NRG · 10-Q · 2026Q2 · Full report

Operating Income and Margins

NRG ENERGY, INC. · 2026-08-04 · Importance 54 · Surprise 40 · In source text

For the six months ended June 30, 2026, operating income was $1.304 billion, compared with $1.134 billion in the prior-year period. Six-month operating costs and expenses increased to $16.470 billion from $14.184 billion, primarily reflecting the enlarged operating base after the LSP Portfolio acquisition. Cost of operations increased to $14.328 billion from $12.190 billion, while the reported six-month revenue increase was $2.412 billion. The resulting six-month operating margin was approximately 7.4%, compared with approximately 7.4% in the prior-year period, indicating that incremental revenue broadly offset higher operating costs.

Key facts

• Six months ended June 30, 2026 operating expenses: $15,544 million and total operating cost and expenses: $16,470 million, resulting in operating income of $1,304 million. source
• Other income, net increased by $27 million for the six months ended June 30, 2026, compared to the same period in 2025, primarily driven by higher interest income source
• Total other expense for the six months ended June 30, 2026: $445 million. source

Impact estimates