VST

Vistra
D

VST

Arincen63/100B

Vistra earnings

Vistra reports its Q4 FY2026 results on 25 February 2027, before the market opens. Analysts expect earnings per share of 2.11 USD and revenue of 5.93B USD.

In Q3 FY2026, reported on 6 November 2026, Vistra earned 3.23 USD a share against the 2.98 USD analysts expected (+8.4%), on revenue of 6.35B USD against 6.03B USD (+5.2%).

Last EPS surprise
+8.4%
Last revenue surprise
+5.2%
Move after the last report
+10.5%
Average move after earnings
4.5%

EPS and revenue against estimates

Next earnings · Q4 FY2026
EPS estimate
2.11 USD
Revenue estimate
5.93B USD
Last quarter · Q3 FY2026
EPS3.23Beat +8.4%Revenue6.35BBeat +5.2%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growthNext-day move
Q4 FY20262.11——+288.58%5.93B——+29.42%—
Q3 FY20262.983.23+8.39%+84.57%6.03B6.35B+5.23%+27.68%+10.5%
Q2 FY20261.610.77-52.17%-4.94%5.46B4.02B-26.49%-5.48%-0.5%
Q1 FY20261.322.87+117.42%—5.22B5.64B+8.13%+9.07%-2.7%
Q4 FY20252.310.54-76.49%-52.37%5.79B4.58B-20.82%-37.73%+0.8%
Q3 FY20252.081.75-15.87%-67.59%6.11B4.97B-18.70%-20.94%-2.6%
Q2 FY20250.880.81-7.43%-10.00%4.74B4.25B-10.42%+15.24%-4.2%
Q1 FY20250.54-0.93-273.51%-504.35%4.55B5.17B+13.69%+85.14%+1.1%
Q4 FY20240.851.14+34.12%—3.91B7.36B+88.14%+117.04%-12.4%
Q3 FY20241.205.40+350.00%+332.00%5.01B6.29B+25.45%+20.83%+7.7%
Q2 FY20241.380.90-34.78%-23.08%3.96B3.69B-6.97%+15.61%+7.0%
Q1 FY20240.620.23-62.84%—2.92B2.79B-4.46%-25.64%+4.4%
Q4 FY2023-0.04-0.55-1,471.43%—3.47B3.39B-2.27%-21.35%+4.1%
Q3 FY20231.581.25-20.89%-17.22%4.09B5.20B+27.36%-10.34%-1.7%
Q2 FY20230.821.17+42.68%-20.95%5.91B3.19B-46.01%+100.88%+5.2%
Q1 FY2023-0.02-0.40-1,900.00%—1.89B3.76B+98.84%+20.19%+5.3%
Q4 FY20224.63-0.73-115.77%-148.67%6.43B4.31B-32.89%+23.37%-1.4%
Q3 FY20221.581.51-4.43%+4,933.33%6.63B5.80B-12.47%+48.44%-1.6%
Q2 FY20220.241.48+509.05%+2,014.29%4.01B1.59B-60.38%-42.21%-4.1%
Q1 FY20220.19-0.06-132.29%—3.83B3.13B-18.42%+0.13%+4.7%
Q4 FY20211.601.50-6.25%—6.01B3.50B-41.80%+37.80%+1.0%
Q3 FY20211.520.03-98.03%-96.91%4.71B3.91B-17.04%+14.97%+6.6%
Q2 FY20210.550.07-87.27%-79.41%3.31B2.75B-16.98%+9.26%-3.3%
Q1 FY2021-2.33-4.21-80.69%-1,603.57%2.30B3.12B+35.73%+19.62%-3.0%
Q4 FY20200.87-0.02-102.30%-104.08%4.69B2.54B-45.94%-10.29%-24.2%
Q3 FY20200.760.97+27.63%+321.74%3.01B3.40B+13.16%-7.28%—
Q2 FY20200.410.34-17.07%-51.43%3.03B2.52B-16.87%+9.49%—
Q1 FY20200.420.28-33.33%+86.67%9.61B2.61B-72.86%-3.76%—
Q4 FY20190.540.49-9.26%—3.15B2.83B-10.27%+1.84%—
Q3 FY20190.870.23-73.56%-61.67%12.08B3.67B-69.64%+3.53%—
Q2 FY20190.260.70+169.23%+250.00%1.96B2.30B+17.16%-9.14%—
Q1 FY20190.200.15-25.00%+87.50%2.71B2.71B-0.07%+123.86%—
Q4 FY20180.50-0.37-174.00%-384.62%3.46B2.78B-19.82%+127.81%—
Q3 FY20180.870.60-31.03%-6.25%4.70B3.54B-24.65%+112.54%—
Q2 FY20180.270.20-25.93%+1,900.00%3.47B2.53B-27.25%+93.87%—
Q1 FY20180.180.08-55.56%-55.56%140.07M1.21B+764.57%+2.28%—
Q4 FY20170.160.13-16.67%—1.15B1.22B+5.76%-5.14%—
Q3 FY20170.390.64+64.10%+46.32%1.63B1.67B+2.36%-1.36%+0.6%
Q2 FY2017-0.010.01+185.69%—1.51B1.30B-13.76%+5.76%+2.7%
Q1 FY20170.080.18+125.00%—1.26B1.18B-5.99%—-2.1%
Q4 FY2016—-0.38———1.29B—+16.29%+0.2%
Q3 FY2016—0.44———1.69B—-2.71%—
Q2 FY2016—-1.17———1.23B—-1.83%—
Q4 FY2015—-0.80———1.05B—-15.88%—
Q4 FY2015—-3.77———1.11B—-11.39%—
Q3 FY2015—-3.55———1.74B—-3.87%—
Q2 FY2015—-0.50———1.26B—-10.67%—
Q4 FY2014—-3.13———1.27B—-4.14%—
Q4 FY2014—-11.85———1.25B—-6.03%—
Q3 FY2014—-0.09—-161.65%—1.81B—-4.54%—
Q2 FY2014—-1.36———1.41B—-0.92%—
Q4 FY2013—-1.27———1.52B—+18.70%—
Q4 FY2013—-3.55———1.33B—+3.83%—
Q3 FY2013—0.14———1.89B—+8.05%—
Q2 FY2013—-0.50———1.42B———
Q4 FY2012—-1.23———1.26B———
Q4 FY2012—-3.97———1.28B———
Q3 FY2012—-0.86———1.75B———

