Vistra VST Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Segment Reporting, Other Segment Item, Amount by Business | ||||||
| Asset Closure | -$4M-103% | $134M+13,500% | -$1M0.0% | -$1M0.0% | -$1M+66.7% | |
| East | $34M+197% | -$35M+63.2% | -$95M+12.0% | -$108M-1,300% | $9M— | |
| Retail | -$1M-200% | $1M+200% | -$1M— | $0— | $0— | |
| Texas | $0+100% | -$42M— | $0+100% | -$12M-500% | -$2M+66.7% | |
| West | $0+100% | -$4M-300% | -$1M— | $0— | $0-100% | |
| Total revenue from contracts with customers by Business | ||||||
| Asset Closure | $6M-87.5% | $48M+2,300% | $2M-90.0% | $20M+400% | $4M-60.0% | |
| East | $2.26B+44.5% | $1.56B-10.6% | $1.75B+18.2% | $1.48B+7.2% | $1.38B-2.8% | |
| Retail | $3.69B+5.4% | $3.5B-15.4% | $4.14B+17.2% | $3.53B+11.5% | $3.17B+9.8% | |
| Texas | $2.99B+92.0% | $1.56B-13.5% | $1.8B+0.6% | $1.79B+751% | $210M-55.3% | |
| West | $89M— | —— | $165M+143% | $68M-56.7% | $157M+13.8% | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Asset Closure | -$20M+85.9% | -$142M-446% | -$26M+39.5% | -$43M+36.8% | -$68M-23.6% | |
| East | $176M+335% | -$75M-121% | $354M+195% | $120M+124% | -$490M-1,681% | |
| Retail | -$724M-326% | $321M+903% | -$40M+67.5% | -$123M-111% | $1.13B+15.0% | |
| Texas | $2.09B+228% | $638M-22.5% | $823M-4.6% | $863M+220% | -$720M— | |
| West | $34M— | —— | $105M+310% | -$50M-165% | $77M+75.0% | |
| Interest Expense, Nonoperating by Business | ||||||
| Asset Closure | $0-100% | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | |
| East | -$22M-57.1% | -$14M+12.5% | -$16M-100% | -$8M+33.3% | -$12M-140% | |
| Retail | $13M-7.1% | $14M-22.2% | $18M+5.9% | $17M-5.6% | $18M+12.5% | |
| Texas | -$14M-16.7% | -$12M-33.3% | -$9M+50.0% | -$18M-28.6% | -$14M-7.7% | |
| West | -$3M0.0% | -$3M-50.0% | -$2M-100% | -$1M0.0% | -$1M— | |
| Selling, General and Administrative Expense by Business | ||||||
| Asset Closure | $15M+7.1% | $14M-12.5% | $16M-15.8% | $19M+11.8% | $17M+21.4% | |
| East | $50M-16.7% | $60M+1.7% | $59M+1.7% | $58M0.0% | $58M+5.5% | |
| Retail | $256M-3.8% | $266M-1.5% | $270M+5.5% | $256M+5.3% | $243M-7.3% | |
| Texas | $59M+1.7% | $58M+52.6% | $38M-11.6% | $43M+4.9% | $41M-22.6% | |
| West | $3M0.0% | $3M+50.0% | $2M-71.4% | $7M+250% | $2M-66.7% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Asset Closure | $3M— | $0— | $0+100% | -$1M0.0% | -$1M-114% | |
| East | $265M+8.6% | $244M0.0% | $244M-22.8% | $316M0.0% | $316M+1.3% | |
| Retail | $10M-58.3% | $24M+4.3% | $23M-4.2% | $24M+4.3% | $23M-20.7% | |
| Texas | $174M+8.1% | $161M+0.6% | $160M-4.2% | $167M+11.3% | $150M-5.1% | |
| West | $14M-12.5% | $16M+14.3% | $14M-12.5% | $16M+6.7% | $15M0.0% | |
| Other Cost and Expense, Operating by Business | ||||||
| Asset Closure | $12M-70.7% | $41M+242% | $12M-73.3% | $45M-19.6% | $56M+24.4% | |
| East | $373M+3.3% | $361M+6.8% | $338M-4.8% | $355M+8.6% | $327M-0.6% | |
| Retail | $38M+2.7% | $37M-31.5% | $54M+45.9% | $37M-7.5% | $40M-2.4% | |
| Texas | $261M-4.0% | $272M+11.9% | $243M-12.3% | $277M+7.4% | $258M+6.2% | |
| West | $16M+14.3% | $14M-6.7% | $15M-16.7% | $18M+50.0% | $12M-7.7% | |
| Cost Of Fuel Purchased Power And Delivery by Business | ||||||
| Asset Closure | $0— | $0— | $0— | $0— | $0-100% | |
| East | $1.38B+35.3% | $1.02B+18.1% | $866M+16.1% | $746M-36.3% | $1.17B+67.9% | |
