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Side-by-side financial comparison of DXC Technology Co (DXC) and Vistra Corp. (VST). Click either name above to swap in a different company.
Vistra Corp. is the larger business by last-quarter revenue ($4.8B vs $3.2B, roughly 1.5× DXC Technology Co). Vistra Corp. runs the higher net margin — 4.8% vs 3.4%, a 1.5% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs -1.0%). Vistra Corp. produced more free cash flow last quarter ($596.0M vs $359.0M). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% CAGR vs -2.9%).
DXC Technology Company is an American multinational information technology (IT) services and consulting company headquartered in Ashburn, Virginia.
Vistra may refer to either of two companies:Vistra, a corporate services company based in Hong Kong Vistra Corp, an energy company based in Texas
DXC vs VST — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.2B | $4.8B |
| Net Profit | $107.0M | $233.0M |
| Gross Margin | — | — |
| Operating Margin | 8.2% | 9.9% |
| Net Margin | 3.4% | 4.8% |
| Revenue YoY | -1.0% | 31.2% |
| Net Profit YoY | 87.7% | -47.2% |
| EPS (diluted) | $0.61 | $0.55 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $3.2B | $4.8B | ||
| Q3 25 | $3.2B | $4.8B | ||
| Q2 25 | $3.2B | $3.8B | ||
| Q1 25 | $3.2B | $4.3B | ||
| Q4 24 | $3.2B | $3.7B | ||
| Q3 24 | $3.2B | $4.3B | ||
| Q2 24 | $3.2B | $3.6B | ||
| Q1 24 | $3.4B | $3.2B |
| Q4 25 | $107.0M | $233.0M | ||
| Q3 25 | $36.0M | $652.0M | ||
| Q2 25 | $16.0M | $327.0M | ||
| Q1 25 | $264.0M | $-268.0M | ||
| Q4 24 | $57.0M | $441.0M | ||
| Q3 24 | $42.0M | $1.9B | ||
| Q2 24 | $26.0M | $365.0M | ||
| Q1 24 | $-200.0M | $-35.0M |
| Q4 25 | 8.2% | 9.9% | ||
| Q3 25 | 8.0% | 21.7% | ||
| Q2 25 | 6.8% | 13.7% | ||
| Q1 25 | 7.3% | -2.8% | ||
| Q4 24 | 8.9% | 16.4% | ||
| Q3 24 | 8.6% | 59.6% | ||
| Q2 24 | 6.9% | 22.5% | ||
| Q1 24 | 8.2% | 2.7% |
| Q4 25 | 3.4% | 4.8% | ||
| Q3 25 | 1.1% | 13.6% | ||
| Q2 25 | 0.5% | 8.7% | ||
| Q1 25 | 8.3% | -6.3% | ||
| Q4 24 | 1.8% | 12.0% | ||
| Q3 24 | 1.3% | 43.5% | ||
| Q2 24 | 0.8% | 10.1% | ||
| Q1 24 | -5.9% | -1.1% |
| Q4 25 | $0.61 | $0.55 | ||
| Q3 25 | $0.20 | $1.75 | ||
| Q2 25 | $0.09 | $0.81 | ||
| Q1 25 | $1.42 | $-0.93 | ||
| Q4 24 | $0.31 | $1.09 | ||
| Q3 24 | $0.23 | $5.25 | ||
| Q2 24 | $0.14 | $0.90 | ||
| Q1 24 | $-1.01 | $-0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.7B | $785.0M |
| Total DebtLower is stronger | $3.1B | $15.8B |
| Stockholders' EquityBook value | $3.1B | $5.1B |
| Total Assets | $13.2B | $41.5B |
| Debt / EquityLower = less leverage | 0.98× | 3.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $785.0M | ||
| Q3 25 | $1.9B | $602.0M | ||
| Q2 25 | $1.8B | $458.0M | ||
| Q1 25 | $1.8B | $561.0M | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.2B | $905.0M | ||
| Q2 24 | $1.3B | $1.6B | ||
| Q1 24 | $1.2B | $1.1B |
| Q4 25 | $3.1B | $15.8B | ||
