NRG Energy Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	864	1,125	-202	1,221	2,187
Depreciation & Amortization	1,554	1,547	1,531	955	981
Stock-Based Compensation	134	102	101	28	21
Other Adjustments	930	396	931	-1,964	-2,563
Change in Receivables	-760	-366	1,004	-1,560	-1,232
Changes in Inventories	30	111	189	-252	-61
Changes in Accounts Payable	192	170	-1,455	1,295	476
Changes in Accrued Expenses	28	136	360	-29	-55
Changes in Other Operating Activities	-1,059	-915	-2,680	1,355	50
Operating Cash Flow	1,913	2,306	-221	360	493
Operating Cash Flow Growth	-17.04%	-	-	-26.98%	-73.16%
Capital Expenditures	-1,147	-472	-598	-367	-269
Sale of Property, Plant & Equipment	106	504	2,247	109	830
Purchases of Investments	-	-	-367	-454	-751
Proceeds from Sale of Investments	-	-	355	448	710
Payments for Business Acquisitions	-596	-38	-2,523	-62	-3,559
Other Investing Activities	-1	-18	-24	-6	-
Investing Cash Flow	-1,638	-24	-910	-332	-3,039
Short-Term Debt Issued	1,575	1,050	3,020	-	1,415
Short-Term Debt Repaid	-1,575	-1,050	-3,020	-	-1,415
Long-Term Debt Issued	6,676	3,200	731	-	1,100
Long-Term Debt Repaid	-1,005	-3,517	-523	-5	-1,926
Net Long-Term Debt Issued (Repaid)	5,671	-317	208	-5	-826
Issuance of Common Stock	-	-	-	-	1
Repurchase of Common Stock	-1,403	-985	-1,172	-606	-48
Net Common Stock Issued (Repurchased)	-1,403	-985	-1,172	-606	-47
Issuance of Preferred Stock	-	-	635	-	-
Net Preferred Stock Issued (Repurchased)	-	-	635	-	-
Common Dividends Paid	-411	-405	-381	-332	-319
Other Financing Activities	-311	-310	310	1,986	855
Financing Cash Flow	3,546	-1,755	-400	1,043	-272
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4	-3	2	-3	-2
Net Cash Flow	3,825	524	-1,529	1,068	-2,820
Free Cash Flow	766	1,834	-819	-7	224
Free Cash Flow Growth	-58.23%	-	-	-	-86.06%
FCF Margin	2.49%	6.52%	-2.84%	-0.02%	0.83%
Free Cash Flow Per Share	3.85	8.65	-3.59	-0.03	0.91
Levered Free Cash Flow	6,066	1,318	-2,701	4,173	2,483
Unlevered Free Cash Flow	1,004	2,460	-2,289	4,439	3,678

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.