Nrg Energy NRG
NYSE NRG
$115.36 -4.28 (-3.58%)
As of: Sep 9, 2026 · 3:59 PM EDT

Nrg Energy (NRG) Operating Expenses (2009 - 2026)

Nrg Energy's (NRG) quarterly Operating Expenses came in at $6.5 billion in Q2 2026, down 2.94% on a YoY basis from $6.7 billion in Q2 2025, and down 34.11% quarter-over-quarter from $9.9 billion in Q1 2026.

Analysis

Nrg Energy (NRG) Operating Expenses (2009 - 2026) Analysis & Trends

Nrg Energy (NRG) has reported Operating Expenses for 18 consecutive years, with $6.5 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 2.94% year-over-year to $6.5 billion; the trailing twelve-month figure through Jun 2026 stood at $31.1 billion (up 10.03% YoY), and the FY2025 full-year result was $28.8 billion, up 11.3% from the prior year.
  • Operating Expenses eased to $6.5 billion in Q2 2026 per NRG's latest filing, from $9.9 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.9 billion in Q1 2026 and bottomed at $5.3 billion in Q2 2024.
  • Historically, Operating Expenses has averaged $7.3 billion across 5 years, with a median of $7.3 billion in 2023.
  • The widest YoY moves for Operating Expenses: up 95.24% in 2022, down 33.02% in 2022.
  • Over 5 years, Operating Expenses stood at $9.2 billion in 2022, then dropped by 19.92% to $7.3 billion in 2023, then decreased by 20.17% to $5.9 billion in 2024, then climbed by 26.84% to $7.4 billion in 2025, then decreased by 12.05% to $6.5 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $6.5 billion, $9.9 billion, and $7.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vistra 50.90 Bn 49.03 Bn 3.16 Bn 392.00 Mn
2 Nrg Energy 24.41 Bn 24.25 Bn 2.01 Bn 6.54 Bn
3 Talen Energy 14.67 Bn 14.31 Bn - 186.00 Mn
4 Transalta 5.57 Bn 5.28 Bn 313.03 Mn 134.46 Mn
5 Kenon Holdings 3.60 Bn 1.85 Bn 84.00 Mn -24.00 Mn
6 Central Puerto 2.11 Bn -335.75 Bn - -
7 Hallador Energy 775.81 Mn 746.83 Mn 62.37 Mn 114.16 Mn
8 Net Power 30.94 Mn 30.94 Mn - 209.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.54 Bn
Mar 31, 2026 9.93 Bn
Dec 31, 2025 7.44 Bn
Sep 30, 2025 7.22 Bn
Jun 30, 2025 6.74 Bn
Mar 31, 2025 7.44 Bn
Dec 31, 2024 5.86 Bn
Sep 30, 2024 8.24 Bn
Jun 30, 2024 5.25 Bn
Mar 31, 2024 6.55 Bn
Dec 31, 2023 7.35 Bn
Sep 30, 2023 7.39 Bn
Jun 30, 2023 5.82 Bn
Mar 31, 2023 9.47 Bn
Dec 31, 2022 9.17 Bn
Sep 30, 2022 8.38 Bn
Jun 30, 2022 6.56 Bn
Mar 31, 2022 5.47 Bn
Dec 31, 2021 7.76 Bn
Sep 30, 2021 4.29 Bn