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

Nrg Energy (NRG) posted Operating Expenses of $9.9 billion for Q1 2026, up 33.48% on a QoQ basis from $7.4 billion in Q4 2025, and up 33.37% year-over-year from $7.4 billion in Q1 2025.

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

Nrg Energy's Operating Expenses history runs 18 years deep, the most recent figure standing at $9.9 billion for 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 was $9.9 billion for Q1 2026 at Nrg Energy, up from $7.4 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.
  • A 5-year average of $7.3 billion and a median of $7.3 billion in 2023 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 95.24% in 2022, while the deepest fall reached 33.02% in 2022.
  • Nrg Energy's 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 surged by 33.48% to $9.9 billion in 2026.
  • Business Quant data shows NRG's Operating Expenses at $9.9 billion in Q1 2026, $7.4 billion in Q4 2025, and $7.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vistra 52.84 Bn 51.14 Bn 4.94 Bn 427.00 Mn
2 Nrg Energy 28.17 Bn 28.12 Bn 1.40 Bn 9.93 Bn
3 Talen Energy 15.71 Bn 15.67 Bn - 24.00 Mn
4 Oklo 7.13 Bn 7.13 Bn - 51.25 Mn
5 Transalta 3.99 Bn 3.46 Bn 263.24 Mn 127.61 Mn
6 Kenon Holdings 3.66 Bn 1.86 Bn 48.00 Mn -27.00 Mn
7 Digi Power X 264.61 Mn 206.80 Mn -801,636.00 5.14 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 3.69 Bn