Vistra Corp. (VST) FY2025 Annual P&L / Income Statement

Revenue by Business Segment

2025-01-01 to 2025-12-31

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Vistra Corp. (VST) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETRetailEastTexasWestAsset ClosureOperating revenuesRevenue before reconciliation (calculated)Eliminations / Corporate and OtherOperating incomeOperating expenses (calculated)Fuel, purchased power costs, and delivery feesOperating costsDepreciation and amortizationSelling, general, and administrative expensesImpairment of long-lived assetsNet income before income taxesOther income (expense), net (calculated)Net incomeIncome tax expenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$26.27 BNet income before income taxesNet income beforeincome taxes$1.12 BOperating revenuesOperating revenues$17.74 BOperating incomeOperating income$1.91 BNet incomeNet income$944.00 MOperating expenses (calculated)Operating expenses(calculated)$15.83 BRetailRetail$14.34 BIncome tax expenseIncome tax expense$179.00 MOther income (expense), net (calculated)Other income,net (calculated)−$783.00 MFuel, purchased power costs, and delivery feesFuel, purchased powercosts, and delivery fees$9.10 BEastEast$6.17 BOperating costsOperating costs$2.80 BTexasTexas$5.35 BDepreciation and amortizationDepreciation and amortization$1.99 BSelling, general, and administrative expensesSelling, general, andadministrative expenses$1.71 BWestWest$325.00 MEliminations / Corporate and OtherEliminations /Corporate and Other−$8.53 BAsset ClosureAsset Closure$74.00 MImpairment of long-lived assetsImpairment of long-lived assets$228.00 M
Chart details

Vistra Corp. (VST) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Operating revenues
17,738,000,000 US dollars
Operating expenses (calculated)
15,832,000,000 US dollars
Operating income
1,906,000,000 US dollars
Other income (expense), net (calculated)
negative 783,000,000 US dollars
Net income before income taxes
1,123,000,000 US dollars
Income tax expense
179,000,000 US dollars
Net income
944,000,000 US dollars
Retail
14,340,000,000 US dollars
Texas
5,353,000,000 US dollars
East
6,174,000,000 US dollars
West
325,000,000 US dollars
Asset Closure
74,000,000 US dollars
Fuel, purchased power costs, and delivery fees
9,101,000,000 US dollars
Operating costs
2,803,000,000 US dollars
Selling, general, and administrative expenses
1,714,000,000 US dollars
Impairment of long-lived assets
228,000,000 US dollars
Depreciation and amortization
1,986,000,000 US dollars
Revenue before reconciliation (calculated)
26,266,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Eliminations / Corporate and Other
negative 8,528,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
Vistra Corp. (VST) FY2025 Annual Revenue by Business Segment Sankey chart
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Operating margin

10.7%

Operating profit / revenue

Cash conversion

431.1%

Operating cash / net income, same period

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