAAP Net Income of $506 million, GAAP Earnings per Share (EPS) — basic of $2.32, and GAAP Cash Provided by Operating Activities of $1,117 million. The Company's non-GAAP metrics are Adjusted Net Income of $315 million, Adjusted EPS of $1.49, Adjusted EBITDA of $1,217 million, and Free Cash Flow before Growth Investments (FCFbG) of $1,025 million for the second quarter of 2026.\n\n\n“Today we provided a progress update on our Bring Your Own Power data center strategy,” said Robert Gaudette, President & CEO. “This is the model for how large load growth should work. The customer supports the investment, with reliability and affordability protected for all. We also delivered a solid second quarter and are reaffirming our 2026 guidance. I am confident in the discipline and execution that continue to drive NRG forward.”\n\nConsolidated Financial Results\nTable 1:\n \n\n\n \n\n\nThree Months Ended\n \n\n\nSix Months Ended\n(In millions, except per share amounts)\n \n\n\n6/30/2026\n \n\n\n6/30/2025\n \n\n\n6/30/2026\n \n\n\n6/30/2025\nGAAP Net Income/(Loss)\n\n\n \n\n\n$\n\n\n506\n\n\n \n\n\n$\n\n\n(104\n\n\n)\n\n\n \n\n\n$\n\n\n631\n\n\n \n\n\n$\n\n\n646\n\n\nAdjusted Net Incomea b\n \n\n\n$\n\n\n315\n\n\n \n\n\n$\n\n\n339\n\n\n \n\n\n \n\n\n$\n\n\n623\n\n\n \n\n\n$\n\n\n870\n\n\nGAAP EPS — basicc\n \n\n\n$\n\n\n2.32\n\n\n \n\n\n$\n\n\n(0.62\n\n\n)\n\n\n \n\n\n$\n\n\n2.86\n\n\n \n\n\n$\n\n\n3.11\n\n\nAdjusted EPSa d\n \n\n\n$\n\n\n1.49\n\n\n \n\n\n$\n\n\n1.73\n\n\n \n\n\n \n\n\n$\n\n\n2.98\n\n\n \n\n\n$\n\n\n4.42\n\n\nAdjusted EBITDAa\n \n\n\n$\n\n\n1,217\n\n\n \n\n\n$\n\n\n909\n\n\n \n\n\n \n\n\n$\n\n\n2,297\n\n\n \n\n\n$\n\n\n2,035\n\n\nGAAP Cash Provided by Operating Activities\n\n\n \n\n\n$\n\n\n1,117\n\n\n \n\n\n$\n\n\n451\n\n\n \n\n\n \n\n\n$\n\n\n948\n\n\n \n\n\n$\n\n\n1,306\n\n\nFree Cash Flow Before Growth Investments (FCFbG)a\n \n\n\n$\n\n\n1,025\n\n\n \n\n\n$\n\n\n914\n\n\n \n\n\n \n\n\n$\n\n\n959\n\n\n \n\n\n$\n\n\n1,207\n\n\na Adjusted Net Income, Adjusted EPS, Adjusted EBITDA, and FCFbG are non-GAAP fin...