NRG Energy Q4 FY25: where the revenue came from and where it went
The whole income statement of NRG Energy for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 24, 2026
Revenue$7.75B
+14% year over year
Gross profit$1.42B
18% margin
Operating profit$0.30B
4% margin
Net profit$0.07B
1% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 7.75 | 100% | +14% |
| Retail | 7.53 | 97% | +14% |
| Energy | 0.10 | 1% | −11% |
| Capacity | 0.09 | 1% | |
| Products & services other | 0.05 | 1% | −37% |
| Cost of revenue | −6.33 | 82% | |
| Gross profit | 1.42 | 18% margin | −10pp |
| SG&A | −0.72 | 9% | +0pp |
| Other | −0.41 | 6% | +0pp |
| Operating profit | 0.30 | 4% margin | −10pp |
| Interest & other costs | −0.23 | ||
| Net profit | 0.07 | 1% margin | −9pp |
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