Reported results
- GAAP Net Income of $1,140 million for the third quarter of 2026, compared to $652 million for the third quarter of 2025
- Ongoing Operations Adjusted EBITDA (non-GAAP) of $2,378 million for the third quarter of 2026, compared to $1,581 million for the third quarter of 2025
- GAAP Operating revenues of $6,347 million for the third quarter of 2026, compared to $4,971 million for the third quarter of 2025
- GAAP Net income attributable to Vistra common stock of $1,092 million for the third quarter of 2026
- Vistra Corp. Consolidated Adjusted EBITDA (non-GAAP) of $2,360 million for the third quarter of 2026
Guidance
- Narrowed 2026 Ongoing Operations Adjusted EBITDA guidance range to $7.1 billion to $7.5 billion ($7,100 million to $7,500 million)
- Narrowed 2026 Ongoing Operations Adjusted FCFbG guidance range to $4.3 billion to $4.7 billion ($4,300 million to $4,700 million)
- Initiated 2027 Ongoing Operations Adjusted EBITDA guidance range of $7.7 billion to $8.5 billion ($7,700 million to $8,500 million)
- Initiated 2027 Ongoing Operations Adjusted FCFbG guidance range of $4.3 billion to $5.1 billion ($4,300 million to $5,100 million)
Price and volatility reaction
The stock moved +10.6% on the print. No front-expiry chain was on file, so there is no straddle expected move.
| Measure | Value | Basis |
|---|---|---|
| Close before release | 112.89 | 2026-11-05 |
| Close after release | 124.8 | 2026-11-06 |
| Realised move | +10.6% | close to close |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.
