Nrg Energy (nrg) Reports Mixed Q1 Results, Reaffirms Fy 2026 Guidance
NRG Energy, Inc. (NYSE:NRG) is included among the 12 Best Electric Utility Stocks to Buy for the Data Center Surge.
NRG Energy, Inc. (NYSE:NRG) delivers innovative natural gas, electricity, and smart home solutions to customers large and small across North America.
NRG Energy, Inc. (NYSE:NRG) reported mixed results for its Q1 2026 on May 6. The company’s adjusted profit of $1.48 per share fell behind estimates by $0.25 due to the milder weather in Texas and increased costs. The utility’s operating costs surged by 33.4% to almost $10 billion, while its interest expenses soared by 75% YoY to $285 million, driven by the completed acquisition of power generation assets LS Power. However, NRG’s revenue for the quarter jumped by over 19% YoY to $10.26 billion, beating expectations by $1.62 billion.
That said, NRG Energy, Inc. (NYSE:NRG) reaffirmed its guidance for full-year 2026, saying that the business remains on track. Moreover, the utility reiterated its commitment to deliver at least 14% adjusted EPS and free cash flow per share growth over the next 5 years, before any contribution from Large Load or incremental development.
NRG Energy, Inc. (NYSE:NRG) was also recently included in our list of the 10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds.
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