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NRG
Year ended Dec 31, 2025 · FY2025 10-K

NRG Energy (NRG) 10-K Summaries & Annual Filing History

Review NRG Energy, Inc. (NRG) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.

Key takeaway

Year ended Dec 31, 2025 · FY2025 10-K

NRG Energy filed its annual report for the most recent fiscal year, reporting a revenue increase and positive earnings. The filing highlights its business serving commercial customers and discusses liquidity and capital resources.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$30.3B

Revenue reported for the fiscal year.

Operating income

$1.8B

Income from operations reported for the year.

Net income

$864M

Net income reported for the year.

Operating cash flow

$1.9B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Dec 31, 2022$31.5B+17.6%
Dec 31, 2023$28.3B-10.3%
Dec 31, 2024$27.7B-1.8%
Dec 31, 2025$30.3B+9.4%

Business overview

The company's NRG Business segment serves business customers. No further business description is provided in the supplied filing context.

Financial performance

Revenue grew compared to the prior year. The company reported positive operating income, net income, and operating cash flow.

Material risks

The filing includes a risk factors section, but specific risk details are not available in the supplied context.

Liquidity and capital

The filing addresses liquidity and capital resources, including credit ratings, material cash requirements, and commitments.

What to watch

Monitor the revenue trend, as the company experienced a recent increase after prior declines.