NRG Energy, Inc. · NRG · Next earnings

NRG Energy, Inc. reports Monday, Nov 9, 2026

NRG reports before market open with consensus EPS at $3.35 and revenue at $8.42B. Last quarter: NRG Reaffirms 2026 Guidance as BYOP Project Adds a New Growth Engine

Reports Before market open4 days awayDate estimated Utilities

What the street expects

Consensus for the coming report
Consensus EPS $3.35 Calendar consensus
Consensus revenue $8.42B Calendar consensus
Report date Nov 9, 2026 Monday, date estimated
Session Before market open 4 days away

Where NRG left off: FY2026 Q2

Full report

NRG Reaffirms 2026 Guidance as BYOP Project Adds a New Growth Engine

EPS surprise -11.8% Reported $1.49 vs $1.69
Revenue surprise +2.3% Reported $7.48B vs $7.31B
Stock move -15.5% Event window
Subsequent drift -6.4% Up to 20 sessions

2026 guidance was maintained. Management said first-half results were affected by softer ERCOT prices and RGGI costs but remained within range.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Lower ERCOT load or power prices could pressure results.
  • Virginia’s re-entry into RGGI adds incremental cost.
  • The BYOP project faces execution, approvals, financing, and commodity-exposure risks.

Questions analysts left open

  • Execution and land-use approvals for the 1.2 GW Texas BYOP project.
  • Capacity-payment pricing, PPA economics, and hyperscaler credit quality.
  • Financing structure and leverage for the larger capital program.

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Recent NRG quarters

All NRG earnings
-15.5%FY2026 Q2-4.3%FY2026 Q1+4.3%FY2025 Q4-1.8%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.