Vistra (VST) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year earlier. The reported figure represents a continuation of the upward trend seen over the trailing twelve months.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year earlier. The reported figure represents a continuation of the upward trend seen over the trailing twelve months.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
+27.3%
Change from the immediately preceding quarter.
Year-over-year
+10.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $3.7B | +27.2% |
| Mar 31, 2025 | $4.3B | +34.5% |
| Jun 30, 2025 | $3.8B | +4.3% |
| Sep 30, 2025 | $4.8B | +10.1% |
Revenue performance
The quarter's revenue was higher than the immediately preceding quarter, reversing the decline seen in the sequential period. Compared to the same quarter one year ago, revenue also showed an increase.
Quarterly comparison
The revenue growth from the prior quarter was substantial, while the year-over-year gain was more moderate. The trailing twelve-month revenue reflects the cumulative effect of these quarterly changes.
What to watch
Monitor whether revenue can sustain its recent growth trajectory given the variability in quarterly performance.