Talen Energy Corporation (TLN) income statement
NASDAQ · Utilities · Independent Power Producers · 1,880 employees · CEO Mark Allen McFarland
- Price
- $343.12 -1.64%
- Market cap
- $16.2B
- Enterprise value
- $25.6B
- Last report
- Q2 '26 filed 2026-08-05
- Next report
- 2026-11-03 EPS est. $8.33
Talen Energy Corporation (TLN) reported revenue of $747M for Q2 '26 (+64.5% year on year), operating income of -$72M (-9.6% of revenue) and net income of -$92M. Over the last four quarters revenue was $3.53B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $644M | $318M | $617M | $413M | $555M | $488M | $631M | $454M | $770M | $771M | $1.24B | $747M | |
| Cost of revenue | $440M | $199M | $339M | $355M | $379M | $336M | $440M | $360M | $417M | $408M | $752M | $379M | |
| Gross profit | $204M | $119M | $278M | $58M | $176M | $152M | $191M | $94M | $353M | $363M | $489M | $368M | |
| Sales & marketing | $0 | -$2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $37M | $38M | $43M | $40M | $38M | $42M | $34M | $41M | $38M | $511M | $24M | $98M | |
| Other operating expenses | $160M | $170M | $210M | -$9M | -$20M | $97M | $81M | $79M | $88M | $113M | $101M | $342M | |
| Operating expenses | $197M | $206M | $253M | $31M | $18M | $139M | $115M | $120M | $126M | $624M | $125M | $440M | |
| Operating income | $7M | -$87M | $25M | $27M | $158M | $13M | $76M | -$26M | $227M | -$261M | $364M | -$72M | |
| Interest expense | $68M | $70M | $59M | $62M | $66M | $51M | $74M | $62M | $67M | $99M | $119M | $214M | |
| Other non-operating income (gains on investments, FX ...) | $31M | -$393M | -$422M | -$605M | -$87M | -$12M | $189M | -$185M | -$144M | $20M | $164M | -$157M | |
| Total non-operating income | -$99M | $323M | $363M | $543M | $21M | -$39M | -$263M | $123M | $77M | -$119M | -$283M | -$57M | |
| Income before tax | -$92M | $236M | $388M | $570M | $179M | -$26M | -$187M | $97M | $304M | -$380M | $81M | -$129M | |
| Income tax | -$16M | $48M | $69M | $112M | $11M | -$94M | -$52M | $25M | $97M | -$17M | $18M | -$37M | |
| Net income | -$77M | $182M | $294M | $454M | $168M | $82M | -$135M | $72M | $207M | -$363M | $63M | -$92M | |
| EPS (basic) | -$1.30 | $3.08 | $5.00 | $7.90 | $3.30 | $1.78 | -$2.94 | $1.58 | $4.53 | -$7.95 | $1.38 | -$2.00 | |
| EPS (diluted) | -$1.30 | $3.08 | $4.84 | $7.60 | $3.16 | $1.78 | -$2.94 | $1.50 | $4.26 | -$7.70 | $1.33 | -$2.00 | |
| Shares (basic, weighted) | 59M | 59M | 58.8M | 57.4M | 50.9M | 46M | 45.8M | 45.6M | 45.7M | 45.7M | 45.6M | 45.9M | |
| Shares (diluted, weighted) | 59M | 59M | 60.7M | 59.8M | 53.2M | 46M | 45.8M | 47.9M | 48.6M | 47.1M | 47.4M | 45.9M | |
| Depreciation & amortization | $113M | $106M | $110M | $103M | $105M | $103M | $100M | $88M | $88M | $100M | $66M | $92M | |
| EBITDA | $89M | $412M | $557M | $735M | $350M | $128M | -$13M | $247M | $459M | -$181M | $266M | $177M |
| Income statement | Trend | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $1.78B | $2.41B | $2.44B | $2.07B | $2.63B | |
| Cost of revenue | $1.53B | $1.64B | $1.38B | $1.41B | $1.63B | |
| Gross profit | $241M | $770M | $1.06B | $664M | $1B | |
| Sales & marketing | $0 | $0 | -$2M | $0 | $0 | |
| General & administrative | $147M | $106M | $144M | $163M | $624M | |
| Other operating expenses | $540M | $560M | $829M | $336M | $361M | |
| Operating expenses | $687M | $666M | $971M | $499M | $985M | |
| Operating income | -$446M | $104M | $84M | $165M | $16M | |
| Interest expense | $326M | $359M | $335M | $238M | $302M | |
| Other non-operating income (gains on investments, FX ...) | $514M | $1.07B | -$386M | -$1.18B | -$120M | |
| Total non-operating income | -$840M | -$1.43B | $787M | $946M | -$182M | |
| Income before tax | -$1.29B | -$1.33B | $871M | $1.11B | -$166M | |
| Income tax | -$297M | -$35M | $263M | $98M | $53M | |
| Net income | -$989M | -$1.29B | $613M | $998M | -$219M | |
| EPS (basic) | -$21.72 | -$28.66 | $10.38 | $18.39 | -$4.79 | |
| EPS (diluted) | -$21.72 | -$28.66 | $10.38 | $17.67 | -$4.79 | |
| Shares (basic, weighted) | 45M | 45M | 59M | 54.3M | 45.7M | |
| Shares (diluted, weighted) | 45M | 45M | 59M | 56.5M | 45.7M | |
| Depreciation & amortization | $555M | $614M | $507M | $421M | $376M | |
| EBITDA | -$405M | -$355M | $977M | $1.77B | $512M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02