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-300% | $134M+4,567% | -$1M+85.7% | -$1M+75.0% | -$1M+66.7% | |
| East | $34M+278% | -$35M— | -$95M+2.1% | -$108M-157% | $9M+124% | |
| Retail | -$1M— | $1M— | -$1M— | $0— | $0-100% | |
| Texas | $0+100% | -$42M-600% | $0+100% | -$12M-200% | -$2M0.0% | |
| West | $0— | -$4M-167% | -$1M0.0% | $0-100% | $0— | |
| Total revenue from contracts with customers by Business | ||||||
| Asset Closure | $6M+50.0% | $48M+380% | $2M-81.8% | $20M+122% | $4M-55.6% | |
| East | $2.26B+63.8% | $1.56B+10.1% | $1.75B-5.6% | $1.48B-3.4% | $1.38B+61.2% | |
| Retail | $3.69B+16.4% | $3.5B+21.4% | $4.14B-2.6% | $3.53B+11.5% | $3.17B+27.0% | |
| Texas | $2.99B+1,322% | $1.56B+231% | $1.8B-57.6% | $1.79B+709% | $210M-54.2% | |
| West | $89M-43.3% | —— | $165M-28.9% | $68M-64.8% | $157M-43.1% | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Asset Closure | -$20M+70.6% | -$142M-158% | -$26M-30.0% | -$43M-38.7% | -$68M-172% | |
| East | $176M+136% | -$75M-342% | $354M-32.7% | $120M-76.8% | -$490M-183% | |
| Retail | -$724M-164% | $321M-67.4% | -$40M+96.7% | -$123M-114% | $1.13B+102% | |
| Texas | $2.09B+390% | $638M— | $823M-75.5% | $863M+251% | -$720M-114% | |
| West | $34M-55.8% | —— | $105M-32.3% | -$50M-142% | $77M-54.2% | |
| Interest Expense, Nonoperating by Business | ||||||
| Asset Closure | $0-100% | $1M0.0% | $1M0.0% | $1M0.0% | $1M0.0% | |
| East | -$22M-83.3% | -$14M-180% | -$16M-300% | -$8M-700% | -$12M-1,300% | |
| Retail | $13M-27.8% | $14M-12.5% | $18M+12.5% | $17M+6.3% | $18M+200% | |
| Texas | -$14M0.0% | -$12M+7.7% | -$9M+18.2% | -$18M-50.0% | -$14M-40.0% | |
| West | -$3M-200% | -$3M— | -$2M-100% | -$1M— | -$1M— | |
| Selling, General and Administrative Expense by Business | ||||||
| Asset Closure | $15M-11.8% | $14M0.0% | $16M+77.8% | $19M+26.7% | $17M+70.0% | |
| East | $50M-13.8% | $60M+9.1% | $59M+84.4% | $58M+75.8% | $58M+107% | |
| Retail | $256M+5.3% | $266M+1.5% | $270M+1.5% | $256M+14.3% | $243M+8.0% | |
| Texas | $59M+43.9% | $58M+9.4% | $38M-5.0% | $43M+4.9% | $41M+17.1% | |
| West | $3M+50.0% | $3M-50.0% | $2M-75.0% | $7M+250% | $2M-50.0% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Asset Closure | $3M+400% | $0-100% | $0-100% | -$1M-114% | -$1M-114% | |
| East | $265M-16.1% | $244M-21.8% | $244M+1.2% | $316M+35.6% | $316M+50.5% | |
| Retail | $10M-56.5% | $24M-17.2% | $23M-25.8% | $24M-22.6% | $23M0.0% | |
| Texas | $174M+16.0% | $161M+1.9% | $160M+3.2% | $167M+24.6% | $150M+11.9% | |
| West | $14M-6.7% | $16M+6.7% | $14M-6.7% | $16M+14.3% | $15M+7.1% | |
| Other Cost and Expense, Operating by Business | ||||||
| Asset Closure | $12M-78.6% | $41M-8.9% | $12M-36.8% | $45M+125% | $56M+229% | |
| East | $373M+14.1% | $361M+9.7% | $338M+14.2% | $355M+19.5% | $327M+80.7% | |
| Retail | $38M-5.0% | $37M-9.8% | $54M+14.9% | $37M-7.5% | $40M+29.0% | |
| Texas | $261M+1.2% | $272M+11.9% | $243M+0.4% | $277M+9.1% | $258M+0.4% | |
