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| Date | Value |
|---|---|
| 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 |