| Retail | $4.1B+44.4% | $2.84B-25.6% | $3.82B+14.9% | $3.32B+94.0% | $1.71B+10.3% | |
| Texas | $416M-13.5% | $481M-11.6% | $544M+16.2% | $468M-5.8% | $497M+43.2% | |
| West | $25M-16.7% | $30M-6.3% | $32M-8.6% | $35M-32.7% | $52M-3.7% | |
| Capital expenditures, including nuclear fuel and excluding growth expenditures by Business | ||||||
| Asset Closure | $0— | $0— | $0— | $0— | $0-100% | |
| East | $124M-38.9% | $203M+44.0% | $141M+11.9% | $126M-28.8% | $177M+7.9% | |
| Retail | $3M+50.0% | $2M0.0% | $2M-60.0% | $5M+66.7% | $3M+200% | |
| Texas | $219M-8.8% | $240M+75.2% | $137M-56.2% | $313M+18.6% | $264M+27.5% | |
| West | $26M-62.3% | $69M+43.8% | $48M+23.1% | $39M+30.0% | $30M+25.0% | |
| Net Capacity (MW) by Business | ||||||
| East | 1.2K0.0% | 1.2K0.0% | 1.2K0.0% | 1.2K0.0% | 1.2K0.0% | |
| Texas | 6500.0% | 6500.0% | 6500.0% | 6500.0% | 6500.0% | |
| Amortization of nuclear fuel by Business | ||||||
| East | $90M+7.1% | $84M-10.6% | $94M-2.1% | $96M+20.0% | $80M-14.0% | |
| Texas | $36M-2.7% | $37M+5.7% | $35M+16.7% | $30M-3.2% | $31M+24.0% | |
| Impairment of long-lived and other assets by Business | ||||||
| Moss Landing Battery Energy Storage System Phase II | $155M— | —— | —— | —— | —— | |
| Total revenues by Product | ||||||
| Business interruption insurance proceeds | $6M-93.8% | $96M+9,500% | $1M-95.2% | $21M— | $0— | |
| Hedging revenues — realized | -$3M-104% | $69M+164% | -$108M-125% | $427M+119% | $195M-50.9% | |
| Hedging revenues — unrealized | $636M+237% | -$465M-387% | $162M+224% | $50M+110% | -$513M— | |
| Intangible amortization and other revenues | -$2M— | $0+100% | -$7M-40.0% | -$5M-400% | -$1M— | |
| Intersegment sales | -$2.32B-12.5% | -$2.06B+28.5% | -$2.89B-11.2% | -$2.6B-21.4% | -$2.14B-145% | |
| Intersegment sales — unrealized | -$1.07B— | —— | —— | —— | $1.15B— | |
| Total other revenues | -$3.39B-64.7% | -$2.06B+28.6% | -$2.89B-11.2% | -$2.6B-163% | -$986M-11.5% | |
| Transferable PTC revenues | $2M-97.4% | $78M-46.2% | $145M+3,525% | $4M+100% | $2M-99.6% | |
| Total revenue from contracts with customers by Product | ||||||
| Capacity revenue from ISO/RTO | $122M+24.5% | $98M+24.1% | $79M+163% | $30M+50.0% | $20M0.0% | |
| Retail energy charge in ERCOT | $1.89B-8.8% | $2.08B-23.1% | $2.7B+22.3% | $2.21B+11.1% | $1.99B+8.9% | |
| Retail energy charge in Northeast/Midwest | $1.26B+7.3% | $1.17B+11.3% | $1.05B+32.9% | $793M-23.7% | $1.04B+16.7% | |
| Revenue from other wholesale contracts | $350M+16.3% | $301M+14.0% | $264M+5.6% | $250M-24.5% | $331M+37.3% | |
| Wholesale generation revenue from ISO/RTO | $1.38B+18.9% | $1.16B+69.4% | $683M+44.1% | $474M-45.8% | $874M+27.0% | |
| Inventories — net by Product | ||||||
| Fuel stock and natural gas in storage | $427M+2.4% | $417M— | —— | —— | —— | |
| Materials and supplies | $603M+0.7% | $599M— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Vistra break its business down?
- Vistra (VST) reports segment reporting, other segment item, amount by business across 5 parts — Asset Closure, East, Retail, Texas and West. Each is extracted from the segment footnotes and tracked over time.
- Where does Vistra's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Vistra's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
