Vistra Posts $1.77 Billion Q2 Adjusted EBITDA, Reaffirms 2026 Outlook
Updated
Updated · investor.vistracorp.com · Aug 7
Vistra Posts $1.77 Billion Q2 Adjusted EBITDA, Reaffirms 2026 Outlook
1 articles · Updated · investor.vistracorp.com · Aug 7
Summary
$1.767 billion in Q2 ongoing-operations adjusted EBITDA rose more than 30% from a year earlier, while net income slipped to $305 million from $327 million.
A $488 million increase in unrealized mark-to-market losses on derivatives weighed on profit, but higher realized energy and capacity prices and three months of contribution from Lotus plants lifted EBITDA.
Vistra reaffirmed 2026 guidance for $6.8 billion to $7.6 billion in adjusted EBITDA and said it had hedged about 100% of expected 2026 generation, 94% for 2027 and 72% for 2028.
97% commercial availability or better across its fleet during recent extreme heat in Texas and PJM supported reliability, as the company also advanced the pending Cogentrix acquisition and Permian gas and solar projects.
$6.295 billion of available liquidity at June 30 gives Vistra room to pursue growth plans, including Helix Digital Infrastructure, where it will serve as preferred power provider alongside NVIDIA, KKR and Kuwait Investment Authority.