Earnings call transcript: Vistra misses Q2 2026 estimates as revenue falls short

Vistra Corp (VST) reported Q2 2026 adjusted earnings of $1.68 per share on revenue of $4.02 billion, missing Wall Street estimates. Despite the revenue miss, adjusted EBITDA increased by 30.8% year-over-year, driven by stronger generation and retail results, leading the company to reaffirm its full-year guidance. Vistra also announced a new digital infrastructure partnership with KKR, NVIDIA, and the Kuwait Investment Authority through Helix, committing up to $1 billion over time.