NRG Energy, Inc (NRG) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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NRG Energy, Inc cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $631,000,000.00Accounts receivable, net → Operating adjustments reconciliation: $910,000,000.00Depreciation of property, plant and equipment and amortization of customer relationships and other intangible assets → Operating adjustments reconciliation: $602,000,000.00Amortization of capitalized contract costs → Operating adjustments reconciliation: $324,000,000.00Provision for credit losses → Operating adjustments reconciliation: $104,000,000.00Amortization of unearned equity compensation → Operating adjustments reconciliation: $72,000,000.00Amortization of in-the-money contracts and emissions allowances → Operating adjustments reconciliation: $47,000,000.00Accretion of asset retirement obligations → Operating adjustments reconciliation: $17,000,000.00Changes in collateral deposits in support of risk management activities → Operating adjustments reconciliation: $14,000,000.00Amortization of financing costs and debt discounts/premiums → Operating adjustments reconciliation: $10,000,000.00Loss on debt extinguishment → Operating adjustments reconciliation: $9,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $317,000,000.00Operating adjustments reconciliation → Accounts payable: $780,000,000.00Operating adjustments reconciliation → Prepayments and other current assets: $441,000,000.00Operating adjustments reconciliation → Accrued expenses and other current liabilities: $164,000,000.00Operating adjustments reconciliation → Inventory: $156,000,000.00Operating adjustments reconciliation → Other assets and liabilities: $119,000,000.00Operating adjustments reconciliation → Changes in derivative instruments: $61,000,000.00Operating adjustments reconciliation → Net (gain)/loss on sale of assets and disposal of assets: $38,000,000.00Operating adjustments reconciliation → Changes in current and deferred income taxes and liability for uncertain tax benefits: $33,000,000.00Proceeds from credit facilities → financing reconciliation: $8,675,000,000.00Proceeds from issuance of long-term debt → financing reconciliation: $3,652,000,000.00Net receipts from settlement of acquired derivatives that include financing elements → financing reconciliation: $16,000,000.00financing reconciliation → Net cash from financing activities: $2,140,000,000.00financing reconciliation → Repayments to credit facilities: $7,226,000,000.00financing reconciliation → Repayments of long-term debt and finance leases: $1,619,000,000.00financing reconciliation → Payments for share repurchase activity and excise tax: $931,000,000.00financing reconciliation → Payments of dividends to preferred and common stockholders: $235,000,000.00financing reconciliation → Equivalent shares purchased in lieu of tax withholdings: $99,000,000.00financing reconciliation → Payments of deferred financing costs: $84,000,000.00financing reconciliation → Payments for debt extinguishment costs: $9,000,000.00Net cash used in investing activities → investing reconciliation: $7,709,000,000.00Proceeds from sales of assets, net → investing reconciliation: $44,000,000.00Sales of emissions allowances → investing reconciliation: $44,000,000.00investing reconciliation → Payments for acquisitions of businesses and assets, net of cash acquired: $7,101,000,000.00investing reconciliation → Capital expenditures: $655,000,000.00investing reconciliation → Purchases of emissions allowances: $41,000,000.00Exchange-rate effect → Cash sources and uses: $2,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $4,998,000,000.00Net cash from operating activities → Cash sources and uses: $948,000,000.00Net cash from financing activities → Cash sources and uses: $2,140,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $379,000,000.00Cash sources and uses → Net cash used in investing activities: $7,709,000,000.00Net income: $631,000,000.00Net income+$631.00 MDepreciation of property, plant and equipment and amortization of customer relationships and other intangible assets: $602,000,000.00D&A and accretion+$602.00 MAmortization of capitalized contract costs: $324,000,000.00Contract cost amortization+$324.00 MAccretion of asset retirement obligations: $17,000,000.00Asset retirement accretion+$17.00 MProvision for credit losses: $104,000,000.00Credit loss provision+$104.00 MAmortization of financing costs and debt discounts/premiums: $10,000,000.00Debt cost amortization+$10.00 MAmortization of in-the-money contracts and emissions allowances: $47,000,000.00In-the-money & allowance amort.+$47.00 MAmortization of unearned equity compensation: $72,000,000.00Stock-based compensation+$72.00 MNet (gain)/loss on sale of assets and disposal of assets: -$38,000,000.00Asset sale & disposal, net−$38.00 MGain on proceeds from insurance recoveries for Property, plant and equipment, net: $0.00Changes in derivative instruments: -$61,000,000.00Derivative balances, net−$61.00 MChanges in current and deferred income taxes and liability for uncertain tax benefits: -$33,000,000.00Income tax balances−$33.00 MChanges in collateral deposits in support of risk management activities: $14,000,000.00Risk management collateral+$14.00 MAccounts receivable, net: $910,000,000.00Accounts receivable+$910.00 MInventory: -$156,000,000.00Inventories−$156.00 MPrepayments and other current assets: -$441,000,000.00Prepaid & other assets−$441.00 MAccounts payable: -$780,000,000.00Accounts payable−$780.00 MAccrued expenses and other current liabilities: -$164,000,000.00Accrued & other liabilities−$164.00 MOther assets and liabilities: -$119,000,000.00Other working capital, net−$119.00 MLoss on debt extinguishment: $9,000,000.00Debt extinguishment gain & loss+$9.00 MNet cash from operating activities: $948,000,000.00Operating cash+$948.00 MOperating adjustments reconciliation: $2,109,000,000.00Equivalent shares purchased in lieu of tax withholdings: -$99,000,000.00Stock-award tax