| West | $16M+33.3% | $14M+7.7% | $15M+36.4% | $18M+5.9% | $12M+9.1% | |
| Cost Of Fuel Purchased Power And Delivery by Business | ||||||
| Asset Closure | $0— | $0-100% | $0-100% | $0-100% | $0-100% | |
| East | $1.38B+18.1% | $1.02B+46.6% | $866M+0.8% | $746M+51.0% | $1.17B+81.1% | |
| Retail | $4.1B+139% | $2.84B+82.9% | $3.82B-25.4% | $3.32B+69.4% | $1.71B+3.9% | |
| Texas | $416M-16.3% | $481M+38.6% | $544M+11.7% | $468M+22.8% | $497M+30.4% | |
| West | $25M-51.9% | $30M-44.4% | $32M-28.9% | $35M-12.5% | $52M-34.2% | |
| Capital expenditures, including nuclear fuel and excluding growth expenditures by Business | ||||||
| Asset Closure | $0— | $0-100% | $0— | $0-100% | $0— | |
| East | $124M-29.9% | $203M+23.8% | $141M-1.4% | $126M-22.2% | $177M+101% | |
| Retail | $3M0.0% | $2M+100% | $2M-33.3% | $5M— | $3M— | |
| Texas | $219M-17.0% | $240M+15.9% | $137M-49.8% | $313M— | $264M-16.5% | |
| West | $26M-13.3% | $69M+188% | $48M+380% | $39M+39.3% | $30M+400% | |
| Net Capacity (MW) by Business | ||||||
| East | 1.2K0.0% | 1.2K0.0% | 1.2K— | 1.2K— | 1.2K— | |
| Texas | 6500.0% | 6500.0% | 650— | 650— | 650— | |
| Amortization of nuclear fuel by Business | ||||||
| East | $90M+12.5% | $84M-9.7% | $94M-1.1% | $96M— | $80M— | |
| Texas | $36M+16.1% | $37M+48.0% | $35M+25.0% | $30M— | $31M— | |
| 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— | $96M— | $1M— | $21M— | $0— | |
| Hedging revenues — realized | -$3M-102% | $69M-82.6% | -$108M-272% | $427M+49.3% | $195M-19.1% | |
| Hedging revenues — unrealized | $636M+224% | -$465M— | $162M-91.7% | $50M+219% | -$513M-47.8% | |
| Intangible amortization and other revenues | -$2M-100% | $0— | -$7M-158% | -$5M-600% | -$1M0.0% | |
| Intersegment sales | -$2.32B-8.5% | -$2.06B-136% | -$2.89B+33.1% | -$2.6B-103% | -$2.14B-106% | |
| Intersegment sales — unrealized | -$1.07B-193% | —— | —— | —— | $1.15B— | |
| Total other revenues | -$3.39B-244% | -$2.06B-133% | -$2.89B+32.9% | -$2.6B-103% | -$986M+5.2% | |
| Transferable PTC revenues | $2M0.0% | $78M-85.7% | $145M+3,525% | $4M+33.3% | $2M0.0% | |
| Total revenue from contracts with customers by Product | ||||||
| Capacity revenue from ISO/RTO | $122M+510% | $98M+390% | $79M+339% | $30M+76.5% | $20M+5.3% | |
| Retail energy charge in ERCOT | $1.89B-4.6% | $2.08B+13.9% | $2.7B+7.9% | $2.21B+8.2% | $1.99B+16.7% | |
| Retail energy charge in Northeast/Midwest | $1.26B+21.2% | $1.17B+31.8% | $1.05B+0.3% | $793M-20.0% | $1.04B+56.7% | |
| Revenue from other wholesale contracts | $350M+5.7% | $301M+24.9% | $264M+4.8% | $250M-7.7% | $331M+15.7% | |
| Wholesale generation revenue from ISO/RTO | $1.38B+57.4% | $1.16B+68.2% | $683M+31.3% | $474M+68.7% | $874M+78.7% | |
| Inventories — net by Product | ||||||
| Fuel stock and natural gas in storage | $427M— | $417M-4.6% | —— | —— | —— | |
| Materials and supplies | $603M— | $599M+12.4% | —— | —— | —— |
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.
