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Vistra (VST) Revenue & Revenue Breakdown

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Vistra Revenue Highlights

Latest Revenue (Y)

$17.74B

Latest Revenue (Q)

$-9.42B

Main Segment (Y)

Retail Energy Charge In ERCOT

Main Geography (Y)

East Segment

Vistra Revenue by Period

Vistra Revenue by Year

DateRevenueChange
2025-12-31$17.74B-8.46%
2024-12-31$19.38B24.67%
2023-12-31$15.54B-12.86%
2022-12-31$17.84B33.78%
2021-12-31$13.33B20.53%
2020-12-31$11.06B-3.83%
2019-12-31$11.50B14.46%
2018-12-31$10.05B86.78%
2017-12-31$5.38B2.32%
2016-12-31$5.26B-2.09%
2015-12-31$5.37B-10.17%
2014-12-31$5.98B1.34%
2013-12-31$5.90B4.67%
2012-12-31$5.64B-

Vistra generated $17.74B in revenue during NA 2025, up -8.46% compared to the previous quarter, and up 160.35% compared to the same period a year ago.

Vistra Revenue by Quarter

DateRevenueChange
2025-09-30$-9.42B-321.67%
2025-06-30$4.25B-17.81%
2025-03-31$5.17B-29.76%
2024-12-31$7.36B33.03%
2024-09-30$5.53B50.05%
2024-06-30$3.69B32.04%
2024-03-31$2.79B-17.66%
2023-12-31$3.39B-34.82%
2023-09-30$5.20B63.13%
2023-06-30$3.19B-15.07%
2023-03-31$3.76B-12.91%
2022-12-31$4.31B-25.69%
2022-09-30$5.80B54.03%
2022-06-30$3.77B-4.66%
2022-03-31$3.95B13.04%
2021-12-31$3.50B-10.59%
2021-09-30$3.91B42.29%
2021-06-30$2.75B-11.95%
2021-03-31$3.12B23.02%
2020-12-31$2.54B-25.40%
2020-09-30$3.40B35.23%
2020-06-30$2.52B-3.60%
2020-03-31$2.61B-7.74%
2019-12-31$2.83B-22.90%
2019-09-30$3.67B59.69%
2019-06-30$2.30B-15.27%
2019-03-31$2.71B-2.38%
2018-12-31$2.78B-21.62%
2018-09-30$3.54B40.15%
2018-06-30$2.53B108.75%
2018-03-31$1.21B28.42%
2017-12-31$943.00M-48.55%
2017-09-30$1.83B41.44%
2017-06-30$1.30B-4.50%
2017-03-31$1.36B13.94%
2016-12-31$1.19B-29.53%
2016-09-30$1.69B37.06%
2016-06-30$1.23B17.54%
2016-03-31$1.05B-5.07%
2015-12-31$1.10B-36.38%
2015-09-30$1.74B-

Vistra generated $-9.42B in revenue during Q3 2025, up -321.67% compared to the previous quarter, and up -255.45% compared to the same period a year ago.

Vistra Revenue Breakdown

Vistra Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Retail Energy Charge In Northeast/Midwest$4.06B$3.60B$1.64B--
Revenue From Other Wholesale Contracts$1.15B$1.05B$1.48B--
Retail Energy Charge In ERCOT$8.97B$8.06B$7.67B--
Capacity Revenue$227.00M$74.00M$98.00M--
Wholesale Generation Revenue From ERCOT$3.19B$1.98B$2.91B--
Hedging And Other Revenues$-766.00M$971.00M$1.00M--
Total Other Revenues$152.00M$2.46B$975.00M$-4.75B-
Intersegment Sales$-8.53B$-7.51B---
Retail Contract Amortization--$-6.00M--
Affiliate Sales---$-4.75B-
Retail Segment----$7.87B
Asset Closure Segment-----
Sunset Segment----$739.00M
Texas Segment----$2.79B
West Segment----$374.00M

Vistra's latest annual revenue breakdown by segment (product or service), as of Dec 25: Retail Energy Charge In ERCOT (106.22%), Retail Energy Charge In Northeast/Midwest (48.09%), Wholesale Generation Revenue From ERCOT (37.77%), Revenue From Other Wholesale Contracts (13.58%), Capacity Revenue (2.69%), Total Other Revenues (1.80%), Hedging And Other Revenues (-9.07%), and Intersegment Sales (-101.07%).

Quarterly Revenue by Product

Product/ServiceDec 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
East Segment$1.17B-------------------
Retail Energy Charge In Northeast/Midwest$2.23B$793.00M$1.04B$1.88B$1.05B$663.00M$1.18B$464.00M------------
Revenue From Other Wholesale Contracts$399.00M$250.00M$331.00M$512.00M$252.00M$286.00M$1.13B$349.00M------------
Wholesale Generation Revenue From ERCOT$1.84B$474.00M$874.00M$969.00M$520.00M$489.00M$1.62B$1.29B------------
Texas Segment$1.16B$191.00M$1.35B$1.82B$-623.00M$1.33B$843.00M$1.08B$793.00M$1.59B----------
Retail Energy Charge In ERCOT$4.77B$2.21B$1.99B$3.86B$2.50B$1.70B$5.01B$2.67B------------
Retail Segment$2.08B$2.43B$2.35B$2.58B$1.79B$2.04B$2.16B$1.75B$1.89B$2.52B----------
Intersegment Sales-$-2.60B------------------
Total Other Revenues-$497.00M$-317.00M$621.00M$1.95B$-105.00M$1.68B$-703.00M$-3.45B$1.40B$609.00M---------
Hedging And Other Revenues-$50.00M$-513.00M$1.94B$-106.00M$970.00M$1.00M$1.00M------------
Capacity Revenue$177.00M$30.00M$20.00M$37.00M$18.00M$19.00M$78.00M$20.00M------------
Affiliate Sales-------$-3.45B$1.40B$609.00M----------
Intangible Amortization-----$-1.00M--------------
Asset Closure Segment-----------$121.00M---$3.00M----
West Segment--------$224.00M$231.00M$-51.00M$79.00M$203.00M$90.00M$33.00M$71.00M$84.00M---
Sunset Segment--------$314.00M$828.00M$900.00M$-83.00M$630.00M$-122.00M$279.00M$464.00M$250.00M---

