Vistra (VST) Gross Margin (2016 - 2026)

Vistra has reported Gross Margin for 11 years, with the latest figure at 78.77% in Q2 2026.

• On a quarterly basis, Gross Margin fell 399.0% year-over-year to 78.77% in Q2 2026; TTM through Jun 2026 was 84.75%, a 59.0% decrease from a year earlier, with the FY2025 full-year figure at 84.2%, down 179.0% from the prior year.
• Gross Margin was 78.77% for Q2 2026 at Vistra, down from 87.59% in the prior quarter.
• The five-year high for Gross Margin was 92.23% in Q3 2022, with the low at 72.61% in Q2 2022.
• Average Gross Margin over 5 years is 85.41%, with a median of 86.12% recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 1067 bps in 2022, then surged 1344 bps in 2023.
• Over 5 years, Gross Margin stood at 89.79% in 2022, then decreased by 4 bps to 86.19% in 2023, then dropped by 3 bps to 83.35% in 2024, then increased by 1 bps to 84.25% in 2025, then declined by 7 bps to 78.77% in 2026.
• The last three Gross Margin figures came in at 78.77% (Q2 2026), 87.59% (Q1 2026), and 84.25% (Q4 2025), per Business Quant data.