NRG Energy (NRG) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.1B
Revenue reported for this quarter.
Quarter-over-quarter
+10.0%
Change from the immediately preceding quarter.
Year-over-year
-9.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$27.7B
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 |
|---|---|---|
| Dec 31, 2023 | $6.7B | -13.0% |
| Mar 31, 2024 | $7.4B | -1.8% |
| Jun 30, 2024 | $6.5B | +4.2% |
| Sep 30, 2024 | $7.1B | -9.3% |
Revenue performance
The reported revenue direction is upward from the prior quarter, reflecting a sequential improvement. The trailing twelve-month revenue figure provides a broader view of recent performance.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. In contrast, when measured against the same quarter one year earlier, revenue was lower.
What to watch
The year-over-year decline in revenue warrants attention, as it contrasts with the sequential improvement.