The company reported GAAP Net Income of $152 million, Adjusted Net Income of $537 million, and Adjusted EBITDA of $1,205 million for Q3 2025. GAAP Net Loss for the same quarter a year earlier was $(767) million.

1. 01

   The company reported GAAP Net Income of $152 million, Adjusted Net Income of $537 million, and Adjusted EBITDA of $1,205 million for Q3 2025. GAAP Net Loss for the same quarter a year earlier was $(767) million.

2. 02

   NRG reaffirmed its recently raised 2025 Adjusted EBITDA guidance of $3,875 to $4,025 million and presented 2026 NRG standalone Adjusted EBITDA guidance of $3,925 to $4,175 million.

3. 03

   The company said Adjusted EBITDA for the Texas segment was $807 million for Q3 2025, $223 million higher than a year earlier, while the East segment came in at $107 million, $57 million lower.

4. 04

   The company said its board approved a new share repurchase authorization of $3 billion to be completed through 2028, and that it expects to complete $1 billion of repurchases in 2026. The annual common stock dividend is being raised by 8% to $1.90 per share.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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