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

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

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

Nrg Energy has reported Operating Expenses for 18 years, with the latest figure at $9.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 33.37% year-over-year to $9.9 billion; the trailing twelve-month figure through Mar 2026 stood at $31.3 billion (up 16.87% YoY), and the FY2025 full-year result was $28.8 billion, up 11.3% from the prior year.
  • Operating Expenses for Q1 2026 stood at $9.9 billion, up from $7.4 billion in the prior quarter.
  • The five-year high for Operating Expenses was $9.9 billion in Q1 2026, with the low 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 largest YoY upside for Operating Expenses was 95.24% in 2022 against a maximum downside of 33.02% in 2022.
  • Nrg Energy's Operating Expenses 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Transalta 29,347,846.33 Bn 29,347,846.17 Bn 263.24 Mn 131.99 Mn
2 Kenon Holdings 3,754,999.92 Bn 3,755,000.22 Bn 48.00 Mn -27.00 Mn
3 Vistra 50.25 Bn 48.56 Bn 4.94 Bn 427.00 Mn
4 Nrg Energy 26.74 Bn 23.49 Bn 1.40 Bn 9.93 Bn
5 Talen Energy 16.64 Bn 16.60 Bn - 101.00 Mn
6 Oklo 9.89 Bn 9.89 Bn - 51.25 Mn
7 Digi Power X 420.60 Mn 363.72 Mn -801,636.00 5.14 Mn
8 Transalta - - 263.24 Mn 131.99 Mn
9 Transalta - - 263.24 Mn 131.99 Mn
10 Transalta - - 263.24 Mn 131.99 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