| Q3 25 | $2.4B | $15.8B | ||
| Q2 25 | $3.1B | $15.5B | ||
| Q1 25 | $3.0B | $15.4B | ||
| Q4 24 | $3.6B | $15.4B | ||
| Q3 24 | $3.8B | $13.9B | ||
| Q2 24 | $3.8B | $13.9B | ||
| Q1 24 | $3.8B | $14.7B |
| Q4 25 | $3.1B | $5.1B | ||
| Q3 25 | $3.1B | $5.2B | ||
| Q2 25 | $3.2B | $4.8B | ||
| Q1 25 | $3.2B | $4.8B | ||
| Q4 24 | $3.0B | $5.6B | ||
| Q3 24 | $3.0B | $5.4B | ||
| Q2 24 | $2.9B | $5.6B | ||
| Q1 24 | $2.8B | $5.7B |
| Q4 25 | $13.2B | $41.5B | ||
| Q3 25 | $13.6B | $38.0B | ||
| Q2 25 | $13.4B | $38.1B | ||
| Q1 25 | $13.2B | $38.2B | ||
| Q4 24 | $13.0B | $37.8B | ||
| Q3 24 | $13.5B | $37.9B | ||
| Q2 24 | $13.4B | $39.1B | ||
| Q1 24 | $13.9B | $38.2B |
| Q4 25 | 0.98× | 3.11× | ||
| Q3 25 | 0.77× | 3.02× | ||
| Q2 25 | 0.98× | 3.22× | ||
| Q1 25 | 0.93× | 3.20× | ||
| Q4 24 | 1.22× | 2.77× | ||
| Q3 24 | 1.28× | 2.56× | ||
| Q2 24 | 1.32× | 2.49× | ||
| Q1 24 | 1.36× | 2.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $414.0M | $1.4B |
| Free Cash FlowOCF − Capex | $359.0M | $596.0M |
| FCF MarginFCF / Revenue | 11.2% | 12.4% |
| Capex IntensityCapex / Revenue | 1.7% | 17.4% |
| Cash ConversionOCF / Net Profit | 3.87× | 6.15× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $414.0M | $1.4B | ||
| Q3 25 | $409.0M | $1.5B | ||
| Q2 25 | $186.0M | $572.0M | ||
| Q1 25 | $315.0M | $599.0M | ||
| Q4 24 | $650.0M | $1.4B | ||
| Q3 24 | $195.0M | $1.7B | ||
| Q2 24 | $238.0M | $1.2B | ||
| Q1 24 | $280.0M | $312.0M |
| Q4 25 | $359.0M | $596.0M | ||
| Q3 25 | $365.0M | $1.0B | ||
| Q2 25 | $143.0M | $-118.0M | ||
| Q1 25 | $238.0M | $-169.0M | ||
| Q4 24 | $568.0M | $923.0M | ||
| Q3 24 | $154.0M | $1.0B | ||
| Q2 24 | $190.0M | $698.0M | ||
| Q1 24 | $242.0M | $-153.0M |
| Q4 25 | 11.2% | 12.4% | ||
| Q3 25 | 11.5% | 21.1% | ||
| Q2 25 | 4.5% | -3.1% | ||
| Q1 25 | 7.5% | -4.0% | ||
| Q4 24 | 17.6% | 25.2% | ||
| Q3 24 | 4.8% | 23.4% | ||
| Q2 24 | 5.9% | 19.4% | ||
| Q1 24 | 7.1% | -4.8% |
| Q4 25 | 1.7% | 17.4% | ||
| Q3 25 | 1.4% | 9.6% | ||
| Q2 25 | 1.4% | 18.4% | ||
| Q1 25 | 2.4% | 18.1% | ||
| Q4 24 | 2.5% | 11.7% | ||
| Q3 24 | 1.3% | 15.8% | ||
| Q2 24 | 1.5% | 13.8% | ||
| Q1 24 | 1.1% | 14.7% |
| Q4 25 | 3.87× | 6.15× | ||
| Q3 25 | 11.36× | 2.25× | ||
| Q2 25 | 11.63× | 1.75× | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 11.40× | 3.07× | ||
| Q3 24 | 4.64× | 0.90× | ||
| Q2 24 | 9.15× | 3.28× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DXC
| GIS Segment | $1.6B | 50% |
| CES Segment | $1.3B | 40% |
| Insurance Segment | $321.0M | 10% |
VST
| Retail Energy Charge In ERCOT | $2.1B | 43% |
| Retail Energy Charge In Northeast Midwest | $1.2B | 24% |
| East Segment | $1.1B | 24% |
| Hedging Revenue Realized | $170.0M | 4% |
| Revenue From Other Wholesale Contracts | $116.0M | 2% |
| Transferable Production Tax Credit Revenues | $78.0M | 2% |
| West Segment | $77.0M | 2% |
| Intersegment Sales | $25.0M | 1% |
