For the year ending 2025-12-31, NRG has $29,140M in assets. $27,459M in debts. $4,708M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 4,708 | 966 | 541 | 430 |
| Funds deposited by counterparties | 260 | 199 | 84 | 1,708 |
| Restricted cash | 30 | 8 | 24 | 40 |
| Accounts receivable, net | 4,065 | 3,488 | 3,542 | 4,773 |
| Uplift securitization proceeds receivable from ercot | - | - | - | 0 |
| Inventory | 461 | 478 | 607 | 751 |
| Derivative instruments | 2,189 | 2,686 | 3,862 | 7,886 |
| Cash collateral paid in support of energy risk management activities | 365 | 309 | 441 | 260 |
| Prepayments and other current assets | 1,069 | 830 | 626 | 383 |
| Total current assets | 13,147 | 8,964 | 9,727 | 16,231 |
| Property, plant and equipment, net | 3,632 | 2,021 | 1,763 | 1,692 |
| Equity investments in affiliates | 16 | 45 | 42 | 133 |
| Operating lease right-of-use assets, net | 130 | 151 | 179 | 225 |
| Goodwill | 5,017 | 5,011 | 5,079 | 1,650 |
| Balance at end of period | - | - | - | 4,244 |
| Less accumulated amortization | - | - | - | 2,112 |
| Intangible assets, net-Customer Relationships | 1,203 | 1,538 | 2,164 | - |
| Intangible assets, net | - | - | - | 2,132 |
| Intangible assets, net-Other Intangible Assets | 1,106 | 1,370 | 1,763 | - |
| Nuclear decommissioning trust fund | - | - | 0 | 838 |
| Derivative instruments | 1,568 | 1,710 | 2,293 | 4,108 |
| Deferred income taxes | 1,843 | 2,067 | 2,251 | 1,881 |
| Other non-current assets | 1,478 | 1,145 | 777 | 256 |
| Total other assets | 12,361 | 13,037 | 14,548 | 11,223 |
| Total assets | 29,140 | 24,022 | 26,038 | 29,146 |
| Current portion of long-term debt and finance leases | 31 | 996 | 620 | 63 |
| Current portion of operating lease liabilities | 35 | 66 | 90 | 83 |
| Accounts payable | 2,834 | 2,513 | 2,325 | 3,643 |
| Derivative instruments | 2,257 | 2,297 | 4,019 | 6,195 |
| Cash collateral received in support of energy risk management activities | 260 | 199 | 84 | 1,708 |
| Deferred revenue current | 748 | 711 | 720 | - |
| Accrued expenses and other current liabilities | 1,864 | 2,031 | 1,642 | 1,290 |
| Total current liabilities | 8,029 | 8,813 | 9,500 | 12,982 |
| Long-term debt and finance leases | 16,412 | 9,812 | 10,133 | 7,976 |
| Non-current operating lease liabilities | 144 | 117 | 128 | 180 |
| Nuclear decommissioning reserve | - | - | 0 | 340 |
| Nuclear decommissioning trust liability | - | - | 0 | 477 |
| Derivative instruments | 1,103 | 1,107 | 1,488 | 2,246 |
| Deferred income taxes | 15 | 12 | 22 | 134 |
| Deferred revenue non-current | 895 | 862 | 914 | - |
| Other non-current liabilities | 861 | 821 | 947 | 983 |
| Total other liabilities | 19,430 | 12,731 | 13,632 | 12,336 |
| Total liabilities | 27,459 | 21,544 | 23,132 | 25,318 |
| Preferred stock 10,000,000 shares authorized 650,000 series a shares issued and outstanding at december31, 2025 and 2024 (aggregate liquidation preference 650) | 650 | 650 | 650 | - |
| Common stock 0.01 par value 500,000,000 shares authorized 199,828,615 and 205,064,058 shares issued and 190,376,607 and 198,604,003 shares outstanding at december31, 2025 and2024, respectively | 2 | 2 | 3 | 4 |
| Additional paid-in capital | 215 | 705 | 3,416 | 8,457 |
| Retained earnings | 1,982 | 1,535 | 820 | 1,408 |
| Treasury stock, at cost 9,452,008 and 6,460,055 shares at december31, 2025 and 2024, respectively | 1,087 | 297 | 1,892 | 5,864 |
| Accumulated other comprehensive loss | -81 | -117 | -91 | -177 |
| Total stockholders' equity | 1,681 | 2,478 | 2,906 | 3,828 |
| Total liabilities and stockholders' equity | 29,140 | 24,022 | 26,038 | 29,146 |
NRG ENERGY, INC. (NRG)
NRG ENERGY, INC. (NRG)