---
schema_version: "secwatch.filing_event.v1"
accession: "0001013871-26-000002"
form_type: "8-K"
ticker: "NRG"
cik: "0001013871"
company_name: "NRG ENERGY, INC."
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:37:04.884015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NRG Energy Q4 GAAP net income $66M; full-year adj EPS $8.24, up 21%, exceeds raised guidance

## Summary
- GAAP Net Income Q4 $66M ($0.26 basic EPS); full year GAAP Net Income $864M ($4.09 basic EPS).
- Adjusted EPS full year $8.24 vs $6.83 prior year (up 21%); Adjusted EBITDA $4,087M vs $3,789M.
- Completed acquisition of 13 GW of generation assets and CPower from LS Power, doubling generation footprint and expanding demand response.
- Closed Texas Energy Fund loan for Greens Bayou 443 MW CCGT; 1.5 GW across three projects with $1.15Bn low-interest financing; first project online June 2026.
- Returned $1.6B of capital to shareholders in 2025; extended Adjusted EPS growth target of 14%+ through 2030.

## SEC filing metadata
- accession: 0001013871-26-000002
- form_type: 8-K
- ticker: NRG
- cik: 0001013871
- company_name: NRG ENERGY, INC.
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1013871/000101387126000002/0001013871-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013871/000101387126000002/nrg-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013871-26-000002
- JSON: https://secwatch.observer/filing/0001013871-26-000002.json
- Plain text: https://secwatch.observer/filing/0001013871-26-000002.txt

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