VST · 8-K · 20260807PR000017

Operating Income and Margins

Vistra Corp. · 2026-08-07 · Importance 24 · Surprise 14 · In source text

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, and delivery fees to $1,774 million, partly offset by a $120 million increase in operating costs to $853 million. Depreciation and amortization declined $96 million to $445 million, while second-quarter operating margin increased to approximately 13.8% from 12.1%. Six-month operating income increased to $2,052 million from $395 million, including the absence of the $68 million prior-year impairment charge.

Key facts

• For the three months ended June 30, 2026, unrealized net (gain) loss resulting from commodity hedging transactions totaled $472 million consolidated. source
• Operating income for the three months ended June 30, 2026: $553 million. source

Impact estimates