Vistra Corp. (VST) Revenue by Segment

Vistra revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Vistra's largest business segment was Retail, with $3.34 billion or 76% of revenue, down 5.3% from a year earlier. Next: East (18%), Texas (5%) and West (2%).

By product or service, Retail Energy Charge In ERCOT brought in 51%, Retail Energy Charge In Northeast/Midwest brought in 25% and Wholesale Generation Revenue From ERCOT brought in 14% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Retail (-5.3%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2018.

Vistra Corp.

VSTUtilities

United States

Utilities

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

RetailTexasEastErcotSunsetWestPjmAsset ClosureOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Retail	USD 3.34B	76.0%	-5.3%
East	USD 774.00M	17.6%	-47.7%
Texas	USD 203.00M	4.6%	-88.6%
West	USD 79.00M	1.8%	+216.0%

Sum of items USD 4.40B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18
Retail	3.3B	3.7B	3.2B	4.1B	3.5B	3.0B	2.9B	4.3B	3.2B	2.4B	–	3.1B	2.4B	2.4B	2.1B	3.3B	2.3B	2.0B	–	2.5B	1.9B	1.7B	1.9B	2.5B	2.0B	1.9B	–	2.2B	1.4B	1.4B	1.4B	1.8B	1.5B	972.0M
Texas	203.0M	3.0B	349.0M	1.8B	1.8B	207.0M	470.0M	4.2B	221.0M	172.0M	–	899.0M	191.0M	1.4B	648.0M	3.6B	87.0M	271.0M	–	299.0M	184.0M	5.3B	873.0M	1.5B	841.0M	861.0M	–	1.1B	–	–	–	–	–	–
East	774.0M	2.3B	1.1B	1.8B	1.5B	920.0M	1.4B	1.9B	1.5B	477.0M	–	441.0M	846.0M	1.8B	657.0M	1.1B	368.0M	639.0M	–	345.0M	228.0M	315.0M	572.0M	644.0M	465.0M	734.0M	–	388.0M	–	–	–	–	–	–
Ercot	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.7B	954.0M	444.0M	1.4B	1.3B	- 533.0M
Sunset	–	–	–	–	–	–	–	–	–	–	–	189.0M	314.0M	828.0M	–	280.0M	234.0M	218.0M	–	282.0M	205.0M	765.0M	70.0M	299.0M	221.0M	346.0M	–	252.0M	–	–	–	–	–	–
West	79.0M	89.0M	77.0M	165.0M	25.0M	94.0M	–	232.0M	193.0M	136.0M	–	129.0M	224.0M	231.0M	236.0M	236.0M	88.0M	97.0M	–	119.0M	55.0M	59.0M	71.0M	84.0M	45.0M	82.0M	–	47.0M	–	–	–	–	–	–
Pjm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	686.0M	705.0M	–	620.0M	485.0M	–
Asset Closure	–	6.0M	–	2.0M	20.0M	4.0M	10.0M	11.0M	9.0M	9.0M	–	–	–	–	40.0M	68.0M	249.0M	192.0M	–	137.0M	67.0M	55.0M	316.0M	1.0M	2.0M	–	–	63.0M	58.0M	85.0M	2.0M	- 1.0M	21.0M	28.0M
Ny/Ne	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	254.0M	344.0M	–	301.0M	187.0M	–
Miso	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	188.0M	169.0M	–	230.0M	257.0M	–
Intersegment eliminations	–	–	- 3.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	- 424.0M	- 1.1B	- 1.2B	298.0M
Corporate and other	–	- 3.4B	–	- 2.9B	- 2.6B	–	- 885.0M	- 4.3B	- 1.3B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	91.0M	31.0M	–

Vistra revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Retail	$3.3B	$3.7B	$4.1B	$3.5B	76%
East	$774.0M	$2.3B	$1.8B	$1.5B	18%
Texas	$203.0M	$3.0B	$1.8B	$1.8B	5%
West	$79.0M	$89.0M	$165.0M	$25.0M	2%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Vistra revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Retail Energy Charge In ERCOT	$2.3B	$1.9B	$2.7B	$2.2B	51%
Retail Energy Charge In Northeast/Midwest	$1.1B	$1.3B	$1.1B	$793.0M	25%
Wholesale Generation Revenue From ERCOT	$620.0M	$1.4B	$683.0M	$474.0M	14%
Revenue From Other Wholesale Contracts	$303.0M	$350.0M	–	$250.0M	7%
Capacity Revenue	$134.0M	$122.0M	$79.0M	$30.0M	3%
Transferable Production Tax Credit Revenues	$3.0M	$2.0M	$145.0M	$4.0M	under 1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Vistra's business segments?

Retail, East, Texas and West (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Vistra?

Retail: $3.34 billion, or 76% of revenue, in Q2 fiscal 2026.

What are Vistra's main products and services?

By revenue in Q2 fiscal 2026: Retail Energy Charge In ERCOT (51%), Retail Energy Charge In Northeast/Midwest (25%), Wholesale Generation Revenue From ERCOT (14%) and Revenue From Other Wholesale Contracts (7%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.