StockWatch
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Electric Utilities: Central
Quarterly ResultAug 4, 2026, 07:33 AM

NRG Energy Q2 Net Income $506M; Reaffirms 2026 Guidance

AI Summary

NRG Energy, Inc. announced its second quarter 2026 financial results, reporting GAAP Net Income of $506 million and Adjusted EBITDA of $1,217 million. The company reaffirmed its full-year 2026 financial guidance ranges for Adjusted Net Income, Adjusted EPS, Adjusted EBITDA, and FCFbG. Key strategic developments include advancing its Bring Your Own Power data center strategy with a 1.2 GW facility and achieving commercial operations at the 415 MW T.H. Wharton facility.

Key Highlights

  • Q2 2026 GAAP Net Income was $506 million, up from $(104) million YoY.
  • Q2 2026 Adjusted EBITDA was $1,217 million, up from $909 million YoY.
  • Q2 2026 Free Cash Flow before Growth Investments (FCFbG) was $1,025 million.
  • Reaffirmed 2026 Adjusted EBITDA guidance range of $5,325 - $5,825 million.
  • Reaffirmed 2026 FCFbG guidance range of $2,800 - $3,300 million.
  • Advanced Bring Your Own Power strategy with a 1.2 GW CCGT facility in Texas.
  • Achieved commercial operations at 415 MW T.H. Wharton facility.
  • Returned $932 million through share repurchases and $202 million in dividends YTD.