NRG Energy (NRG) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased from the same period a year earlier but declined from the preceding quarter. The sequential drop marks a reversal from the prior quarter's trend.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased from the same period a year earlier but declined from the preceding quarter. The sequential drop marks a reversal from the prior quarter's trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.5B
Revenue reported for this quarter.
Quarter-over-quarter
-12.2%
Change from the immediately preceding quarter.
Year-over-year
+4.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$28.4B
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, 2023 | $7.9B | -6.0% |
| Dec 31, 2023 | $6.7B | -13.0% |
| Mar 31, 2024 | $7.4B | -1.8% |
| Jun 30, 2024 | $6.5B | +4.2% |
Revenue performance
The reported revenue reflected year-over-year growth, supported by prior-year comparisons. However, on a sequential basis, revenue decreased notably.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower, while compared with the same quarter one year ago, revenue was higher.
What to watch
The sequential decline in revenue warrants monitoring for potential changes in demand or competitive pressures.