Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across 20 states in the United States and the District of Columbia. The company is also involved in the electricity generation, wholesale energy purchases and sales, commodity risk management, fuel production, and fuel logistics management activities. It serves approximately 4.3 million customers with a generation capacity of approximately 38,700 megawatts with a portfolio of natural gas, nuclear, coal, solar, and battery energy storage facilities. The company was formerly known as Vistra Energy Corp. and changed its name to Vistra Corp. in July 2020. Vistra Corp. was founded in 1882 and is based in Irving, Texas.

Vistra Corp.

Operating Revenues

Operating Revenues %Chg

Operating Revenues Common Size

Fuel, Purchased Power Costs, and Delivery Fees

Fuel, Purchased Power Costs, and Delivery Fees %Chg

Fuel, Purchased Power Costs, and Delivery Fees Common Size

Operating Costs

Operating Costs %Chg

Operating Costs Common Size

Depreciation and Amortization

Depreciation and Amortization %Chg

Depreciation and Amortization Common Size

Selling, General, and Administrative Expenses

Selling, General, and Administrative Expenses %Chg

Selling, General, and Administrative Expenses Common Size

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets %Chg

Impairment of Long-Lived Assets Common Size

Operating Income

Operating Income %Chg

Operating Income Common Size

Other Income

Other Income %Chg

Other Income Common Size

Other Deductions

Other Deductions %Chg

Other Deductions Common Size

Other Income, Net

Other Income, Net %Chg

Other Income, Net Common Size

Interest Expense and Related Charges

Interest Expense and Related Charges %Chg

Interest Expense and Related Charges Common Size

Impacts of Tax Receivable Agreement

Impacts of Tax Receivable Agreement %Chg

Impacts of Tax Receivable Agreement Common Size

Equity in Earnings of Unconsolidated Investment

Equity in Earnings of Unconsolidated Investment %Chg

Equity in Earnings of Unconsolidated Investment Common Size

Net Income Before Income Taxes

Net Income Before Income Taxes %Chg

Net Income Before Income Taxes Common Size

Income Tax Expense

Income Tax Expense %Chg

Income Tax Expense Common Size

Net Income

Net Income %Chg

Net Income Common Size

Net Loss Attributable to Noncontrolling Interest

Net Loss Attributable to Noncontrolling Interest %Chg

Net Loss Attributable to Noncontrolling Interest Common Size

Net Income Attributable to Vistra

Net Income Attributable to Vistra %Chg

Net Income Attributable to Vistra Common Size

Cumulative Dividends Attributable to Preferred Stock

Cumulative Dividends Attributable to Preferred Stock %Chg

Cumulative Dividends Attributable to Preferred Stock Common Size

Net Income Attributable to Vistra Common Stock

Net Income Attributable to Vistra Common Stock %Chg

Net Income Attributable to Vistra Common Stock Common Size

Basic

Basic %Chg

Basic Common Size

Diluted

Diluted %Chg

Diluted Common Size

Dividend Declared per Share of Common Stock

Dividend Declared per Share of Common Stock %Chg

Dividend Declared per Share of Common Stock Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Fuel and Purchased Power Expense

Fuel and Purchased Power Expense %Chg

Fuel and Purchased Power Expense Common Size

Operations and Maintenance Expenses

Operations and Maintenance Expenses %Chg

Operations and Maintenance Expenses Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Depreciation & Amortization Expenses

Depreciation & Amortization Expenses %Chg

Depreciation & Amortization Expenses Common Size

Other Operating Expenses

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Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest and Investment Income

Interest and Investment Income %Chg

Interest and Investment Income Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Total Non-Operating Income

Total Non-Operating Income %Chg

Total Non-Operating Income Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Consolidated Net Income

Consolidated Net Income %Chg

Consolidated Net Income Common Size

Net Income Attributable to Minority Interests and Other

Net Income Attributable to Minority Interests and Other %Chg

Net Income Attributable to Minority Interests and Other Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	4,971	4,250	3,933	4,037	6,288	3,845
Total Revenues %Chg	-20.9%	10.5%	28.8%	31.1%	53.9%	20.6%
Operating Revenues
Fuel and Purchased Power Expense	2,370	1,974	2,447	1,765	2,207	1,597
Fuel, Purchased Power Costs, and Delivery Fees
Operations and Maintenance Expenses	1,099	1,152	1,084	1,136	1,027	1,003
Operating Costs
Selling, General, and Administrative Expenses
Gross Profit	1,502	1,124	402	1,136	3,054	1,245
Gross Profit Margin	30.2%	26.4%	10.2%	28.1%	48.6%	32.4%
Depreciation & Amortization Expenses	460	541	522	537	466	437
Depreciation and Amortization
Other Operating Expenses	5	68	—	—	—	—
Impairment of Long-Lived Assets
Operating Profit	1,037	515	-120	599	2,588	808
Operating Income
Operating Margin	20.9%	12.1%	-3.1%	14.8%	41.2%	21%
Interest and Investment Income	—	—	—	—	—	—
Equity in Earnings of Unconsolidated Investment
Interest Expense	-286	-303	-319	-157	-332	-241
Interest Expense and Related Charges
Non-Operating Income	105	191	-5	9	136	59
Other Income
Other Deductions
Other Income, Net
Impacts of Tax Receivable Agreement
Total Non-Operating Income	-181	-112	-324	-148	-196	-182
Income Before Provision for Income Taxes	856	403	-444	451	2,392	626
Net Income Before Income Taxes
Provision for Income Taxes	204	76	-176	-39	555	159
Income Tax Expense
Consolidated Net Income	652	327	-268	490	1,837	467
Net Income
Net Income Attributable to Minority Interests and Other	—	—	—	49	-51	102
Net Loss Attributable to Noncontrolling Interest
Net Income Attributable to Preferred Dividends	48	47	49	48	48	47
Cumulative Dividends Attributable to Preferred Stock
Net Income Attributable to Common Shareholders	604	280	-317	393	1,840	318
Net Income Attributable to Vistra Common Stock
Basic EPS	1.8	0.8	-0.9	1.1	5.4	0.9
Diluted EPS	1.8	0.8	-0.9	1.1	5.3	0.9
Basic Weighted Average Shares Outstanding	338.7	339.4	339.8	340.2	343	347
Total Shares Outstanding	338.7	339.1	340	339.8	340.7	345.3
Diluted Weighted Average Shares Outstanding	345	345.5	339.8	356.8	350.2	354.3
EBITDA	1,762	1,309	686	1,369	3,334	1,463
Effective Tax Rate	23.8%	18.9%	39.6%	-8.6%	23.2%	25.4%