VST Q2 2025 Earnings — Vistra Corp. Revenue & Financial Results | Market Cap Arena

VSTVistra Corp.

$57B

Q2 2025 Earnings

Utilities Independent Power Producers

Income Statement

Revenue

$4.3B+15.2% YoY

Gross Profit

$934M22.0% margin

Operating Income

$515M12.1% margin

Net Income

$327M7.7% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$572M

Free Cash Flow

-$118M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$38.1B

Total Liabilities

$33.3B

Stockholders' Equity

$4.8B

Cash & Equivalents

$458M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$3.7B	+15.2%
Gross Profit	$934M	$967M	-3.4%
Operating Income	$515M	$617M	-16.5%
Net Income	$327M	$365M	-10.4%

Revenue Segments

Retail Energy Charge In ERCOT

$2.2B129%

Retail Energy Charge In Northeast/Midwest

$793M47%

Total Other Revenues

$497M29%

Wholesale Generation Revenue From ERCOT

$474M28%

Revenue From Other Wholesale Contracts

$250M15%

Hedging And Other Revenues

$50M3%

Capacity Revenue

$30M2%

Intersegment Sales

-$2.6B-152%

Geographic Segments

East Segment

$1.5B96%

West Segment

$68M4%