NRG Energy Q1 FY26 net income drops to $125 million; revenue rises to $10.26 billion
NRG Energy, Inc.
NRG Energy, Inc. NRG | 0.00 |
- NRG Energy posted Q1 2026 GAAP net income of USD 125 million, down 83.33%, with GAAP EPS falling to USD 0.52 from USD 3.70.
- Adjusted EBITDA dipped 4.09% to USD 1.08 billion, while adjusted EPS slid to USD 1.49 from USD 2.68.
- GAAP cash used by operating activities swung to USD 169 million from USD 855 million provided, with free cash flow before growth investments turning negative at USD 66 million from positive USD 293 million.
- NRG reaffirmed 2026 guidance for adjusted EBITDA of USD 5.33 billion-USD 5.83 billion, adjusted EPS of USD 7.9-USD 9.9, adjusted net income of USD 1.69 billion-USD 2.12 billion, and free cash flow before growth investments of USD 2.8 billion-USD 3.3 billion.
- Robert Gaudette succeeded Larry Coben as CEO on April 30, with commercial operations at 415 MW T.H. Wharton facility expected by end of May and all three Texas Energy Fund projects totaling 1.5 GW on track and on budget.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NRG Energy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505727539) on May 06, 2026, and is solely responsible for the information contained therein.
