VST Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), VST reported revenue of $5.0B, gross profit of $2.6B (52.3% gross margin), operating income of $1.0B, and net income of $652M (13.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
VST was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
VST Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $5.0B | 100% |
| Cost of Revenue | −$2.4B | 47.7% |
| Gross Profit | $2.6B | 52.3% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$1.6B | 31.5% |
| Operating Income | $1.0B | 20.9% |
| Other Income, net | −$385M | 7.7% |
| Net Income | $652M | 13.1% |
Source: original SEC filing (filed 2025-11-06). Accession 0001193125-25-268033. Data normalized by EarningsFyi.