NRG Energy, Inc. has exceeded earnings expectations with fourth-quarter 2025 earnings of $1.03 per share, beating estimates by 2%, while total revenues reached $7.75 billion. Following its acquisition of LS Power, NRG is set to nearly double its generation capacity to 25 gigawatts, and is projecting adjusted net income for 2026 to be between $1.685 billion and $2.115 billion. The company has gained 6.2% in stock price over the past three months, reflecting a total return of about 71% over the year.