Filing Flows › NRG Energy (NRG) › Q2 2026
NRG Energy (NRG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
NRG Energy (NRG) reported revenue of $7.5B for the second quarter 2026 (Q2 2026), +11% from a year earlier and -27% from the quarter before. Operating margin was 13.0%, net earnings $506M (6.8% of revenue).
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.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.5B | -27% | +11% |
| Operating profit | $976M | +198% | — |
| Net earnings | $506M | +305% | — |
| Operating cash flow | $1.1B | — | +148% |
| Free cash flow | $779M | — | +967% |
What changed
Revenue was $7.5B in Q2 2026, up 11% year over year and down 27% from the previous quarter.
Operating profit was $1.0B, a 13.0% margin (up 13.0 points year over year). Total costs fell 3% while revenue rose 11%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $0.51B. The effective tax rate was 23.7%.
Operating cash flow was $1.1B (up 148% year over year), 221% of net earnings. Non-cash charges added back $0.33B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.26B. Capital expenditures of $0.34B left free cash flow of $0.78B.
Questions
What was NRG Energy's revenue in the second quarter 2026?
NRG Energy (NRG) reported revenue of $7.5B for the second quarter 2026 (Q2 2026), +11% from a year earlier and -27% from the quarter before.
Was NRG Energy profitable in the second quarter 2026?
Operating profit was $976M (13.0% of revenue) and net earnings $506M.
Source: NRG Energy 10-Q on SEC EDGAR.