Filing Flows › NRG Energy (NRG) › How it makes money
How NRG Energy (NRG) makes money
NRG Energy (NRG) made $7.5B of revenue in the second quarter 2026 (Q2 2026), +11% from a year earlier. Of every dollar of revenue, 13¢ was left as operating profit, 7¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $7.5B | 100.0% |
| Operating profit | $976M | 13.0% |
| Income tax | $157M | 2.1% |
| Net earnings | $506M | 6.8% |
| Operating cash flow | $1.1B | 14.9% |
| Free cash flow | $779M | 10.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $7.5B | +11% |
| Q1 2026 | $10.3B | +20% |
| Q4 2025 | $7.8B | +14% |
| Q3 2025 | $7.6B | +6% |
| Q2 2025 | $6.7B | +1% |
| Q1 2025 | $8.6B | +16% |
| Q4 2024 | $6.8B | +0.2% |
From NRG Energy's 10-Q filed Aug 4, 2026 (on EDGAR).
Questions
How does NRG Energy make money?
NRG Energy (NRG) made $7.5B of revenue in the second quarter 2026 (Q2 2026), +11% from a year earlier. Of every dollar of revenue, 13¢ was left as operating profit, 7¢ was left as net earnings.
What is NRG Energy's profit margin?
Net earnings were $506M, 6.8% of revenue, in the second quarter 2026; the operating margin was 13.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.