Nrg Energy (NRG) Operating Expenses (2009 - 2026)
Nrg Energy's (NRG) quarterly Operating Expenses came in at $9.9 billion in Q1 2026, up 33.37% YoY from $7.4 billion in Q1 2025, and up 33.48% on a QoQ basis from $7.4 billion in Q4 2025.
Nrg Energy (NRG) Operating Expenses (2009 - 2026) Analysis & Trends
Nrg Energy (NRG) has 18 years of Operating Expenses data on file, last reported at $9.9 billion in Q1 2026.
- Quarterly Operating Expenses rose 33.37% year-over-year to $9.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $31.3 billion (up 16.87% YoY) and the FY2025 annual result came in at $28.8 billion, up 11.3% from the prior year.
- Operating Expenses grew to $9.9 billion in Q1 2026, from $7.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $9.9 billion in Q1 2026 to a low of $5.3 billion in Q2 2024.
- A 5-year average of $7.3 billion and a median of $7.3 billion in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 95.24% in 2022, down 33.02% in 2022.
- Tracing NRG's Operating Expenses over 5 years: stood at $9.2 billion in 2022, then decreased by 19.92% to $7.3 billion in 2023, then fell by 20.17% to $5.9 billion in 2024, then gained by 26.84% to $7.4 billion in 2025, then soared by 33.48% to $9.9 billion in 2026.
- The last three Operating Expenses figures came in at $9.9 billion (Q1 2026), $7.4 billion (Q4 2025), and $7.2 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.81 Bn | 44.94 Bn | 3.16 Bn | 392.00 Mn |
| 2 | Nrg Energy | 24.30 Bn | 24.14 Bn | 2.01 Bn | 6.54 Bn |
| 3 | Talen Energy | 14.61 Bn | 14.25 Bn | - | 186.00 Mn |
| 4 | Oklo | 7.31 Bn | 7.31 Bn | - | 74.40 Mn |
| 5 | Transalta | 3.81 Bn | 3.54 Bn | 313.03 Mn | 126.51 Mn |
| 6 | Kenon Holdings | 3.41 Bn | 2.08 Bn | 84.00 Mn | -23.00 Mn |
| 7 | Digi Power X | 334.66 Mn | 206.54 Mn | -5.52 Mn | 4.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |