NRG · 10-Q · 2026Q3 · Full report

Segment Profitability

NRG ENERGY, INC. · 2026-11-09 · Importance 69 · Surprise 64 · In source text

For the nine months ended September 30, 2026, consolidated operating income was $2.388 billion, compared with $1.548 billion in the prior-year period, an increase of approximately 54%. Texas reported $1.088 billion of operating income, while East recorded $14.408 billion of revenue and $13.314 billion of total operating costs and expenses. Total segment capital expenditures were $1.181 billion, including $1.028 billion in Texas. Segment results include LSP Portfolio operations from January 30, 2026.

Key facts

• NRG reported $1.192 billion of net income for the nine months ended September 30, 2026. source
• For the nine months ended September 30, 2026, gross margin increased $987 million and economic gross margin increased $1.1 billion compared with the same period in 2025; both figures include intercompany sales. source
• During the nine months ended September 30, 2026, NRG Energy, Inc. and guarantors reported revenue of $23,449 million and operating income of $1,541 million. source
• For the three months ended September 30, 2026, gross margin increased $775 million and economic gross margin increased $700 million compared with the same period in 2025. source

Impact estimates