Wednesday 4 November 2026 Export VST’s income statement to Excel — free account

Vistra Corp.

VST Utilities Utilities Independent Power Producers

Vistra Corp.’s revenue for fiscal 2025 (year ended December 2025) was $17.7 billion, up 2.98% from fiscal 2024.

Revenue: −5.48%
EPS: −6.10%
Free cash flow: +401.7%
Total debt: +17.8%

Quarter to June 2026, against a year earlier

126.49 13.10 −9.38%

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Market cap: $46.9B
P/E: 23.2×
Fwd P/E: 14.9×
Dividend yield: 0.66%
F-score: 5/9
Altman Z: 1.40
Beneish M: −2.54
Dividend safety: 59/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Vistra Corp. (VST) revenue by segment, product and region

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Retail	13,025 74.06%	11,659 78.99%	9,316 67.49%	9,110 58.28%	7,988 45.13%	8,219 75.75%	6,801 58.90%	5,549 56.64%
East	3,311 18.83%	1,823 12.35%	2,193 15.89%	3,319 21.23%	1,366 7.72%	926 8.53%	1,501 13.00%	1,310 13.37%
Texas	918 5.22%	821 5.56%	1,695 12.28%	1,973 12.62%	6,110 34.52%	701 6.46%	1,741 15.08%	1,263 12.89%
West	328 1.87%	420 2.85%	555 4.02%	618 3.95%	334 1.89%	178 1.64%	202 1.75%	203 2.07%
Asset Closure	4 0.02%	38 0.26%	45 0.33%	611 3.91%	538 3.04%	250 2.30%	207 1.79%	252 2.57%
Sunset	—	—	—	—	1,364 7.71%	576 5.31%	1,095 9.48%	1,220 12.45%
Revenue	17,586	14,761	13,804	15,631	17,700	10,850	11,547	9,797

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
East	‡	‡	‡	‡	‡	‡	‡	‡
Sunset	‡	‡	‡	‡	‡	‡	‡	‡
Retail	‡	‡	‡	‡	‡	‡	‡	‡
West	‡	‡	‡	‡	‡	‡	‡	‡
Texas	‡	‡	‡	‡	‡	‡	‡	‡
Asset Closure	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q2 FY2026	$7.1B	$2.7B	+166.37%

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q3 FY2018
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.