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NRG Energy Reports First Quarter 2026 Results and Reaffirms 2026 Financial Guidance

$NRGPress releaseMay 6, 2026, 7:03 AM ETRead the release

NRG Energy reported Q1 2026 revenue of $10.3 billion with Adjusted EPS of $1.49, reaffirming its full-year 2026 guidance ranges despite a significant drop in GAAP net income due to mark-to-market hedge losses. Total liquidity decreased by $6.4 billion to $3.3 billion, primarily driven by cash used to fund the acquisition of generation assets and CPower from LS Power.

Key figures

Eps
1.49
Revenue
10256000000
Guidance
2026 Adjusted EPS $7.90-$9.90; Adjusted EBITDA $5.325B-$5.825B; FCFbG $2.8B-$3.3B
Adjusted ebitda
1080000000
Gaap net income
125000000
Total liquidity
3250000000
Adjusted net income
308000000
Share repurchases ytd
817000000

AI analysis

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