VST · Utilities

Vistra Corp.

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

Nuclear Reliable Power DemandImportance 26 · Surprise 24
Third-party coverage identifies surging demand for reliable, clean electricity as a growth driver for nuclear generators, including Vistra. Vistra’s nuclear fleet is highlighted as an advantage for serving AI and…
Data Center / Load GrowthImportance 17 · Surprise 24
Vistra is positioned to benefit from rising U.S. electricity demand from hyperscale data centers and AI operations. SpaceX reportedly plans to secure up to 20 gigawatts of power capacity for AI-focused activities,…

8-K · 2026-08-07

Operating Cash Flow TrendsImportance 69 · Surprise 64
Six-month cash provided by operating activities increased to $2,222 million from $1,171 million, an improvement of $1,051 million or 89.8%. The increase reflected six-month net income of $1,334 million versus $59…
Acquisition / Partnership / DivestitureImportance 64 · Surprise 42
Vistra announced Helix Digital Infrastructure with KKR, Kuwait Investment Authority, and NVIDIA, committing up to $1.0 billion initially. Vistra will serve as Helix's preferred power provider, positioning its…
Capital Return ProgramImportance 64 · Surprise 42
Vistra executed approximately $6.5 billion of share repurchases since November 2021. The repurchases reduced shares outstanding by approximately 30% from November 2, 2021, to approximately 336 million shares as of…
AI Infrastructure InvestmentImportance 64 · Surprise 42
Vistra announced Helix Digital Infrastructure with KKR, Kuwait Investment Authority, and NVIDIA. Vistra committed up to $1.0 billion initially and will serve as Helix’s preferred power provider. The initiative is…
Revenue Performance and MixImportance 58 · Surprise 56
Second-quarter operating revenues decreased to $4,017 million from $4,250 million, a $233 million or 5.5% year-over-year decline. Six-month operating revenues increased to $9,657 million from $8,183 million, up $1,474…
Guidance / OutlookImportance 58 · Surprise 24
Vistra reaffirmed 2026 Ongoing Operations Adjusted EBITDA guidance of $6.8 billion to $7.6 billion. The company also reaffirmed 2026 Ongoing Operations Adjusted FCFbG guidance of $3.925 billion to $4.725 billion. As of…
Data Center / Load GrowthImportance 58 · Surprise 42
Vistra announced Helix Digital Infrastructure with KKR, Kuwait Investment Authority, and NVIDIA, and will serve as Helix’s preferred power provider. The company also disclosed signed long-term power purchase agreements…
Capital ExpendituresImportance 55 · Surprise 32
Six-month capital expenditures, including nuclear fuel purchases and long-term service agreement prepayments, increased to $1,572 million from $1,458 million, up $114 million or 7.8%. Six-month 2026 investing activity…
Guidance and OutlookImportance 53 · Surprise 6
Vistra reaffirmed its 2026 Ongoing Operations Adjusted EBITDA guidance range of $6.8 billion to $7.6 billion and Ongoing Operations Adjusted FCFbG guidance range of $3.925 billion to $4.725 billion. As of August 3,…
Income Tax Rate ChangesImportance 51 · Surprise 64
Second-quarter income tax expense increased to $122 million from $76 million, a $46 million or 60.5% year-over-year increase. The resulting second-quarter effective tax rate was approximately 28.6%, compared with 18.9%…
Operating Expense TrendsImportance 47 · Surprise 22
Second-quarter operating costs increased to $853 million from $733 million, up $120 million or 16.4% year over year. Selling, general, and administrative expenses decreased to $392 million from $419 million, a $27…
Regulatory Approval MilestonesImportance 47 · Surprise 60
The Federal Energy Regulatory Commission approved Vistra’s pending acquisition of Cogentrix Energy on August 7, 2026. Vistra’s 2026 guidance ranges exclude any potential benefit from the Cogentrix acquisition. The…
Net Income and ProfitabilityImportance 43 · Surprise 32
Second-quarter GAAP net income declined to $305 million from $327 million, a $22 million or 6.7% decrease. The decline was driven primarily by a $488 million increase in unrealized mark-to-market losses on derivative…
Liquidity and Cash PositionImportance 36 · Surprise 6
As of June 30, 2026, Vistra had approximately $6,295 million of total available liquidity. The liquidity balance included $435 million of cash and cash equivalents, $4,408 million of corporate revolving-credit-facility…
Manufacturing and CapacityImportance 31 · Surprise 42
Vistra is constructing two natural gas units in the Permian Basin and developing solar facilities, including Oak Hill 2 and Pulaski. These projects expand the company’s generation capacity across natural gas and solar…
Operating Income and MarginsImportance 24 · Surprise 14
Second-quarter operating income increased to $553 million from $515 million, a $38 million or 7.4% year-over-year improvement. Operating income benefited from a $200 million reduction in fuel, purchased power costs,…
Grid Modernization and ReliabilityImportance 17 · Surprise 24
Vistra reported commercial availability of 97% or greater across its fleet during recent periods of extreme heat in Texas and the PJM market. The company attributed the performance to preparation and disciplined…

News · 2026-08-07

Cogentrix Acquisition ApprovalImportance 59 · Surprise 60
Vistra received approval for its acquisition of Cogentrix Energy. The transaction is expected to add approximately 5.5 gigawatts of generation capacity to Vistra's existing fleet. Third-party reporting identifies the…
Acquisition / Partnership / DivestitureImportance 53 · Surprise 60
Vistra launched Helix Digital Infrastructure with KKR, NVIDIA and the Kuwait Investment Authority. Vistra plans to commit up to $1 billion to the venture, which is designed as a rack-to-grid platform for hyperscale…
Margin DriversImportance 52 · Surprise 56
Ongoing Operations Adjusted EBITDA rose more than 30% year over year to $1.767 billion in the second quarter of 2026. Generation earnings increased 68%, driven by higher realized prices and contributions from the Lotus…
Revenue Performance and MixImportance 46 · Surprise 56
Vistra reported second-quarter 2026 revenue of $4.02 billion, below analyst estimates ranging from $5.46 billion to $5.73 billion. GAAP net income declined 6.7% year over year, reflecting unrealized commodity-hedging…
Guidance / OutlookImportance 44 · Surprise 42
Vistra reaffirmed its full-year 2026 guidance following its second-quarter results. Management's outlook was supported by hedging activity, higher realized power prices, strong generation and retail performance, and…
AI Infrastructure PartnershipImportance 34 · Surprise 42
Vistra launched Helix Digital Infrastructure, a rack-to-grid platform intended to provide power and digital infrastructure for hyperscale data centers. The venture involves KKR, NVIDIA and the Kuwait Investment…
Capital Return ProgramImportance 32 · Surprise 6
Vistra repurchased $709 million of shares during the first half of 2026. The company reaffirmed that it continues to prioritize capital returns alongside its operating investments. Vistra also declared a quarterly…
Weather Impact on DemandImportance 20 · Surprise 24
Extreme heat in some of Vistra’s markets increased power demand during the second quarter. Reuters reported that strong power-generation performance benefited from these conditions, alongside broader demand for…

News · 2026-08-04

Revenue Performance and MixImportance 46 · Surprise 56
Vistra reported second-quarter 2026 revenue of $4.02 billion, below analyst estimates ranging from $5.46 billion to $5.73 billion. GAAP net income declined 6.7% year over year, reflecting unrealized commodity-hedging…
Capital Return ProgramImportance 32 · Surprise 6
Vistra repurchased $709 million of shares during the first half of 2026. The company reaffirmed that it continues to prioritize capital returns alongside its operating investments. Vistra also declared a quarterly…