Vistra (VST) Q3 2025: $652M Profit, 2026 EBITDA Outlook Raised to $6.8–$7.6B; Board Adds $1B Buyback
Vistra reported Q3 GAAP net income of $652 million and revenue of $4.97 billion, down 21% year over year. The board approved an extra $1 billion in share repurchases through 2027. The company completed 2.6 GW in gas plant acquisitions and signed a 20-year, 1,200-MW nuclear PPA. 2025 Adjusted EBITDA guidance narrowed to $5.7–$5.9 billion; 2026 guidance set at $6.8–$7.6 billion.