Filing Flows › NRG Energy (NRG) › Guidance history
NRG Energy (NRG) guidance history: what it guided and what it reported
NRG Energy gave guidance in 13 earnings releases on file since Feb 28, 2024. Its releases raised guidance 6 times and lowered it 0 times.
Adjusted net income
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.4B–$1.6B (Nov 6, 2025) → raised $1.7B–$2.1B (Feb 24, 2026) → reaffirmed $1.7B–$2.1B (May 6, 2026) → reaffirmed $1.7B–$2.1B (Aug 4, 2026) | — | to be reported | — |
| FY2025 | $1.1B–$1.4B (Nov 8, 2024) → raised $1.3B–$1.5B (Feb 26, 2025) → reaffirmed $1.3B–$1.5B (May 12, 2025) → reaffirmed $1.3B–$1.5B (Aug 6, 2025) → raised $1.5B–$1.6B (Nov 6, 2025) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $640M (Nov 8, 2024) | — | — | — |
| FY2024 | $640M (Feb 28, 2024) → reaffirmed $640M (May 7, 2024) → reaffirmed $640M (Aug 8, 2024) | — | — | — |
Depreciation & amortization
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.4B (Nov 6, 2025) → lowered $3.0M (Feb 24, 2026) → reaffirmed $3.0M (May 6, 2026) → reaffirmed $3.0M (Aug 4, 2026) | — | to be reported | — |
| FY2025 | $4.0M (Nov 8, 2024) → lowered $1.0M (Feb 26, 2025) → raised $1.4B (May 12, 2025) → reaffirmed $1.4B (Aug 6, 2025) | — | — | — |
| FY2024 | $1.1B (Feb 28, 2024) → reaffirmed $1.1B (May 7, 2024) → reaffirmed $1.1B (Aug 8, 2024) | — | — | — |
Stock-based compensation
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $100M (Nov 6, 2025) → raised $120M (Feb 24, 2026) → reaffirmed $120M (May 6, 2026) → reaffirmed $120M (Aug 4, 2026) | — | to be reported | — |
| FY2025 | $100M (Nov 8, 2024) → reaffirmed $100M (Feb 26, 2025) → reaffirmed $100M (May 12, 2025) → reaffirmed $100M (Aug 6, 2025) | — | — | — |
| FY2024 | $3.0M (Feb 28, 2024) → reaffirmed $3.0M (May 7, 2024) → reaffirmed $3.0M (Aug 8, 2024) → raised $100M (Nov 8, 2024) | — | — | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $1.8B–$2.1B (Nov 8, 2024) | $766M (GAAP) | not judged | — |
| FY2024 | $1.8B–$2.1B (May 7, 2024) → reaffirmed $1.8B–$2.1B (Aug 8, 2024) | $1.8B (GAAP) | not judged | — |
Operating cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | $1.3B–$1.5B (Feb 26, 2025) → lowered $4.0M (May 12, 2025) → reaffirmed $4.0M (Aug 6, 2025) | $1.9B (GAAP) | not judged | — |
The latest quarter
NRG Energy, Q2 2026: revenue $7.5B (+11% year over year), operating margin 13.0%, net earnings $506M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
Questions
Does NRG Energy beat its guidance?
NRG Energy gave guidance in 13 earnings releases on file since Feb 28, 2024. Its releases raised guidance 6 times and lowered it 0 times.
How often does NRG Energy raise guidance?
Its earnings releases raised guidance 6 times and lowered it 0 times since Feb 28, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.