← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
NRG Energy: Revenue grew 9.4% to $30.347B from $27.748B. Net income declined 23.2% to $864M from $1.125B. Free cash flow declined 58.2% to $766M from $1.834B. Operating margin contracted 266 bps to 6.08%. NRG Energy's annual comparison also shows free cash flow declined despite revenue growth; stock compensation grew faster than revenue; capital spending grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 9.4%OK
- Profitability — Net income declined 23.2% to $864M from $1.125BWatch
- Cash flow — Free cash flow declined 58.2% to $766M from $1.834BWatch
- Margins — Operating margin contracted 266 bps to 6.08%Watch
- Accounting — No overriding statistical warningNote
- Insiders — 0 purchases and 11 salesWatch
Business
NRG Energy supplies electricity and natural gas and provides home and energy services.
Where the revenue comes from
Fiscal 2025, as NRG ENERGY, INC. reports it. History and quarterly detail are in the app.
- East$14.3B
- Texas$11.1B
- West/Other$3.2B
- Vivint Smart Home$2.1B
Leadership changes
From NRG ENERGY, INC.'s own filings, the day they're filed.
- Glenn Wright · director · departureeff. 2026-05-26
- Robert Gaudette · President · appointmenteff. 2026-04-30
- Rasesh Patel · President · departureeff. 2025-05-19
Latest filings
- 8-K · Company announcement2026-08-04
- 10-Q · Quarterly report2026-08-04
- 8-K · Company announcement2026-07-15
- 8-K · Company announcement2026-05-21
- 8-K · Company announcement2026-05-06
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about NRG ENERGY, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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