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Vistra (VST) Wholesale generation revenue from ISO/RTO revenue by quarter

Vistra's Wholesale generation revenue from ISO/RTO revenue was $1.2B in Q3 2026 (third quarter 2026), +98% from Q2 2026. Over the last 7 quarters it ranged from $474M (Q2 2025) to $1.4B (Q1 2026).

Vistra Wholesale generation revenue from ISO/RTO revenue by quarterVistra Wholesale generation revenue from ISO/RTO revenue by quarter$874MQ1 2025$474MQ2 2025$683MQ3 2025$1.2BQ4 2025$1.4BQ1 2026$620MQ2 2026$1.2BQ3 2026
QuarterWholesale generation revenue from ISO/RTO revenueQ/QY/Y
Q3 2026$1.2B+98%+80%
Q2 2026$620M-55%+31%
Q1 2026$1.4B+19%+57%
Q4 2025$1.2B+69%—
Q3 2025$683M+44%—
Q2 2025$474M-46%—
Q1 2025$874M——

Q3 2026 at a glance

Vistra, Q3 2026: revenue $6.3B (+28% year over year), operating margin 26.9%, net earnings $1.1B, operating cash flow $2.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is Vistra's Wholesale generation revenue from ISO/RTO revenue?

Vistra's Wholesale generation revenue from ISO/RTO revenue was $1.2B in Q3 2026 (third quarter 2026), +98% from Q2 2026.

How has Vistra's Wholesale generation revenue from ISO/RTO revenue changed?

Over the last 7 quarters it ranged from $474M (Q2 2025) to $1.4B (Q1 2026).

Q3 2026 results → · How Vistra makes money →