Vistra VST Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Segment Reporting, Other Segment Item, Amount by Business | ||||||
| Asset Closure | $128M-2.3% | $131M+2,283% | -$6M+50.0% | -$12M+20.0% | -$15M+11.8% | |
| East | -$204M+10.9% | -$229M-18.0% | -$194M+1.0% | -$196M-50.8% | -$130M+26.6% | |
| Retail | -$1M— | $0+100% | -$1M— | $0— | $0-100% | |
| Texas | -$54M+3.6% | -$56M-180% | -$20M+53.5% | -$43M-22.9% | -$35M0.0% | |
| West | -$5M0.0% | -$5M-200% | $5M0.0% | $5M-16.7% | $6M0.0% | |
| Total revenue from contracts with customers by Business | ||||||
| Asset Closure | $76M+2.7% | $74M+106% | $36M-20.0% | $45M+32.4% | $34M-12.8% | |
| East | $7.05B+14.3% | $6.17B+2.4% | $6.03B-1.7% | $6.13B-0.8% | $6.19B+9.3% | |
| Retail | $14.86B+3.6% | $14.34B+4.5% | $13.72B-0.8% | $13.84B+2.7% | $13.47B+5.3% | |
| Texas | $8.13B+51.9% | $5.35B+25.5% | $4.27B-36.4% | $6.71B+30.5% | $5.15B-4.6% | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Asset Closure | -$231M+17.2% | -$279M-45.3% | -$192M-3.2% | -$186M-6.9% | -$174M-32.8% | |
| East | $575M+732% | -$91M-707% | $15M-92.0% | $187M-68.0% | $585M-35.1% | |
| Retail | -$566M-144% | $1.29B-33.9% | $1.95B+155% | $767M-57.1% | $1.79B+47.0% | |
| Texas | $4.42B+175% | $1.6B— | —— | —— | —— | |
| Interest Expense, Nonoperating by Business | ||||||
| Asset Closure | $3M-25.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | |
| East | -$60M-20.0% | -$50M-22.0% | -$41M-41.4% | -$29M-31.8% | -$22M-144% | |
| Retail | $62M-7.5% | $67M-2.9% | $69M+3.0% | $67M+1.5% | $66M+22.2% | |
| Texas | -$53M0.0% | -$53M+1.9% | -$54M+3.6% | -$56M-12.0% | -$50M-8.7% | |
| West | -$9M-28.6% | -$7M-75.0% | -$4M-33.3% | -$3M-50.0% | -$2M-100% | |
| Selling, General and Administrative Expense by Business | ||||||
| Asset Closure | $64M-3.0% | $66M0.0% | $66M+11.9% | $59M+7.3% | $55M+14.6% | |
| East | $227M-3.4% | $235M+2.2% | $230M+13.3% | $203M+14.0% | $178M+20.3% | |
| Retail | $1.05B+1.3% | $1.04B+0.4% | $1.03B+0.4% | $1.03B+3.2% | $995M+1.8% | |
| Texas | $198M+10.0% | $180M+2.9% | $175M-1.1% | $177M+1.1% | $175M+3.6% | |
| West | $15M+7.1% | $14M-17.6% | $17M-26.1% | $23M+27.8% | $18M-10.0% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Asset Closure | $2M+200% | -$2M-140% | $5M-58.3% | $12M-40.0% | $20M-28.6% | |
| East | $1.07B-4.6% | $1.12B-5.7% | $1.19B+0.3% | $1.19B+7.5% | $1.1B+10.6% | |
| Retail | $81M-13.8% | $94M-5.1% | $99M-7.5% | $107M-6.1% | $114M0.0% | |
| Texas | $662M+3.8% | $638M+0.5% | $635M+0.8% | $630M+5.5% | $597M+2.8% | |
| West | $60M-1.6% | $61M+1.7% | $60M-1.6% | $61M+3.4% | $59M+1.7% | |
| Other Cost and Expense, Operating by Business | ||||||
| Asset Closure | $110M-28.6% | $154M-2.5% | $158M-4.2% | $165M+17.9% | $140M+38.6% | |
| East | $1.43B+3.3% | $1.38B+2.4% | $1.35B+3.2% | $1.31B+4.6% | $1.25B+13.2% | |
