NRG Energy (NRG) Revenue — Quarter Ended Dec 31, 2023
For the quarter ended December 31, 2023, NRG Energy reported a decline in revenue. The decrease was observed both sequentially and compared to the same period a year ago.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
For the quarter ended December 31, 2023, NRG Energy reported a decline in revenue. The decrease was observed both sequentially and compared to the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.7B
Revenue reported for this quarter.
Quarter-over-quarter
-15.2%
Change from the immediately preceding quarter.
Year-over-year
-13.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.3B
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 |
|---|---|---|
| Mar 31, 2023 | $7.5B | -5.9% |
| Jun 30, 2023 | $6.2B | -16.9% |
| Sep 30, 2023 | $7.9B | -6.0% |
| Dec 31, 2023 | $6.7B | -13.0% |
Revenue performance
Revenue in the reported quarter fell from the immediately preceding quarter. The figure also came in lower than the same quarter one year earlier.
Quarterly comparison
The sequential decline followed a revenue increase in the prior quarter, highlighting a volatile trend. On an annual basis, the decrease was consistent with the year-over-year pattern seen in recent periods.
What to watch
The volatile revenue trend warrants attention in upcoming quarters.