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Vistra VST Hedging revenues — realized — Total revenues

Other product segments

Total other revenues
-$3.39B-244%
Intersegment sales
-$2.32B-8.5%
Retail energy charge in ERCOT
$1.89B-4.6%
Wholesale generation revenue from ISO/RTO
$1.38B+57.4%
Retail energy charge in Northeast/Midwest
$1.26B+21.2%
Intersegment sales — unrealized
-$1.07B-193%
Hedging revenues — unrealized
$636M+224%
Revenue from other wholesale contracts
$350M+5.7%
Capacity revenue from ISO/RTO
$122M+510%
Business interruption insurance proceeds
$6M
Intangible amortization and other revenues
-$2M-100%
Transferable PTC revenues
$2M0.0%

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APAU.S. — Revenues and realized gain on derivatives
$1.25B-27.3%

Other financials

Income statement

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Revenue$5.6B+43.4%
Operating income$1.5B+1,349%
Net income$1.0B+484%
EPS (diluted)$2.87+409%

Balance sheet

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Cash & equivalents$677.0M+13.6%
Total debt$19.2B+6.7%
Total equity$5.6B+16.0%
Total assets$41.3B+8.1%

Cash flow

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Operating cash flow$1.2B+100%
CapEx$883.0M+15.0%
Free cash flow$316.0M+287%

Valuation

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Market cap$56.57B-9.9%
Enterprise value$75.06B-6.4%
P/E25.2×-0.6×
P/S2.9×-0.6×

Profitability

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Operating margin18.1%-3.3pp
Net margin11.5%-1.9pp
FCF margin9.3%-4.4pp

Returns & leverage

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Return on equity43%-3.3pp
Debt / equity3.4×-0.3×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Vistra in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Vistra’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vistra's hedging revenues — realized — total revenues?
Vistra (VST) reported hedging revenues — realized — total revenues of -$3M in Q1 2026.
How has Vistra's hedging revenues — realized — total revenues changed year-over-year?
Vistra's hedging revenues — realized — total revenues decreased by 101.5% year-over-year, from $195M to -$3M.
What is the long-term trend for Vistra's hedging revenues — realized — total revenues?
Over 3 years (2022 to 2025), Vistra's hedging revenues — realized — total revenues has grown at a 30.2% compound annual growth rate (CAGR), from $264M to $583M.
What does hedging revenues — realized — total revenues mean?
This metric represents the portion of total corporate revenue derived from realized gains or losses on financial and physical energy hedging contracts. It reflects the company's success in mitigating commodity price volatility by locking in future power prices for its generation assets. This figure is critical for understanding how effectively the firm stabilizes cash flows against fluctuating wholesale electricity market prices.