NRG Energy Inc.
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of NRG Energy Inc. (NRG). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| East Segment [Member] | $4.51B 53.1% | $2.71B 40.5% | $6.36B 62.6% | $3.39B 46.2% |
| Texas Segment [Member] | $2.44B 28.7% | $2.83B 42.4% | $2.40B 23.6% | $2.75B 37.5% |
| West/Other | $1.06B 12.5% | $649.0M 9.7% | $865.0M 8.5% | $643.0M 8.8% |
| Vivint Smart Home | $485.0M 5.7% | $494.0M 7.4% | $531.0M 5.2% | $548.0M 7.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | Q1 2025 | Q2 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|
| East Segment [Member] | $701.0M 15.5% | -$346.0M -12.8% | $238.0M 3.7% | $506.0M 14.9% |
| Texas Segment [Member] | $337.0M 13.8% | $382.0M 13.5% | $29.0M 1.2% | $289.0M 10.5% |
| West/Other | $64.0M 6.0% | $142.0M 21.9% | $47.0M 5.4% | $154.0M 24.0% |
| Vivint Smart Home | $62.0M 12.8% | -$115.0M -23.3% | $78.0M 14.7% | $71.0M 13.0% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.