---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-268033"
form_type: "8-K"
ticker: "VST"
cik: "0001692819"
company_name: "Vistra Corp."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:48:27.937137+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Vistra Reports Q3 2025 Net Income of $652M, Narrows 2025 EBITDA Guidance to $5.7B-$5.9B

## Summary
- Third quarter 2025 GAAP Net Income of $652 million and Ongoing Operations Adjusted EBITDA of $1,581 million.
- Narrowed 2025 Ongoing Operations Adjusted EBITDA guidance range to $5.7B-$5.9B and initiated 2026 guidance of $6.8B-$7.6B.
- Board authorized an additional $1.0 billion share repurchase program, with ~$2.2B remaining authorization expected to be used by year-end 2027.
- Completed acquisition of seven natural gas plants from Lotus Infrastructure Partners, adding approximately 2,600 MW of capacity.
- Announced 20-year power purchase agreement for 1,200 MW from Comanche Peak Nuclear Plant with an investment-grade counterparty.

## SEC filing metadata
- accession: 0001193125-25-268033
- form_type: 8-K
- ticker: VST
- cik: 0001692819
- company_name: Vistra Corp.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692819/000119312525268033/0001193125-25-268033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692819/000119312525268033/d33941d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-268033
- JSON: https://secwatch.observer/filing/0001193125-25-268033.json
- Plain text: https://secwatch.observer/filing/0001193125-25-268033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.