Filing Flows › Vistra (VST) › Operating margin
Vistra (VST) operating margin by quarter
Vistra's operating margin was 26.9% in Q3 2026 (third quarter 2026), +13.1 pts from Q2 2026. Over the last 6 quarters it ranged from 10.3% (Q4 2025) to 26.9% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 26.9% | +13.1 pts | +6.0 pts |
| Q2 2026 | 13.8% | -12.8 pts | +1.6 pts |
| Q1 2026 | 26.6% | +16.2 pts | — |
| Q4 2025 | 10.3% | -10.5 pts | — |
| Q3 2025 | 20.9% | +8.7 pts | — |
| Q2 2025 | 12.1% | — | — |
Q3 2026 at a glance
Vistra, Q3 2026: revenue $6.3B (+28% year over year), operating margin 26.9%, net earnings $1.1B. The chart follows the revenue to costs, profit and cash.
Questions
What is Vistra's operating margin?
Vistra's operating margin was 26.9% in Q3 2026 (third quarter 2026), +13.1 pts from Q2 2026.
How has Vistra's operating margin changed?
Over the last 6 quarters it ranged from 10.3% (Q4 2025) to 26.9% (Q3 2026).