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.

• In Q1 2026, Operating Expenses fell 46.02% year-over-year to $427.0 million; the TTM figure through Mar 2026 stood at $1.8 billion (down 38.68% YoY), while the FY2025 annual figure was $1.7 billion, up 6.99% from the prior year.
• Operating Expenses was $427.0 million for Q1 2026 at Vistra, down from $460.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $832.0 million in Q3 2024 to a low of $419.0 million in Q2 2025.
• Historically, Operating Expenses has averaged $620.6 million across 5 years, with a median of $641.0 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses grew 20.23% in 2024, then plunged 46.63% in 2025.
• A 5-year view of Operating Expenses shows it stood at $626.0 million in 2022, then climbed by 13.42% to $710.0 million in 2023, then slumped by 34.51% to $465.0 million in 2024, then declined by 1.08% to $460.0 million in 2025, then decreased by 7.17% to $427.0 million in 2026.
• The last three Operating Expenses figures came in at $427.0 million (Q1 2026), $460.0 million (Q4 2025), and $444.0 million (Q3 2025), per Business Quant data.