earnings
confidence high
sentiment neutral
materiality 0.75
NRG reports Q2 GAAP net loss of $104M; Adjusted EBITDA $909M; reaffirms 2025 guidance
NRG ENERGY, INC.
2025-Q2 EPS reported
$3.01
revenue$15,325,000,000
- GAAP net loss of $104M ($0.62 basic EPS loss); Adjusted net income $339M, Adj. EPS $1.73.
- Adjusted EBITDA $909M for Q2; FCF before growth investments $914M.
- Signed 295 MW long-term retail data center agreements on NRG sites; potential expansion to 1 GW.
- Executed Texas Energy Fund loan for T.H. Wharton facility; expected online 2026.
- Reaffirmed 2025 guidance ranges; increasing Texas Residential VPP target from 20 MW to 150 MW.