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NRG ENERGY, INC.

LISTEDNYSE

SYMBOLNRG

SIC4911

STATE OF INC.DE

FISCAL YEAR ENDSDecember 31

CIK1013871

ELECTRIC SERVICES · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	16,443	90.7
Stockholders' equity	1,681	9.3
Total capitalization	18,124	100.0

210,210,483 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 4 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, noncurrent	16,412
Current maturities	31

CAPITAL STOCK 12/31/25

Common shares authorized	500,000,000
Common shares issued	199,828,615
Treasury shares	9,452,008
Par or stated value per share ($)	0.01
Preferred stock ($ millions)	650
Outstanding at 7/31/26	210,210,483

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	1.76	43.9
2024	1.63	32.7
2023	1.51	–
2022	1.40	27.1
2021	1.30	14.6

HISTORY AND BUSINESS

HISTORY: Incorporated in Delaware.

BUSINESS: Classified by the SEC under Standard Industrial Classification 4911, Electric Services. Large accelerated filer. Principal executive office: 1301 Mckinney Street, Houston, TX 77010. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Operating revenues	30,347	27,748	28,256
Depreciation and amortization	1,406	1,403	1,295
Total operating expenses	28,843	25,914	30,017
Operating income	1,845	2,424	384
Interest charges	741	651	667
Income before income taxes	1,134	1,448	(213)
Income taxes	270	323	(11)
Net income	864	1,125	(202)
Earned per share, diluted ($)	4.01	4.99	(1.12)
Dividends per share ($)	1.76	1.63	1.51

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Utility plant, net	3,632	2,021
Cash and equivalents	4,708	966
Total current assets	13,147	8,964
Total assets	29,140	24,022
Total current liabilities	8,029	8,813
Long-term debt	16,412	9,812
Total capitalization and liabilities	29,140	24,022

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	30,713	1,845	864	2.8	4.01	1.76	1,913	1,147	766	29,140	27,459	16,443	1,681	51.4	9.78
12/31/24	28,130	2,424	1,125	4.0	4.99	1.63	2,306	472	1,834	24,022	21,544	10,892	2,478	45.4	4.40
12/31/23	28,823	384	(202)	-0.7	(1.12)	1.51	(221)	598	(819)	26,038	23,132	10,940	2,906	-7.0	3.76
12/31/22	31,543	2,018	1,221	3.9	5.17	1.40	360	367	(7)	29,146	25,318	8,100	3,828	31.9	2.12
12/31/21	26,989	3,341	2,187	8.1	8.93	1.30	493	269	224	23,182	19,582	8,100	3,600	60.8	2.25
12/31/20	9,093	1,105	510	5.6	2.07	1.20	1,837	230	1,607	14,902	13,222	8,855	1,680	30.4	5.27
12/31/19	9,821	1,290	4,438	45.2	16.81	0.12	1,413	228	1,185	12,531	10,853	6,042	1,658	267.7	3.64
12/31/18	9,478	982	268	2.8	0.87	0.12	1,377	388	989	10,628	11,843	6,691	(1,234)	-21.7	-5.42
12/31/17	9,074	(741)	(2,153)	-23.7	(6.79)	0.12	1,610	254	1,356	23,355	21,309	9,494	1,968	-109.4	4.82
12/31/16	8,915	33	(774)	-8.7	(2.22)	0.24	1,908	544	1,364	30,682	26,190	16,704	4,446	-17.4	3.76

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

NRG ENERGY, INC.
CIK 1013871 · EIN 41-1724239

PRINCIPAL OFFICE:

1301 Mckinney Street, Houston, TX 77010
Tel.: 713-537-3000

INCORPORATED:

Delaware

INDUSTRY (SEC SIC CODE):

4911 · Electric Services

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 24 February 2026

FORMER NAMES:

NRG ENERGY, INC.; NRG ENERGY INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

8/4/26	10-Q	period 6/30/26
8/4/26	8-K	period 8/4/26
7/15/26	8-K	period 7/14/26
5/21/26	8-K	period 5/21/26
5/6/26	10-Q	period 3/31/26
5/6/26	8-K	period 5/6/26
5/1/26	8-K	period 4/30/26
4/28/26	8-K	period 4/28/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/24/26) · 10-K FY2024 (filed 2/26/25) · 10-K FY2023 (filed 2/28/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/24/22) · 10-K FY2020 (filed 3/1/21) · 10-K FY2019 (filed 2/27/20) · 10-K FY2018 (filed 2/28/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.