Vistra (VST) Operating Income (2016 - 2026)
Vistra (VST) recorded Operating Income of $553 million in Q2 2026, up 7.4% from $515 million a year earlier but down 63.1% from the prior quarter.
Vistra (VST) Operating Income (2016 - 2026) Analysis & Trends
On a TTM basis, Vistra's Operating Income came in at $3.56 billion as of Jun 30, 2026, down 0.5% year-over-year; for FY2025, it came in at $1.91 billion, down 53.3% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $4.08 billion in FY2024 (+53.4%), $2.66 billion in FY2023, -$1.18 billion in FY2022 and -$1.52 billion in FY2021.
- Quarterly Operating Income has ranged from -$1.68 billion in Q2 2022 to $2.59 billion in Q3 2024 over the past five years.
- On a year-over-year basis, Operating Income rose in three of the last six quarters, with growth averaging 98.0%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 651.3% in Q3 2022, against a decline of 92.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.5 billion (Q1 2026), $474 million (Q4 2025) and $1.04 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.38 Bn | 39.58 Bn | - | 553.00 Mn |
| 2 | AXIA Energia | 29.36 Bn | 16.29 Bn | 2.59 Bn | 3.27 Bn |
| 3 | Nrg Energy | 20.40 Bn | 14.62 Bn | 2.01 Bn | 976.00 Mn |
| 4 | Talen Energy | 14.54 Bn | 12.12 Bn | - | -72.00 Mn |
| 5 | Enlight Renewable Energy | 9.08 Bn | 6.01 Bn | 117.49 Mn | 90.93 Mn |
| 6 | Brookfield Renewable Partners | 7.61 Bn | 28.99 Bn | 927.00 Mn | 144.00 Mn |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | -73.19 Mn |
| 8 | Clearway Energy | 6.32 Bn | 8.88 Bn | - | 116.00 Mn |
| 9 | Ormat Technologies | 5.56 Bn | 4.30 Bn | 68.70 Mn | 34.20 Mn |
| 10 | ReNew Energy Global | 4.99 Bn | 3.86 Bn | - | 88.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 553.00 Mn |
| Mar 31, 2026 | 1.50 Bn |
| Dec 31, 2025 | 474.00 Mn |
| Sep 30, 2025 | 1.04 Bn |
| Jun 30, 2025 | 515.00 Mn |
| Mar 31, 2025 | -120.00 Mn |
| Dec 31, 2024 | 599.00 Mn |
| Sep 30, 2024 | 2.59 Bn |
| Jun 30, 2024 | 808.00 Mn |
| Mar 31, 2024 | 86.00 Mn |
| Dec 31, 2023 | 102.00 Mn |
| Sep 30, 2023 | 834.00 Mn |
| Jun 30, 2023 | 591.00 Mn |
| Mar 31, 2023 | 1.13 Bn |
| Dec 31, 2022 | -98.00 Mn |
| Sep 30, 2022 | 894.00 Mn |
| Jun 30, 2022 | -1.68 Bn |
| Mar 31, 2022 | -288.00 Mn |
| Dec 31, 2021 | 886.00 Mn |
| Sep 30, 2021 | 119.00 Mn |
Vistra Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=VST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "VST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=VST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();