earnings
confidence high
sentiment positive
materiality 0.75
Vistra Q1 Net Income $1,029M; reaffirms FY26 EBITDA guidance $6.8-$7.6B
Vistra Corp.
2026-Q1 EPS reported
$2.87
revenue$5,640,000,000
- GAAP net income of $1,029M vs. $(268)M YoY; includes $723M unrealized hedge gain.
- Ongoing operations adjusted EBITDA of $1,494M, up $254M YoY on higher capacity prices.
- Reaffirms FY26 guidance: adj. EBITDA $6.8-$7.6B; adj. FCFbG $3.925-$4.725B.
- Targets closing 5,500-MW Cogentrix gas portfolio acquisition in H2 2026; signed long-term PPAs with Meta at PJM nuclear sites.
- Fitch upgraded corporate credit to Investment Grade; ~$1.5B left in share buyback authorization.