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
Download Data
Historic 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 |