The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.

Q3 FY2026

What the market waited for, and what came

From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.

High importanceMet

Future earnings outlook

Expected2027 adjusted earnings before interest, taxes, depreciation and amortization of about $7.4 billioncompany guidance
The result2027 adjusted EBITDA guidance of $7.7 billion to $8.5 billion

The outlook will show whether lower Texas power prices are weakening Vistra’s earnings prospects.

High importanceNot in the report

Retail electricity earnings

ExpectedRetail adjusted earnings up about $80 million from a year earlieranalysts
The resultNot in the report

Higher electricity sales and prices could lift earnings from Vistra’s largest revenue segment.

High importanceMet

Quarterly adjusted earnings

ExpectedAdjusted earnings before interest, taxes, depreciation and amortization of $2.173 billionanalysts' consensus
The resultThird-quarter adjusted EBITDA of $2.378 billion

This measure shows how much Vistra earned from supplying electricity before financing and certain other costs.

Medium importanceMixed

Full-year earnings outlook

Expected2026 adjusted earnings before interest, taxes, depreciation and amortization of at least $7.2 billioncompany guidance
The result2026 adjusted EBITDA guidance of $7.1 billion to $7.5 billion

A higher or narrower outlook would support confidence that strong electricity demand is translating into earnings.

Beat record

On average, analysts' EPS estimate was 208.7% off the result, either way, and their revenue estimate 19.2%, over the last 12 quarters.

EPS beats
11 / 39
Revenue beats
13 / 39
Average EPS surprise, last 12
-123.7%
Since
May 2017

See also:Forecast,EPS,Income statement

Common questions about Vistra's earnings

Source: Financial Modeling Prep