$VST · Vistra Corp.
Vistra Corp. filed its 10-Q for the quarter ended September 30, 2026. Operating revenues rose 27.7% year-over-year to $6.347B, and net income attributable to Vistra climbed to $1.14B from $652M. Diluted EPS was $3.23 versus $1.75, with operating margin of 26.9%. Nine-month net income attributable to Vistra reached $2.474B versus $711M a year earlier.
- Q3 operating revenues of $6.347B, up 27.7% from $4.971B a year ago.
- Q3 net income attributable to Vistra of $1.14B versus $652M in Q3 2025.
- Diluted EPS of $3.23, up from $1.75 in the prior-year quarter.
- Nine-month net income attributable to Vistra of $2.474B versus $711M.
- Texas segment Q3 net income of $1.863B versus $823M a year earlier.
Shares closed up 10.55% to $124.80, with extended-hours trading at $125.19 (+0.31% vs regular close), suggesting the market had already priced in strong results.
Vistra's Texas generation business nearly tripled segment net income, driving a sharp year-over-year earnings surge that powered a double-digit stock gain.
Vistra's Texas generation segment drove the surge, with Q3 net income of $1.863B versus $823M, reflecting strong ERCOT power pricing and higher production volumes.
A $269M impairment of long-lived assets was recorded in Q3 2026 versus $5M a year earlier. Retail segment nine-month net income swung to a $103M loss from $969M profit on $1.097B of unrealized mark-to-market losses.