NRG Energy (NRG) revenue breakdown
By segment, East is the largest at 46% of fiscal 2025 revenue; West/Other grew fastest, 41% a year over 6 years.
By product, Total retail revenue is the largest at 96% of fiscal 2025 revenue, growing 58% a year over 3 years.
Revenue by segment
Fiscal years, as NRG Energy reports them in its 10-K filings; fiscal 2025 total $30.4B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| East | — | — | $2.2B | $2.1B | $1.9B | $12.9B | $16.7B | $12.2B | $11.5B | $14.1B | 46% |
| Texas | — | — | $5.3B | $5.5B | $6.3B | $10.2B | $10.1B | $10.4B | $10.6B | $11.1B | 37% |
| West/Other | — | — | — | $411M | $481M | $3.8B | $4.8B | $4.1B | $3.7B | $3.2B | 10% |
| Vivint Smart Home | — | — | — | — | — | — | — | $1.6B | $1.9B | $2.0B | 7% |
| Retail | $6.3B | $6.4B | — | — | — | — | — | — | — | — | — |
| Generation | $3.6B | $3.6B | — | — | — | — | — | — | — | — | — |
| West/Other | — | — | $703M | — | — | — | — | — | — | — | — |
| Corporate | $74M | — | — | — | — | — | — | — | — | — | — |
| Corporate | — | $13M | — | — | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as NRG Energy reports them in its 10-K filings; fiscal 2025 total $30.7B.
| Products | 2020 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Total retail revenue | $7.5B | $27.5B | $27.1B | $29.5B | 96% |
| Energy revenue | $539M | $553M | $500M | $590M | 2% |
| Other revenue | — | — | $336M | $294M | 1% |
| Capacity revenue | $680M | $197M | $177M | $280M | 1% |
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In fiscal 2025, by segment: East $14.1B, Texas $11.1B, West/Other $3.2B, Vivint Smart Home $2.0B.
From NRG Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.