withholding−$99.00 MPayments for share repurchase activity and excise tax: -$931,000,000.00Common stock repurchases−$931.00 MPayments of dividends to preferred and common stockholders: -$235,000,000.00Ordinary dividends paid−$235.00 MProceeds from issuance of long-term debt: $3,652,000,000.00Debt issued+$3.65 BNet receipts from settlement of acquired derivatives that include financing elements: $16,000,000.00Financing derivatives, net+$16.00 MRepayments of long-term debt and finance leases: -$1,619,000,000.00Other debt repaid−$1.62 BRepayments to credit facilities: -$7,226,000,000.00Long-term credit line repayments−$7.23 BPayments of deferred financing costs: -$84,000,000.00Debt issuance costs−$84.00 MProceeds from credit facilities: $8,675,000,000.00Long-term credit line borrowings+$8.68 BPayments for debt extinguishment costs: -$9,000,000.00Debt extinguishment costs−$9.00 MNet cash from financing activities: $2,140,000,000.00Financing cash+$2.14 Bfinancing reconciliation: $12,343,000,000.00Payments for acquisitions of businesses and assets, net of cash acquired: -$7,101,000,000.00Acquisitions, net of cash−$7.10 BCapital expenditures: -$655,000,000.00PP&E purchases−$655.00 MProceeds from sales of assets, net: $44,000,000.00Investing asset sales+$44.00 MPurchases of emissions allowances: -$41,000,000.00Emissions allowance purchases−$41.00 MProceeds from insurance recoveries for Property, plant and equipment, net: $0.00Sales of emissions allowances: $44,000,000.00Intangible asset sales+$44.00 MNet cash used in investing activities: -$7,709,000,000.00. Cash required to fund net payments.Investing cash−$7.71 Binvesting reconciliation: $7,797,000,000.00Cash sources and uses: $8,088,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $4,998,000,000.00Beginning cash$5.00 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $379,000,000.00Ending cash$379.00 MExchange-rate effect: $2,000,000.00FX effect+$2.00 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$293.00 MOperating cash − cash spent on PP&ECash flow / Net income1.50×Operating cash flow ÷ net incomeNet cash change−$4.62 BEnding cash − beginning cash
Chart details

NRG Energy, Inc cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
4,998,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
948,000,000 US dollars. Net cash provided.
Net income
631,000,000 US dollars
Depreciation of property, plant and equipment and amortization of customer relationships and other intangible assets
602,000,000 US dollars
Amortization of capitalized contract costs
324,000,000 US dollars
Accretion of asset retirement obligations
17,000,000 US dollars
Provision for credit losses
104,000,000 US dollars
Amortization of financing costs and debt discounts/premiums
10,000,000 US dollars
Amortization of in-the-money contracts and emissions allowances
47,000,000 US dollars
Amortization of unearned equity compensation
72,000,000 US dollars
Net (gain)/loss on sale of assets and disposal of assets
negative 38,000,000 US dollars
Gain on proceeds from insurance recoveries for Property, plant and equipment, net
0 US dollars
Changes in derivative instruments
negative 61,000,000 US dollars
Changes in current and deferred income taxes and liability for uncertain tax benefits
negative 33,000,000 US dollars
Changes in collateral deposits in support of risk management activities
14,000,000 US dollars
Accounts receivable, net
910,000,000 US dollars
Inventory
negative 156,000,000 US dollars
Prepayments and other current assets
negative 441,000,000 US dollars
Accounts payable
negative 780,000,000 US dollars
Accrued expenses and other current liabilities
negative 164,000,000 US dollars
Other assets and liabilities
negative 119,000,000 US dollars
Loss on debt extinguishment
9,000,000 US dollars
Investing activities
negative 7,709,000,000 US dollars. Net cash used.
Payments for acquisitions of businesses and assets, net of cash acquired
negative 7,101,000,000 US dollars
Capital expenditures
negative 655,000,000 US dollars
Proceeds from sales of assets, net
44,000,000 US dollars
Purchases of emissions allowances
negative 41,000,000 US dollars
Proceeds from insurance recoveries for Property, plant and equipment, net
0 US dollars
Sales of emissions allowances
44,000,000 US dollars
Financing activities
2,140,000,000 US dollars. Net cash provided.
Equivalent shares purchased in lieu of tax withholdings
negative 99,000,000 US dollars
Payments for share repurchase activity and excise tax
negative 931,000,000 US dollars
Payments of dividends to preferred and common stockholders
negative 235,000,000 US dollars
Proceeds from issuance of long-term debt
3,652,000,000 US dollars
Net receipts from settlement of acquired derivatives that include financing elements
16,000,000 US dollars
Repayments of long-term debt and finance leases
negative 1,619,000,000 US dollars
Repayments to credit facilities
negative 7,226,000,000 US dollars
Payments of deferred financing costs
negative 84,000,000 US dollars
Proceeds from credit facilities
8,675,000,000 US dollars
Payments for debt extinguishment costs
negative 9,000,000 US dollars
Operating adjustment reconciliation
2,109,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
12,343,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
7,797,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
2,000,000 US dollars
Ending cash on Jun 30, 2026
379,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
8,088,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 4,619,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.50×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
948,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
655,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
293,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $317.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 948,000,000 US dollars minus 655,000,000 US dollars equals 293,000,000 US dollars.
NRG Energy, Inc (NRG) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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