Vistra Q2 Adjusted EBITDA up over 30% to $1.77 billion; net income falls to $305 million
Vistra reported second quarter 2026 results on August 7, 2026. Ongoing Operations Adjusted EBITDA rose to $1,767 million from $1,349 million a year earlier, while GAAP net income fell to $305 million from $327 million and operating revenues fell to $4,017 million from $4,250 million. The company reaffirmed its 2026 Ongoing Operations Adjusted EBITDA guidance of $6.8 billion to $7.6 billion.
Key points
- Q2 2026 operating revenues were $4,017 million, down from $4,250 million in Q2 2025.
- Net income was $305 million, including an unrealized hedge loss of $472 million on positions expected to settle in future years.
- 2026 Ongoing Operations Adjusted EBITDA guidance of $6.8 billion to $7.6 billion was reaffirmed.
- Vistra announced Helix Digital Infrastructure with KKR, KIA, and NVIDIA, with an initial Vistra commitment of up to $1.0 billion.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.