NYSE$VST
Vistra Corp · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Vistra reported Q2 2025 operating revenues of $4.25B with net income of $327M and diluted EPS of $0.81.
Operating revenues increased to $4.25 billion while net income was $327 million ($0.81 diluted EPS to common). Retail and generation segments benefited from power prices and portfolio optimization, though year-over-year net income fell on prior-period comparables and mark-to-market effects.
- Q2 operating revenues $4.25B.
- Net income $327M; diluted EPS $0.81 to common.
- Retail and Texas power markets remain earnings drivers.
- Nuclear and gas fleet support baseload margins.
- Commodity and capacity price volatility affects quarter-to-quarter results.
Headline financials
Revenue & EPS history
Vistra · Revenue · Quarterly
$4.25B
Revenue by segment
Vistra · $1.5B total across 5 segments · Q3 2023
- Texas$950M+8.8%63.3%
- East$315M+128.3%21.0%
- Retail$173M+8750.0%11.5%
- West$87M+93.3%5.8%
- Asset Closure-$24M—-1.6%
Forward guidance
Vistra outlook hinges on power or commodity prices, utilization, and capital discipline.
Tailwinds
- Generation or drilling utilization and pricing.
- Contract backlog and hedging programs.
- Balance-sheet flexibility for returns.
Headwinds
- Commodity and power price volatility.
- Maintenance outages and weather events.
- Regulatory and environmental compliance costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2025
+0.3%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+2.0%
Avg return
30 days after
50%
19 / 38 earnings
Positive
+14.0%
Q1 2024
Best reaction
-23.5%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -7.3% | -6.0% | |
| Q4 2025 | -0.9% | -7.8% | -11.3% | |
| Q3 2025 | -2.6% | -5.4% | -11.7% | |
| Q2 2025 | +2.4% | +4.3% | -6.4% | |
| Q1 2025 | -3.7% | +0.9% | +19.9% | |
| Q4 2024 | -12.3% | -14.3% | -19.7% | |
| Q3 2024 | +12.5% | +12.7% | +26.9% | |
| Q2 2024 | +6.3% | +8.8% | -0.3% | |
| Q1 2024 | +14.0% | +10.3% | +4.1% | |
| Q4 2023 | +7.0% | +11.8% | +36.6% | |
| Q3 2023 | -1.9% | -2.4% | +5.2% | |
| Q2 2023 | +6.5% | +5.2% | +18.2% | |
| Q1 2023 | +7.9% | +4.9% | +6.2% | |
| Q4 2022 | -3.2% | +10.9% | +9.1% | |
| Q3 2022 | +2.6% | +1.4% | +3.3% | |
| Q2 2022 | -3.5% | -1.8% | -2.6% | |
| Q1 2022 | -5.0% | -4.4% | +1.7% | |
| Q4 2021 | +5.3% | +2.5% | +4.9% | |
| Q3 2021 | +2.8% | +1.2% | +7.8% | |
| Q2 2021 | -1.9% | -2.2% | +1.1% | |
| Q1 2021 | -3.7% | -3.5% | -7.2% | |
| Q4 2020 | -23.5% | -27.8% | -25.9% | |
| Q3 2020 | +0.5% | +2.8% | +4.1% | |
| Q2 2020 | +0.4% | +2.3% | -2.8% | |
| Q1 2020 | -3.9% | -0.4% | +6.9% | |
| Q4 2019 | -2.2% | +2.2% | -20.4% | |
| Q3 2019 | -5.9% | -5.0% | -10.7% | |
| Q2 2019 | +0.8% | +2.4% | +15.8% | |
| Q1 2019 | -3.4% | -7.6% | -13.5% | |
| Q4 2018 | +1.5% | -2.6% | -0.5% | |
| Q3 2018 | +8.1% | +7.0% | +1.6% | |
| Q2 2018 | +3.8% | +0.7% | +1.6% | |
| Q1 2018 | +2.9% | -0.6% | +5.2% | |
| Q4 2017 | -0.2% | +3.0% | +11.1% | |
| Q3 2017 | +1.3% | -1.3% | -2.0% | |
| Q2 2017 | +5.2% | +5.5% | +10.3% | |
| Q1 2017 | -0.3% | -0.6% | +10.7% | |
| Q4 2016 | -0.9% | +4.5% | +5.2% | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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