VST Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), VST reported revenue of $4.0B, gross profit of $2.2B (55.8% gross margin), operating income of $553M, and net income of $258M (6.4% net margin). The flow of revenue into costs and profit is visualized below.

What changed

VST was profitable; revenue fell 19.2% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter−19.2%−60.4%−6.7 pp

Consensus estimate data is not available for this report.

VST Q2 2026 Income Statement

VST Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$4.0B100%
Cost of Revenue−$1.8B44.2%
Gross Profit$2.2B55.8%
Research & Development0.0%
Selling, General & Administrative−$392M9.8%
Other Operating Expenses−$1.3B32.3%
Operating Income$553M13.8%
Interest Expense−$312M7.8%
Other Income, net$186M4.6%
Income Tax Expense−$122M3.0%
Net Income$258M6.4%

Source: VST filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.