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+953% | $131M+871% | -$6M+87.0% | -$12M+83.2% | -$15M+85.0% | |
| East | -$204M-56.9% | -$229M-29.4% | -$194M-17.9% | -$196M-256% | -$130M-25,900% | |
| Retail | -$1M— | $0-100% | -$1M-233% | $0-100% | $0-100% | |
| Texas | -$54M-54.3% | -$56M-60.0% | -$20M+46.3% | -$43M-91.1% | -$35M-30.8% | |
| West | -$5M-183% | -$5M-183% | $5M+1,100% | $5M— | $6M+500% | |
| Total revenue from contracts with customers by Business | ||||||
| Asset Closure | $76M+124% | $74M+89.7% | $36M-53.2% | $45M-31.8% | $34M-40.4% | |
| East | $7.05B+14.1% | $6.17B+9.1% | $6.03B-11.7% | $6.13B+9.1% | $6.19B+25.3% | |
| Retail | $14.86B+10.3% | $14.34B+12.1% | $13.72B+11.4% | $13.84B+20.8% | $13.47B+25.7% | |
| Texas | $8.13B+58.0% | $5.35B-0.8% | $4.27B-27.0% | $6.71B+115% | $5.15B+61.9% | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest by Business | ||||||
| Asset Closure | -$231M-32.8% | -$279M-113% | -$192M— | -$186M— | -$174M— | |
| East | $575M-1.7% | -$91M-110% | $15M-99.0% | $187M-82.6% | $585M-29.6% | |
| Retail | -$566M-132% | $1.29B+6.1% | $1.95B+742% | $767M-55.0% | $1.79B+10.4% | |
| Texas | $4.42B— | $1.6B— | —— | —— | —— | |
| Interest Expense, Nonoperating by Business | ||||||
| Asset Closure | $3M-25.0% | $4M0.0% | $4M-5.9% | $4M-11.1% | $4M-15.8% | |
| East | -$60M-173% | -$50M-456% | -$41M-1,071% | -$29M-3,000% | -$22M-980% | |
| Retail | $62M-6.1% | $67M+24.1% | $69M+60.5% | $67M+109% | $66M+214% | |
| Texas | -$53M-6.0% | -$53M-15.2% | -$54M-41.2% | -$56M-72.3% | -$50M-94.2% | |
| West | -$9M-350% | -$7M-600% | -$4M-33.3% | -$3M+25.0% | -$2M+66.7% | |
| Selling, General and Administrative Expense by Business | ||||||
| Asset Closure | $64M+16.4% | $66M+37.5% | $66M+53.5% | $59M+37.2% | $55M+48.6% | |
| East | $227M+27.5% | $235M+58.8% | $230M+84.4% | $203M+63.1% | $178M+44.4% | |
| Retail | $1.05B+5.3% | $1.04B+5.9% | $1.03B+10.9% | $1.03B+17.0% | $995M+14.6% | |
| Texas | $198M+13.1% | $180M+6.5% | $175M+15.9% | $177M+21.2% | $175M+25.0% | |
| West | $15M-16.7% | $14M-30.0% | $17M-12.8% | $23M+35.3% | $18M-12.2% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Asset Closure | $2M-90.0% | -$2M-107% | $5M-89.6% | $12M-70.7% | $20M-41.2% | |
| East | $1.07B-3.0% | $1.12B+12.4% | $1.19B+32.1% | $1.19B+44.7% | $1.1B+46.3% | |
| Retail | $81M-28.9% | $94M-17.5% | $99M-9.2% | $107M+2.9% | $114M+20.0% | |
| Texas | $662M+10.9% | $638M+9.8% | $635M+8.9% | $630M+12.5% | $597M+7.6% | |
| West | $60M+1.7% | $61M+5.2% | $60M+39.5% | $61M+22.0% | $59M+7.3% | |
| Other Cost and Expense, Operating by Business | ||||||
| Asset Closure | $110M-21.4% | $154M+52.5% | $158M+101% | $165M+101% | $140M+65.7% | |
| East | $1.43B+14.3% | $1.38B+25.2% | $1.35B+48.9% | $1.31B+76.1% | $1.25B+116% | |