Vistra's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Retail Energy Charge In ERCOT (34.54%), Retail Energy Charge In Northeast/Midwest (16.11%), Retail Segment (15.02%), Wholesale Generation Revenue From ERCOT (13.31%), East Segment (8.49%), Texas Segment (8.37%), Revenue From Other Wholesale Contracts (2.89%), and Capacity Revenue (1.28%).

Vistra Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
East Segment$6.17B$5.66B$4.21B$3.71B$2.59B
West Segment$328.00M$877.00M$914.00M$336.00M$374.00M

Vistra's latest annual revenue breakdown by geography, as of Dec 25: East Segment (94.96%), and West Segment (5.04%).

Quarterly Revenue by Country

CountryDec 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
West Segment-$68.00M$157.00M$350.00M$242.00M$285.00M$115.00M$344.00M$224.00M$231.00M$-51.00M$236.00M$79.00M$72.00M$203.00M$90.00M$48.00M$33.00M$71.00M$84.00M
East Segment$1.56B$1.48B$1.38B$3.50B$1.52B$637.00M$909.00M$651.00M$846.00M$1.81B$1.31B$1.13B$319.00M$955.00M$849.00M$508.00M$505.00M$724.00M$570.00M$644.00M

Vistra's latest quarterly revenue breakdown by geography, as of Dec 25: East Segment (100.00%).

Vistra Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
NRGNRG Energy$30.71B-
DUKDuke Energy$30.36B$8.54B
EXCExelon$24.26B$6.71B
AEPAmerican Electric Power$21.88B$6.01T
NGGNational Grid$19.85B$11.36B
VSTVistra$17.74B$-9.42B
DDominion Energy$16.51B$4.53B
XELXcel Energy$14.67B$3.64B
SRESempra$13.70B$3.00B
ETREntergy$12.95B$3.81B
PEGPublic Service Enterprise Group$12.17B$3.23B

VST Revenue FAQ

What is Vistra’s yearly revenue?

Vistra's yearly revenue for 2025 was $17.74B, representing a decrease of -8.46% compared to 2024. The company's yearly revenue for 2024 was $19.38B, representing an increase of 24.67% compared to 2023. VST's yearly revenue for 2023 was $15.54B, representing a decrease of -12.86% compared to 2022.

What is Vistra’s quarterly revenue?

Vistra's quarterly revenue for Q3 2025 was $-9.421B, a -321.67% decrease from the previous quarter (Q2 2025), and a -270.24% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $4.25B, a -17.81% decrease from the previous quarter (Q1 2025), and a 15.24% increase year-over-year (Q2 2024). VST's quarterly revenue for Q1 2025 was $5.17B, a -29.76% decrease from the previous quarter (Q4 2024), and a 85.14% increase year-over-year (Q1 2024).

What is Vistra’s revenue growth rate?

Vistra's revenue growth rate for the last 3 years (2023-2025) was 14.12%, and for the last 5 years (2021-2025) was 33.04%.

What are Vistra’s revenue streams?

Vistra's revenue streams in c 25 are Retail Energy Charge In Northeast/Midwest, Revenue From Other Wholesale Contracts, Retail Energy Charge In ERCOT, Capacity Revenue, Wholesale Generation Revenue From ERCOT, Hedging And Other Revenues, Total Other Revenues, and Intersegment Sales. Retail Energy Charge In Northeast/Midwest generated $4.06B in revenue, accounting 48.09% of the company's total revenue, up 12.91% year-over-year. Revenue From Other Wholesale Contracts generated $1.15B in revenue, accounting 13.58% of the company's total revenue, up 9.14% year-over-year. Retail Energy Charge In ERCOT generated $8.97B in revenue, accounting 106.22% of the company's total revenue, up 11.19% year-over-year. Capacity Revenue generated $227M in revenue, accounting 2.69% of the company's total revenue, up 206.76% year-over-year. Wholesale Generation Revenue From ERCOT generated $3.19B in revenue, accounting 37.77% of the company's total revenue, up 61.17% year-over-year. Hedging And Other Revenues generated $-766M in revenue, accounting -9.07% of the company's total revenue, down -178.89% year-over-year. Total Other Revenues generated $152M in revenue, accounting 1.80% of the company's total revenue, down -93.83% year-over-year. Intersegment Sales generated $-8.531B in revenue, accounting -101.07% of the company's total revenue, up 13.63% year-over-year.

What is Vistra’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Vistra was Retail Energy Charge In ERCOT. This segment made a revenue of $8.97B, representing 106.22% of the company's total revenue.