NRG Energy reports Q1 2026 GAAP Net Income $125M; reaffirms 2026 guidance

NRG ENERGY, INC.

2026-Q1 EPS reported $0.52 revenue$10,256,000,000

GAAP Net Income $125M ($0.52 EPS); Adjusted Net Income $308M ($1.49 EPS).
Adjusted EBITDA $1,080M vs $1,126M prior year; FCF before growth investments $(66)M.
Achieved 94% ERCOT fleet in-the-money availability during Winter Storm Fern.
415 MW T.H. Wharton plant to begin commercial ops by end of May 2026; all Texas Energy Fund projects on time.
Texas residential VPP program exceeded 200 MW; on track for 1 GW by 2035.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NRG ENERGY, INC. reported the first quarter ended March 31, 2026 results: net income GAAP Net Income of $125 million, EPS GAAP Earnings per Share (EPS) — basic of $0.52. Guidance reaffirmed.

Period: the first quarter ended March 31, 2026
Net income: GAAP Net Income of $125 million
EPS: GAAP Earnings per Share (EPS) — basic of $0.52
Guidance: reaffirmed
Result: reported results

Exact text from the filing

for 1 GW by 2035 HOUSTON — May 6, 2026 —NRG Energy, Inc. (NYSE: NRG) today announced financial results for the first quarter ended March 31, 2026, and reports GAAP Net Income of $125 million, GAAP Earnings per Share (EPS) — basic of $0.52, and GAAP Cash Used by Operating Activities of $(169) million. The Company's non-GAAP metrics are Adjusted Net Income of $308

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Source: SEC EDGAR

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