| Retail | $166M-1.2% | $168M-2.3% | $172M+4.2% | $165M-1.8% | $168M+5.7% | |
| Texas | $1.05B+0.3% | $1.05B+2.8% | $1.02B+0.1% | $1.02B+2.3% | $997M+0.1% | |
| West | $63M+6.8% | $59M+1.7% | $58M+7.4% | $54M+1.9% | $53M+1.9% | |
| Cost Of Fuel Purchased Power And Delivery by Business | ||||||
| Asset Closure | $0— | $0-100% | $1M-66.7% | $3M-25.0% | $4M-33.3% | |
| East | $4.02B+5.6% | $3.81B+9.3% | $3.48B+0.2% | $3.48B+7.8% | $3.22B+19.5% | |
| Retail | $14.07B+20.4% | $11.69B+12.4% | $10.4B-11.1% | $11.7B+13.2% | $10.34B+0.6% | |
| Texas | $1.91B-4.1% | $1.99B+7.2% | $1.86B+3.2% | $1.8B+5.1% | $1.71B+7.3% | |
| West | $122M-18.1% | $149M-13.9% | $173M-7.0% | $186M-2.6% | $191M-12.4% | |
| Capital expenditures, including nuclear fuel and excluding growth expenditures by Business | ||||||
| Asset Closure | $0— | $0-100% | $1M0.0% | $1M-50.0% | $2M0.0% | |
| East | $594M-8.2% | $647M+6.4% | $608M-0.3% | $610M-5.6% | $646M+16.0% | |
| Retail | $12M0.0% | $12M+9.1% | $11M-8.3% | $12M+71.4% | $7M+75.0% | |
| Texas | $909M-4.7% | $954M+3.6% | $921M-12.9% | $1.06B+42.1% | $744M-6.5% | |
| West | $182M-2.2% | $186M+31.9% | $141M+36.9% | $103M+12.0% | $92M+35.3% | |
| Net Capacity (MW) by Business | ||||||
| East | 4.7K0.0% | 4.7K0.0% | 4.7K— | —— | —— | |
| Texas | 2.6K0.0% | 2.6K0.0% | 2.6K— | —— | —— | |
| Amortization of nuclear fuel by Business | ||||||
| East | $364M+2.8% | $354M-2.5% | $363M-0.3% | $364M— | —— | |
| Texas | $138M+3.8% | $133M+9.9% | $121M+6.1% | $114M— | —— | |
| Total revenues by Product | ||||||
| Business interruption insurance proceeds | $124M+5.1% | $118M— | —— | —— | —— | |
| Hedging revenues — realized | $385M-34.0% | $583M-36.0% | $911M-8.0% | $990M+16.6% | $849M-5.1% | |
| Hedging revenues — unrealized | $383M+150% | -$766M— | —— | —— | —— | |
| Intangible amortization and other revenues | -$14M-7.7% | -$13M— | —— | —— | —— | |
| Intersegment sales | -$9.87B-1.9% | -$9.68B-14.0% | -$8.5B+14.4% | -$9.92B-15.3% | -$8.61B-14.6% | |
| Total other revenues | -$10.93B-28.2% | -$8.53B-16.0% | -$7.35B+16.2% | -$8.77B-17.7% | -$7.45B+0.7% | |
| Transferable PTC revenues | $229M0.0% | $229M-67.2% | $698M+25.3% | $557M+0.2% | $556M0.0% | |
| Total revenue from contracts with customers by Product | ||||||
| Capacity revenue from ISO/RTO | $329M+44.9% | $227M+52.3% | $149M+69.3% | $88M+17.3% | $75M+1.4% | |
| Retail energy charge in ERCOT | $8.87B-1.0% | $8.97B+2.9% | $8.71B+2.3% | $8.52B+2.0% | $8.35B+3.5% | |
| Retail energy charge in Northeast/Midwest | $4.28B+5.4% | $4.06B+7.5% | $3.78B+0.1% | $3.77B-5.0% | $3.97B+10.5% | |
| Revenue from other wholesale contracts | $1.17B+1.7% | $1.15B+5.5% | $1.09B+1.1% | $1.07B-1.9% | $1.1B+4.3% | |
| Wholesale generation revenue from ISO/RTO | $3.69B+15.7% | $3.19B+17.2% | $2.72B+6.4% | $2.56B+8.2% | $2.36B+19.5% |
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.
