VST · 8-K · 20260807PR000017

Net Income and Profitability

Vistra Corp. · 2026-08-07 · Importance 43 · Surprise 32 · No source text

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 positions, mostly offset by higher realized prices, capacity revenue, and three months of Lotus plant contributions. Net income attributable to common stockholders decreased to $258 million from $280 million after $47 million of preferred-stock dividends in each quarter. Six-month net income increased to $1,334 million from $59 million, while six-month common-stock income increased to $1,238 million from a $37 million loss.

Key facts

• For the quarter ended June 30, 2026, Vistra reported Net Income of $305 million and Ongoing Operations Adjusted EBITDA of $1,767 million. source
• Net income (loss) before income taxes for the three months ended June 30, 2026: $427 million. source
• Net income attributable to Vistra for the six months ended June 30, 2026: $1,334 million. source
• The quarter included an unrealized loss from hedges expected to settle in future years of $472 million. source
• Net Income for Q2 2026 decreased $22 million compared to Q2 2025, driven primarily by an increase in unrealized mark-to-market losses of $488 million on derivative positions. source
• GAAP second quarter 2026 Net Income: $305 million. source
• Net income for the three months ended June 30, 2025: $327 million. source

Impact estimates