Vistra Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	19,445	17,738	17,224	14,779	13,728	12,077
Revenue Growth (YoY)	7.41%	2.98%	16.54%	7.66%	13.67%	5.54%
Fuel and Purchased Power Expense	9,184	9,101	7,285	7,557	10,401	9,169
Operations and Maintenance Expenses	4,560	4,517	4,015	3,010	2,834	2,599
Gross Profit	5,701	4,120	5,924	4,212	493	309
Depreciation & Amortization Expenses	1,948	1,986	1,843	1,502	1,596	1,753
Other Operating Expenses	228	228	-	49	74	71
Operating Income	3,525	1,906	4,081	2,661	-1,177	-1,515
Interest Expense	-1,123	-1,179	-900	-740	-368	-384
Other Non-Operating Income (Expense)	274	396	286	79	-15	177
Total Non-Operating Income (Expense)	-849	-783	-614	-661	-383	-207
Pretax Income	2,779	1,123	3,467	2,000	-1,560	-1,722
Provision for Income Taxes	538	179	655	508	-350	-458
Net Income	2,049	752	2,467	1,343	-1,377	-1,295
Minority Interest in Earnings	-	-	153	-1	17	10
Net Income Attributable to Preferred Dividends	192	192	192	150	150	21
Net Income to Common	2,049	752	2,467	1,343	-1,377	-1,295
Net Income Growth	-8.28%	-69.52%	83.69%	-	-	-
Shares Outstanding (Basic)	339	339	345	370	422	482
Shares Outstanding (Diluted)	344	346	353	375	422	482
Shares Change (YoY)	-1.23%	-1.96%	-6.03%	-11.19%	-12.39%	-1.81%
EPS (Basic)	6.05	2.22	7.16	3.63	-3.26	-2.69
EPS (Diluted)	5.97	2.18	7.00	3.58	-3.26	-2.69
EPS Growth	-6.13%	-68.86%	95.53%	-	-	-
Shares Outstanding	338.08	338.06	339.75	351.14	389.68	463.9
Free Cash Flow	1,803	1,318	2,485	3,777	-816	-1,239
Free Cash Flow Growth	36.80%	-46.96%	-34.21%	-	-	-
Free Cash Flow Per Share	5.24	3.81	7.05	10.07	-1.93	-2.57
Dividends Per Share	0.906	0.901	0.874	0.821	0.724	0.600
Dividend Growth	0.50%	3.21%	6.46%	13.33%	20.67%	11.11%
Gross Margin	29.32%	23.23%	34.39%	28.50%	3.59%	2.56%
Operating Margin	18.13%	10.75%	23.69%	18.01%	-8.57%	-12.54%
Profit Margin	11.52%	5.32%	16.33%	10.10%	-8.81%	-10.47%
FCF Margin	9.27%	7.43%	14.43%	25.56%	-5.94%	-10.26%
EBITDA	6,550	4,990	6,826	4,651	904	573
EBITDA Margin	33.68%	28.13%	39.63%	31.47%	6.59%	4.74%
EBIT	3,525	1,906	4,081	2,661	-1,177	-1,515
EBIT Margin	18.13%	10.75%	23.69%	18.01%	-8.57%	-12.54%
Effective Tax Rate	19.36%	15.94%	18.89%	25.40%	22.44%	26.60%

Updated May 7, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q