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Income/(Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
NRG's basic and diluted (loss)/ income per share
NRG's basic and diluted income/(loss) per share is shown in the following table:
Three months ended September 30,Nine months ended September 30,
(In millions, except per share data)2025202420252024
Basic income/(loss) per share:
Net income/(loss)$152 $(767)$798 $482 
Less: Cumulative dividends attributable to Series A Preferred Stock17 17 51 51 
Net income/(loss) available for common stockholders$135 $(784)$747 $431 
Weighted average number of common shares outstanding - basic193 207 196 207 
Income/(Loss) per weighted average common share — basic$0.70 $(3.79)$3.81 $2.08 
Diluted income/(loss) per share:
Net income/(loss)$152 $(767)$798 $482 
Less: Cumulative dividends attributable to Series A Preferred Stock17 17 51 51 
Net income/(loss) available for common stockholders$135 $(784)$747 $431 
Weighted average number of common shares outstanding - basic193 207 196 207 
Incremental shares attributable to the issuance of equity compensation (treasury stock method)— 
Incremental shares attributable to the potential share settlements of the Convertible Senior Notes (if converted method)— — 
Weighted average number of common shares outstanding - dilutive
195 207 201 213 
Income/(Loss) per weighted average common share — diluted$0.69 $(3.79)$3.72 $2.02