Business Summary
NRG Energy, Inc. is one of the largest competitive energy retailers in the United States, serving approximately 8 million total customers — 6 million retail energy (electricity and natural gas) and 2 million smart home (Vivint) — across 25 U.S. states, the District of Columbia, and 8 Canadian provinces. The company also serves large commercial and industrial, data center, and wholesale customers. NRG operates under multiple consumer brands including NRG, Reliant, Direct Energy, Green Mountain Energy, and Vivint Smart Home.
Products & Services
- Retail Electricity & Natural Gas: Fixed, indexed, and month-to-month contracts for residential and business customers; terms from one month to five years for home customers, one to five years for business customers.
- Smart Home (Vivint): Full end-to-end smart home platform including security cameras, locks, thermostats, sensors, and professional monitoring; over 37 million connected in-home devices as of December 31, 2025; average...
AI-generated summary of Item 1 (Business) from the 10-K filed Feb 24, 2026 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Institutional holders · 13F
Q2 2026| Largest holders | Reported value |
|---|---|
| BlackRock Inc | $2.6B |
| FMR LLC | $2.5B |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.0B |
| FRANKLIN RESOURCES INC | $1.9B |
| STATE STREET CORPORATION | $1.6B |
Annual results · 10-K
Fiscal 2025- Revenue
- $30.7B
- Net income
- $864.0M
As reported in the fiscal 2025 annual report.
Funds & ETFs · N-PORT
Securities
Insider trades · Form 4
Latest filings
- Gerald Alfred Spencer 2026-09-09 Sell
- Brad Bentley 2026-08-05 Award
- Elisabeth B Donohue 2026-08-05 Award
- Heather Cox 2026-08-05 Award
- Antonio Carrillo 2026-08-05 Award
5%+ holders · 13D/G
5 filers| Filer | % of class | Filed |
|---|---|---|
| FRANKLIN RESOURCES INC 13G | 7.4% | 2026-10-28 |
| VANGUARD CAPITAL MANAGEMENT LLC 13G | 7.4% | 2026-04-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G | 5.3% | 2026-04-29 |
| FMR LLC 13G | 7.6% | 2025-11-05 |
| BlackRock Inc 13G | 7.7% | 2025-04-24 |
Latest Schedule 13D or 13G from each filer; stakes a filer has reported closed are left out.