Operating Income for NRG Energy (NRG)
According to NRG Energy's latest reported financial statements, the company's current operating income (TTM) is $1.85B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NRG
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.85B
YoY change
-23.7%
5Y CAGR
+10.9%
Peak year (2021)
$3.34B
Cumulative operating income
$22.47B
Operating Income history chart for NRG Energy (NRG) from 1997 to 2025
Operating Income history table for NRG Energy (NRG) from 1997 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.85B | -23.7% | ||
| 2024 | $2.42B | +531.3% | ||
| 2023 | $384.00M | -81.0% | ||
| 2022 | $2.02B | -39.6% | ||
| 2021 | $3.34B | +202.4% | ||
| 2020 | $1.10B | -14.3% | ||
| 2019 | $1.29B | +31.4% | ||
| 2018 | $982.00M | -232.5% | ||
| 2017 | -$741.00M | -2345.5% | ||
| 2016 | $33.00M | -100.8% | ||
| 2015 | -$4.05B | -418.7% | ||
| 2014 | $1.27B | +270.6% | ||
| 2013 | $343.00M | -2.0% | ||
| 2012 | $350.00M | -44.9% | ||
| 2011 | $635.00M | -51.5% | ||
| 2010 | $1.31B | -39.4% | ||
| 2009 | $2.16B | -5.0% | ||
| 2008 | $2.27B | +45.7% | ||
| 2007 | $1.56B | +10.0% | ||
| 2006 | $1.42B | +530.2% | ||
| 2005 | $225.00M | -42.3% | ||
| 2004 | $390.00M | -87.5% | ||
| 2003 | $3.11B | -220.2% | ||
| 2002 | -$2.59B | -462.1% | ||
| 2001 | $714.82M | +47.8% | ||
| 2000 | $483.66M | +341.6% | ||
| 1999 | $109.52M | +92.1% | ||
| 1998 | $57.01M | +214.8% | ||
| 1997 | $18.11M | — |
Operating Income values are taken from NRG Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for NRG Energy (NRG) came in at $1.85B – declined 23.7% year-over-year.
Through 2020–2025 (5 years), NRG Energy operating income delivered a +10.9% annualised rate; with the latest reading among the more recent periods of the dataset.
NRG Energy operating income peaked at $3.34B in 2021; the latest annual figure is $1.85B in 2025 (44.6% below peak).
The dataset's maximum operating income sits at $3.34B (2021); the minimum reading of -$4.05B dates to 2015.
Within Utilities, NRG Energy (NRG) ranks 8th among 8 peers we track. The peer median for operating income is $4.86B.
NRG Energy Operating Income by Year
NRG Energy Operating Income 2025: $1.85B
NRG Energy operating income in 2025 was $1.85B, declined 23.7% below 2024.
NRG Energy Operating Income 2024: $2.42B
NRG Energy operating income in 2024 was $2.42B, surged 531.3% from 2023.
NRG Energy Operating Income 2023: $384.00M
NRG Energy operating income in 2023 was $384.00M, plunged 81.0% below 2022.
NRG Energy Operating Income 2022: $2.02B
NRG Energy operating income in 2022 was $2.02B, plunged 39.6% below 2021.
NRG Energy Operating Income 2021: $3.34B
NRG Energy operating income in 2021 was $3.34B.
See more financial history for NRG Energy (NRG).
Sector peers — Operating Income
Companies in the same sector as NRG Energy, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $8.58B | Utilities |
| NextEra Energy, Inc. (NEE) | $8.28B | Utilities |
| The Southern Company (SO) | $7.27B | Utilities |
| American Electric Power Company, Inc. (AEP) | $5.30B | Utilities |
| Dominion Energy, Inc. (D) | $4.41B | Utilities |
| Sempra (SRE) | $3.25B | Utilities |
| Constellation Energy Corporation (CEG) | $3.09B | Utilities |
| GE Vernova Inc. (GEV) | $1.39B | Utilities |
Frequently asked questions
What is NRG Energy's operating income?
- Latest reported operating income for NRG Energy (NRG) is $1.85B (period ending December 31, 2025).
How has NRG Energy operating income changed year-over-year?
- NRG Energy (NRG) operating income changed -23.7% year-over-year on the latest annual filing.
What is the long-term growth rate of NRG Energy operating income?
- NRG Energy (NRG) operating income compound annual growth rate is +10.9% over the most recent 5 years available.
When did NRG Energy operating income hit its highest annual value?
- NRG Energy operating income reached its highest annual value of $3.34B in 2021.
What was NRG Energy operating income in 2024?
- NRG Energy (NRG) operating income in 2024 was $2.42B.
What was NRG Energy operating income in 2025?
- NRG Energy (NRG) operating income in 2025 was $1.85B.
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