Vistra Corp

For the period ended Mar 31, 2025. Filed May 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 8, 2025

VST$133.92+7.3%Stored close · as of Nov 9, 2026

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Contents

PAGE
Glossary of Terms and Abbreviations	i
Forward-Looking Statements	v
PART I.	FINANCIAL INFORMATION
Item 1.	Financial Statements (Unaudited)
		Condensed Consolidated Statements of Operations	1
		Condensed Consolidated Statements of Comprehensive Income (Loss)	1
		Condensed Consolidated Balance Sheets	2
		Condensed Consolidated Statements of Cash Flows	4
		Condensed Consolidated Statements of Changes in Equity	5
		Notes to Condensed Consolidated Financial Statements	6
			1. Business, Significant Accounting Policies, Significant Events, and Recent Developments	6
			2. Acquisitions	8
			3. Revenue	11
			4. Government Assistance	13
			5. Income Taxes	13
			6. Property, Plant, and Equipment	14
			7. Goodwill and Identifiable Intangible Assets and Liabilities	15
			8. Collateral Financing Agreement with Affiliate	17
			9. Debt, Credit Facilities, and Financings	17
			10. Derivatives	24
			11. Fair Value Measurements	28
			12. Asset Retirement Obligations	32
			13. Commitments and Contingencies	33
			14. Equity	40
			15. Earnings Per Share	41
			16. Segment Information	41
			17. Supplementary Financial Information	43
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	46
		Significant Activities and Events, and Items Influencing Future Performance	46
		Critical Accounting Policies and Estimates	49
		Results of Operations	49
		Financial Condition	55
		Commitments and Contingencies	60
		Changes in Accounting Standards	60
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	60
Item 4.	Controls and Procedures	62
PART II.	OTHER INFORMATION	63
Item 1.		Legal Proceedings	63
Item 1A.		Risk Factors	63
Item 2.		Unregistered Sales of Equity Securities and Use of Proceeds	63
Item 3.		Defaults Upon Senior Securities	63
Item 4.		Mine Safety Disclosures	64
Item 5.		Other Information	64
Item 6.		Exhibits	64
SIGNATURE				67

ContentsView on SEC.gov

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About this filing

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