Vistra (VST) Operating Expenses (2016 - 2026)

Vistra's Operating Expenses history runs 11 years deep, the most recent figure standing at $427.0 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 9.21% year-over-year to $427.0 million in Q1 2026; TTM through Mar 2026 was $1.8 billion, a 6.64% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 7.06% from the prior year.
• Operating Expenses retreated to $427.0 million in Q1 2026 per VST's latest filing, from $460.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $464.0 million in Q4 2024 and bottomed at $280.0 million in Q2 2022.
• The 5-year median for Operating Expenses is $357.0 million (2023), against an average of $366.9 million.
• Across the five-year window, Operating Expenses jumped 30.7% in 2024 and declined 0.86% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $295.0 million in 2022, then increased by 20.34% to $355.0 million in 2023, then jumped by 30.7% to $464.0 million in 2024, then retreated by 0.86% to $460.0 million in 2025, then decreased by 7.17% to $427.0 million in 2026.
• Per Business Quant, the three latest VST Operating Expenses figures stand at $427.0 million (Q1 2026), $460.0 million (Q4 2025), and $444.0 million (Q3 2025).