NRG · 8-K · 20260804PR000018

Revenue Performance and Mix

NRG ENERGY, INC. · 2026-08-04 · Importance 38 · Surprise 22 · Contradicted

Second-quarter 2026 revenue increased 11.0% year over year to $7,481 million from $6,740 million, while six-month revenue rose 15.7% to $17,737 million from $15,325 million. Second-quarter segment revenue was $3,484 million in East, $2,747 million in Texas, $644 million in West/Other, and $587 million in Vivint Smart Home. East revenue increased $749 million year over year, while Texas revenue declined $99 million, West/Other declined $2 million, and Vivint Smart Home increased $65 million. Six-month East revenue increased to $9,954 million from $7,336 million, making East the largest contributor to the company's revenue growth after the LS Power asset acquisition.

Key facts

• Adjusted EBITDA for the second quarter of 2026: $1,217 million source
• Second quarter 2026 consolidated revenue: $7,481 million (three months ended June 30, 2026) source
• Six months ended June 30, 2026 consolidated revenue: $17,737 million source
• NRG defines Adjusted EBITDA as EBITDA with further adjustments including stock-based compensation, impairment losses, deactivation costs, gains or losses on sales, dispositions or retirements of assets, mark-to-market gains or losses from forward position of economic hedges, gains or losses on repurchase/modification/extinguishment of debt, restructuring costs, and other non-recurring items plus adjustments for unconsolidated investments or non-controlling interests source

Impact estimates