---
schema_version: "secwatch.filing_event.v1"
accession: "0001013871-23-000009"
form_type: "8-K"
ticker: "NRG"
cik: "0001013871"
company_name: "NRG ENERGY, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:13:12.581870+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NRG Energy Q1 2023 net loss $1.3B on mark-to-market hedges; completes Vivint acquisition

## Summary
- Net loss of $1.3B ($5.82/share) vs net income of $1.736B in Q1 2022; Adjusted EBITDA rose to $646M from $536M.
- Closed $2.609B cash acquisition of Vivint Smart Home on March 10; Vivint contributed $73M Adjusted EBITDA in March.
- Updated 2023 guidance: Adjusted EBITDA $3.01B-$3.25B; FCFbG $1.62B-$1.86B, reflecting Vivint and harmonized definitions.
- Sale of Astoria land for $209M net proceeds closed Jan 6; W.A. Parish Unit 8 outage expected to return by end of Q2 2023.
- Board declared quarterly dividend of $0.3775/share ($1.51 annual), payable May 15 to holders of record May 1.

## SEC filing metadata
- accession: 0001013871-23-000009
- form_type: 8-K
- ticker: NRG
- cik: 0001013871
- company_name: NRG ENERGY, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013871/000101387123000009/0001013871-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013871/000101387123000009/nrg-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013871-23-000009
- JSON: https://secwatch.observer/filing/0001013871-23-000009.json
- Plain text: https://secwatch.observer/filing/0001013871-23-000009.txt

## Key facts
- Earnings Releases
  NRG ENERGY, INC. reported Quarter ended March 31, 2023 results: net income Net Loss of $1.3 billion, EPS $(5.82) per common share.
  - Period: Quarter ended March 31, 2023
  - Net income: Net Loss of $1.3 billion
  - EPS: $(5.82) per common share
  - Result: reported results
  source text: NRG Energy, Inc. (NYSE: NRG) today reported a first quarter 2023 Net Loss of $1.3 billion, or $(5.82) per common share. Adjusted EBITDA for the first quarter was $646 million, Net Cash Used by Operating Activities was $1.6 billion, and Free Cash Flow Before Growth (FCFbG) was $203 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013871/000101387123000009/0001013871-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.