Vistra (VST) Cost of Revenue (2016 - 2026)
Vistra's (VST) quarterly Cost of Revenue came in at $700.0 million in Q1 2026, up 1.01% year-on-year from $693.0 million in Q1 2025, and down 3.05% quarter-over-quarter from $722.0 million in Q4 2025.
Vistra (VST) Cost of Revenue (2016 - 2026) Analysis & Trends
Vistra's Cost of Revenue history runs 11 years deep, the most recent figure standing at $700.0 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 1.01% year-over-year to $700.0 million in Q1 2026; TTM through Mar 2026 was $2.8 billion, a 7.7% increase from a year earlier, with the FY2025 full-year figure at $2.8 billion, up 16.11% from the prior year.
- Cost of Revenue slipped to $700.0 million in Q1 2026 per VST's latest filing, from $722.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $733.0 million in Q2 2025 and bottomed at $395.0 million in Q4 2022.
- The 5-year median for Cost of Revenue is $498.0 million (2024), against an average of $545.0 million.
- Across the five-year window, Cost of Revenue soared 58.12% in 2024 and advanced 1.01% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $395.0 million in 2022, then grew by 7.59% to $425.0 million in 2023, then jumped by 58.12% to $672.0 million in 2024, then climbed by 7.44% to $722.0 million in 2025, then slipped by 3.05% to $700.0 million in 2026.
- Per Business Quant, the three latest VST Cost of Revenue figures stand at $700.0 million (Q1 2026), $722.0 million (Q4 2025), and $655.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 52.84 Bn | 51.14 Bn | 4.94 Bn | 700.00 Mn |
| 2 | Nrg Energy | 28.17 Bn | 28.12 Bn | 1.40 Bn | 8.86 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 | 28.44 Mn |
| 6 | Kenon Holdings | 3.66 Bn | 1.86 Bn | 48.00 Mn | 245.00 Mn |
| 7 | Digi Power X | 264.61 Mn | 206.80 Mn | -801,636.00 | 6.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 700.00 Mn |
| Mar 31, 2026 | 700.00 Mn |
| Dec 31, 2025 | 722.00 Mn |
| Dec 31, 2025 | 722.00 Mn |
| Sep 30, 2025 | 655.00 Mn |
| Sep 30, 2025 | 655.00 Mn |
| Jun 30, 2025 | 733.00 Mn |
| Jun 30, 2025 | 733.00 Mn |
| Mar 31, 2025 | 693.00 Mn |
| Mar 31, 2025 | 693.00 Mn |
| Dec 31, 2024 | 672.00 Mn |
| Dec 31, 2024 | 672.00 Mn |
| Sep 30, 2024 | 616.00 Mn |
| Sep 30, 2024 | 616.00 Mn |
| Jun 30, 2024 | 628.00 Mn |
| Jun 30, 2024 | 628.00 Mn |
| Mar 31, 2024 | 498.00 Mn |
| Mar 31, 2024 | 498.00 Mn |
| Dec 31, 2023 | 425.00 Mn |
| Dec 31, 2023 | 425.00 Mn |