NRG Energy Beats Q3 2026 Estimates as Revenue Rises 24% to $9.47B

NRG Energy (NRG) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $9.47 billion, up 24% from a year earlier, above the $8.42 billion estimate, and adjusted EPS was $4.68, up 70% from a year earlier, above the $3.35 estimate.

Shares rose 4.1% in premarket trading as of 6:46 a.m. ET, to $91.90 from a $88.29 close.

Q3 2026 scorecard

By our calculation, revenue was $1.04 billion above the estimate and adjusted EPS was $1.33 above it. The QoQ column compares with the previous quarter's revenue of $7.48 billion and adjusted EPS of $1.49. The YoY column compares with $7.63 billion and $2.75 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 7 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $7.63 billion, $7.76 billion, $10.29 billion, $7.48 billion and $9.47 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $2.27 and revenue of $8.58 billion next quarter, based on 4 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 24% increase to $9.47 billion.
• Estimate record. Whether NRG Energy extends a record of beating EPS estimates in 4 of its last 8 reports.
• Related coverage. See our reports on Somnigroup International, Kodiak Gas Services, Dole and National Energy Services Reunited.

Sources: Results are from NRG Energy's Nov. 9, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from NRG Energy's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.