NRG Energy Inc.

(NYSE:NRG) stock traded lower Tuesday after the power and smart-home company reported second-quarter 2026 adjusted earnings below expectations, despite stronger-than-expected revenue and reaffirmed full-year guidance.

Adjusted EPS of $1.49 missed the $1.72 estimate, while revenue rose 11% to $7.481 billion and beat the $7.312 billion estimate.

Earnings And One-Time Impacts GAAP net income was $506 million, or $2.32 per basic share, compared with a $104 million loss, or 62 cents per share, a year earlier.

Adjusted net income declined to $315 million from $339 million, while adjusted EBITDA rose 34% to $1.217 billion.