NRG Energy (NRG) Revenue — Quarter Ended Jun 30, 2023
NRG Energy reported lower revenue for the quarter, marking a decline from both the prior quarter and the same period last year. The downward trend persisted from recent quarters.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
NRG Energy reported lower revenue for the quarter, marking a decline from both the prior quarter and the same period last year. The downward trend persisted from recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
-17.3%
Change from the immediately preceding quarter.
Year-over-year
-16.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$29.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $8.4B | +28.8% |
| Dec 31, 2022 | $7.7B | +8.1% |
| Mar 31, 2023 | $7.5B | -5.9% |
| Jun 30, 2023 | $6.2B | -16.9% |
Revenue performance
Revenue contracted from the immediately preceding quarter and from the same quarter one year earlier. Both sequential and year-over-year comparisons indicate a decrease.
Quarterly comparison
Compared with the prior quarter, revenue fell, and it was also lower than the same quarter a year ago. The trailing twelve-month revenue figure reflects the sustained decline.
What to watch
A key watch item is whether revenue will stabilize in upcoming quarters after consecutive declines.