| Retail | $166M-1.2% | $168M+5.7% | $172M+15.6% | $165M+24.5% | $168M+36.3% | |
| Texas | $1.05B+5.6% | $1.05B+5.4% | $1.02B+3.9% | $1.02B+5.2% | $997M+5.5% | |
| West | $63M+18.9% | $59M+13.5% | $58M+17.2% | $54M+10.2% | $53M+24.7% | |
| Cost Of Fuel Purchased Power And Delivery by Business | ||||||
| Asset Closure | $0-100% | $0-100% | $1M-84.0% | $3M-45.5% | $4M-30.4% | |
| East | $4.02B+24.7% | $3.81B+41.1% | $3.48B+29.8% | $3.48B+38.7% | $3.22B+19.6% | |
| Retail | $14.07B+36.1% | $11.69B+13.7% | $10.4B-5.3% | $11.7B+43.9% | $10.34B+22.6% | |
| Texas | $1.91B+11.5% | $1.99B+24.7% | $1.86B+5.7% | $1.8B+1.3% | $1.71B-10.0% | |
| West | $122M-36.1% | $149M-31.7% | $173M-29.5% | $186M-34.0% | $191M-41.0% | |
| Capital expenditures, including nuclear fuel and excluding growth expenditures by Business | ||||||
| Asset Closure | $0-100% | $0-100% | $1M-66.7% | $1M-66.7% | $2M0.0% | |
| East | $594M-8.0% | $647M+16.2% | $608M-10.3% | $610M+8.3% | $646M+51.3% | |
| Retail | $12M+71.4% | $12M+200% | $11M— | $12M— | $7M— | |
| Texas | $909M+22.2% | $954M+19.8% | $921M+21.3% | $1.06B+74.4% | $744M-0.8% | |
| West | $182M+97.8% | $186M+174% | $141M-64.6% | $103M-73.7% | $92M-75.0% | |
| Net Capacity (MW) by Business | ||||||
| East | 4.7K— | 4.7K— | 4.7K— | —— | —— | |
| Texas | 2.6K— | 2.6K— | 2.6K— | —— | —— | |
| Amortization of nuclear fuel by Business | ||||||
| East | $364M— | $354M— | $363M— | $364M— | —— | |
| Texas | $138M— | $133M— | $121M— | $114M— | —— | |
| Total revenues by Product | ||||||
| Business interruption insurance proceeds | $124M— | $118M— | —— | —— | —— | |
| Hedging revenues — realized | $385M-54.7% | $583M-34.9% | $911M+62.4% | $990M+51.6% | $849M+97.4% | |
| Hedging revenues — unrealized | $383M— | -$766M— | —— | —— | —— | |
| Intangible amortization and other revenues | -$14M— | -$13M— | —— | —— | —— | |
| Intersegment sales | -$9.87B-14.6% | -$9.68B-29.0% | -$8.5B-3.3% | -$9.92B-67.1% | -$8.61B— | |
| Total other revenues | -$10.93B-46.7% | -$8.53B-13.6% | -$7.35B+10.4% | -$8.77B-47.7% | -$7.45B-36.2% | |
| Transferable PTC revenues | $229M-58.8% | $229M-58.8% | $698M+6,245% | $557M+5,470% | $556M+5,460% | |
| Total revenue from contracts with customers by Product | ||||||
| Capacity revenue from ISO/RTO | $329M+339% | $227M+207% | $149M+98.7% | $88M+14.3% | $75M-17.6% | |
| Retail energy charge in ERCOT | $8.87B+6.3% | $8.97B+11.2% | $8.71B+11.2% | $8.52B+6.4% | $8.35B+6.9% | |
| Retail energy charge in Northeast/Midwest | $4.28B+7.8% | $4.06B+12.9% | $3.78B+21.6% | $3.77B+49.8% | $3.97B+111% | |
| Revenue from other wholesale contracts | $1.17B+6.4% | $1.15B+9.1% | $1.09B+4.0% | $1.07B-5.9% | $1.1B-9.6% | |
| Wholesale generation revenue from ISO/RTO | $3.69B+56.2% | $3.19B+61.2% | $2.72B+41.7% | $2.56B-4.9% | $2.36B-17.6% |
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.
