earnings
confidence high
sentiment positive
materiality 0.90
NRG Q1 GAAP net income $750M, EPS $3.70; acquires 13 GW gas generation from LS Power
NRG ENERGY, INC.
2025-Q1 EPS reported
$3.61
revenue$8,585,000,000
- GAAP Net Income $750M ($3.70 basic EPS); Adjusted EPS $2.68, Adjusted EBITDA $1,126M, FCFbG $293M.
- Reaffirms 2025 guidance: Adjusted EPS $6.75-$7.75, FCFbG $1,975-$2,225M.
- Announces acquisition of 13 GW natural gas generation and 6 GW C&I VPP platform from LS Power for cash and stock.
- Closed 738 MW Texas gas gen acquisition; 1.5 GW Texas Energy Fund projects in due diligence.
- GAAP net income up 47% YoY ($750M vs $511M); FCFbG improved from -$40M to $293M.