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Vistra (VST) Operating Expenses (2016 - 2025)

Vistra has reported Operating Expenses over the past 10 years, most recently at $460.0 million for Q4 2025.

  • Quarterly results put Operating Expenses at $460.0 million for Q4 2025, down 1.08% from a year ago — trailing twelve months through Dec 2025 was $2.1 billion (down 23.98% YoY), and the annual figure for FY2025 was $1.7 billion, up 6.99%.
  • Operating Expenses for Q4 2025 was $460.0 million at Vistra, up from $444.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for VST hit a ceiling of $832.0 million in Q3 2024 and a floor of $419.0 million in Q2 2025.
  • Median Operating Expenses over the past 5 years was $643.5 million (2021), compared with a mean of $632.1 million.
  • Biggest five-year swings in Operating Expenses: rose 20.23% in 2024 and later tumbled 46.63% in 2025.
  • Vistra's Operating Expenses stood at $600.0 million in 2021, then grew by 4.33% to $626.0 million in 2022, then rose by 13.42% to $710.0 million in 2023, then plummeted by 34.51% to $465.0 million in 2024, then fell by 1.08% to $460.0 million in 2025.
  • The last three reported values for Operating Expenses were $460.0 million (Q4 2025), $444.0 million (Q3 2025), and $419.0 million (Q2 2025) per Business Quant data.