NRG · 8-K · 20260804PR000018

Income Tax Rate Changes

NRG ENERGY, INC. · 2026-08-04 · Importance 40 · Surprise 46 · In source text

Second-quarter income tax expense was $157 million compared with a $49 million tax benefit in the prior-year quarter, despite pretax income increasing to $663 million from a $153 million pretax loss. Six-month income tax expense declined to $115 million from $186 million as pretax income decreased to $746 million from $832 million. The second-quarter tax expense reduced GAAP net income from $663 million of pretax income to $506 million of net income. Adjusted second-quarter tax expense was $78 million, calculated using an adjusted effective tax rate that includes tax credits and non-recurring tax items.

Key facts

• 2026 Income tax expense guidance: 490 - 560 source
• 2026 Adjusted income tax expense: (423) - (493) source
• 2026 Income tax payments guidance: (70) - (90) source
• Income tax expense for the three months ended June 30, 2026: $157 million source

Impact estimates