Business
Vistra Reports Second Quarter 2026 Results
Vistra Reports Second Quarter 2026
About this update from Vistra Corp.
Earnings Release HighlightsGAAP second quarter 2026 Net Income of $305 million, including an unrealized loss from hedges expected to settle in future years of $472 million. Achieved more than 30% growth in Ongoing Operations Adjusted EBITDA1 to $1,767 million for the quarter compared to second quarter 2025.Reaffirmed 2026 Ongoing Operations Adjusted EBITDA1 and Ongoing Operations Adjusted FCFbG1 guidance ranges of $6.8 billion to $7.6 billion and $3.925 billion to $4.725 billion, respectively.3Announced Helix Digital Infrastructure alongside KKR, KIA, and NVIDIA with an initial commitment from Vistra of up to $1.0 billion.Received Federal Energy Regulatory Commission approval of the pending Cogentrix Energy acquisition.Earned second consecutive distinction as one of U.S. News & World Report's Best Companies to Work For.IRVING, Texas, Aug. 7, 2026 /PRNewswire/ -- Vistra Corp. (NYSE: VST) today reported its second quarter 2026 financial results and other highlights."The Vistra team delivered another strong quarter, building on our momentum from the start of the year and continuing to execute at a high level," said Jim Burke, president and CEO of Vistra. "I'm incredibly proud of our employees across the company - through their commitment, collaboration, and focus on serving our customers, Vistra delivered a more than 30% year-over-year increase in Ongoing Operations Adjusted EBITDA.1 From our generation team maintaining a reliable fleet, to our commercial and retail teams navigating dynamic market conditions and delivering solutions for customers, these results reflect the hard work and dedication of our people.""We also announced an important investment to further position Vistra for long-term growth. The formation of Helix Digital Infrastructure, alongside our partners NVIDIA, KKR, and Kuwait Investment Authority, as well as Vistra's role as Helix's preferred power provider, create an exciting opportunity for the company. At the same time, we continued advancing key strategic initiatives, including the pending Cogentrix acquisition, construction of our two Permian Basin natural gas units, and development of solar facilities, including Oak Hill 2 and Pulaski.""Operationally, the Vistra team's preparation and disciplined execution during our annual spring maintenance season set us up for strong, reliable performance during the fi...