Vistra (VST) Change in Intangibles (2018 - 2026)
Vistra's (VST) quarterly Change in Intangibles came in at $121.0 million in Q1 2026, up 476.19% year-on-year from $21.0 million in Q1 2025, and down 44.5% quarter-over-quarter from $218.0 million in Q4 2025.
Vistra (VST) Change in Intangibles (2018 - 2026) Analysis & Trends
Vistra's Change in Intangibles history runs 9 years deep, the most recent figure standing at $121.0 million for Q1 2026.
- On a quarterly basis, Change in Intangibles rose 476.19% year-over-year to $121.0 million in Q1 2026; TTM through Mar 2026 was $375.0 million, a 51.74% decrease from a year earlier, with the FY2025 full-year figure at $275.0 million, down 64.42% from the prior year.
- Change in Intangibles eased to $121.0 million in Q1 2026 per VST's latest filing, from $218.0 million in the prior quarter.
- Across five years, Change in Intangibles topped out at $917.0 million in Q4 2022 and bottomed at $4.0 million in Q2 2025.
- The 5-year median for Change in Intangibles is $48.0 million (2024), against an average of $173.2 million.
- Across the five-year window, Change in Intangibles jumped 1263.16% in 2022 and sank 95.37% in 2023, its largest moves.
- Year by year, Change in Intangibles stood at $917.0 million in 2022, then plunged by 51.91% to $441.0 million in 2023, then surged by 41.95% to $626.0 million in 2024, then slumped by 65.18% to $218.0 million in 2025, then tumbled by 44.5% to $121.0 million in 2026.
- Per Business Quant, the three latest VST Change in Intangibles figures stand at $121.0 million (Q1 2026), $218.0 million (Q4 2025), and $32.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 52.84 Bn | 51.14 Bn | 4.94 Bn | 121.00 Mn |
| 2 | Nrg Energy | 28.17 Bn | 28.12 Bn | 1.40 Bn | - |
| 3 | Talen Energy | 15.71 Bn | 15.67 Bn | - | - |
| 4 | Oklo | 7.13 Bn | 7.13 Bn | - | - |
| 5 | Transalta | 3.99 Bn | 3.46 Bn | 263.24 Mn | - |
| 6 | Kenon Holdings | 3.66 Bn | 1.86 Bn | 48.00 Mn | - |
| 7 | Digi Power X | 264.61 Mn | 206.80 Mn | -801,636.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 121.00 Mn |
| Mar 31, 2026 | 121.00 Mn |
| Dec 31, 2025 | 218.00 Mn |
| Dec 31, 2025 | 218.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Mar 31, 2025 | 21.00 Mn |
| Dec 31, 2024 | 626.00 Mn |
| Dec 31, 2024 | 626.00 Mn |
| Sep 30, 2024 | 82.00 Mn |
| Sep 30, 2024 | 82.00 Mn |
| Jun 30, 2024 | 48.00 Mn |
| Jun 30, 2024 | 48.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 441.00 Mn |
| Dec 31, 2023 | 441.00 Mn |