The Filings Report

Talen Energy Corporation Common Stock

TLNNasdaqCIK 1622536Utilities / Utilities - Electricfiscal year ends December24 quarters since 2014

Revenue, Q2 FY2026
$894M
+118.6% on Q2 FY2025
Net income
−$92M
−227.8% on Q2 FY2025
Free cash flow
−$573M
−164.1% on Q2 FY2025
Diluted EPS
$-2.00
−233.3% on Q2 FY2025
Revenue, TTM
$3.9B
trailing four quarters
Net margin, TTM
—
net income —
Free cash flow, TTM
$568M
$796M less $228M capex
Cash and equivalents
$231M
long-term debt $9.5B, Jun 30, 2026
Shares, 12-month change
+4.9%
48M shares, Jun 30, 2026
Buybacks, TTM
$298M
1.8% of market value
Dividends, TTM
—
no yield
Market value
$16.4B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 5, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, Talen Energy Corporation Common Stock reported revenue of $894M, +118.6% on Q2 FY2025, and net loss of $92M (−227.8%). Operating margin was −8.1%. Free cash flow, operating cash flow less capital expenditures, was −$573M (−$434M less $139M). Diluted earnings per share were $-2.00.

The last 16 quarters

Q1 FY2016 to Q2 FY2026, through the filing of August 5, 2026.

Revenue and net incomeRevenueNet income
−$500M$0$500M$1.0B$1.5B$2.0BQ1'16, Net income: $151MQ1'16Q2'16, Net income: −$3MQ2'16Q3'16, Net income: $88MQ3'16Q2'23Q3'23, Revenue: $666MQ3'23Q4'23Q1'24, Revenue: $416MQ1'24, Net income: $294MQ1'24Q2'24, Revenue: $346MQ2'24, Net income: $454MQ2'24Q3'24, Revenue: $459MQ3'24, Net income: $168MQ3'24Q4'24, Revenue: $353MQ4'24, Net income: $82MQ4'24Q1'25, Revenue: $654MQ1'25, Net income: −$135MQ1'25Q2'25, Revenue: $409MQ2'25, Net income: $72MQ2'25Q3'25, Revenue: $697MQ3'25, Net income: $207MQ3'25Q4'25, Revenue: $758MQ4'25, Net income: −$363MQ4'25Q1'26, Revenue: $1.6BQ1'26Q2'26, Revenue: $894MQ2'26, Net income: −$92MQ2'26−$500M$0$500M$1.0B$1.5B$2.0BQ1'16, Net income: $151MQ2'16, Net income: −$3MQ2'16Q3'16, Net income: $88MQ2'23Q3'23, Revenue: $666MQ4'23Q1'24, Revenue: $416MQ1'24, Net income: $294MQ2'24, Revenue: $346MQ2'24, Net income: $454MQ2'24Q3'24, Revenue: $459MQ3'24, Net income: $168MQ4'24, Revenue: $353MQ4'24, Net income: $82MQ4'24Q1'25, Revenue: $654MQ1'25, Net income: −$135MQ2'25, Revenue: $409MQ2'25, Net income: $72MQ2'25Q3'25, Revenue: $697MQ3'25, Net income: $207MQ4'25, Revenue: $758MQ4'25, Net income: −$363MQ4'25Q1'26, Revenue: $1.6BQ2'26, Revenue: $894MQ2'26, Net income: −$92MQ2'26

Net income losses drawn in red.

Free cash flow
−$1.0B−$500M$0$500MQ1'16, Free cash flow: $97MQ1'16Q2'16, Free cash flow: −$158MQ2'16Q3'16, Free cash flow: $274MQ3'16Q2'23Q3'23Q4'23Q1'24, Free cash flow: $148MQ1'24Q2'24, Free cash flow: −$43MQ2'24Q3'24, Free cash flow: $83MQ3'24Q4'24, Free cash flow: −$17MQ4'24Q1'25, Free cash flow: $101MQ1'25Q2'25, Free cash flow: −$217MQ2'25Q3'25, Free cash flow: $468MQ3'25Q4'25, Free cash flow: $254MQ4'25Q1'26, Free cash flow: $419MQ1'26Q2'26, Free cash flow: −$573MQ2'26−$1.0B−$500M$0$500MQ1'16, Free cash flow: $97MQ2'16, Free cash flow: −$158MQ2'16Q3'16, Free cash flow: $274MQ2'23Q4'23Q1'24, Free cash flow: $148MQ2'24, Free cash flow: −$43MQ2'24Q3'24, Free cash flow: $83MQ4'24, Free cash flow: −$17MQ4'24Q1'25, Free cash flow: $101MQ2'25, Free cash flow: −$217MQ2'25Q3'25, Free cash flow: $468MQ4'25, Free cash flow: $254MQ4'25Q1'26, Free cash flow: $419MQ2'26, Free cash flow: −$573MQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$3B$5B$8B$10BQ1'16, Cash and equivalents: $393MQ1'16, Long-term debt: $3.9BQ1'16Q2'16, Cash and equivalents: $1.1BQ2'16, Long-term debt: $3.9BQ2'16Q3'16, Cash and equivalents: $1.4BQ3'16, Long-term debt: $3.9BQ3'16Q2'23, Cash and equivalents: $169MQ2'23, Long-term debt: $2.8BQ2'23Q3'23Q4'23, Cash and equivalents: $400MQ4'23, Long-term debt: $2.8BQ4'23Q1'24Q2'24, Cash and equivalents: $632MQ2'24, Long-term debt: $2.6BQ2'24Q3'24, Cash and equivalents: $648MQ3'24, Long-term debt: $2.6BQ3'24Q4'24, Cash and equivalents: $328MQ4'24, Long-term debt: $3.0BQ4'24Q1'25, Cash and equivalents: $295MQ1'25, Long-term debt: $3.0BQ1'25Q2'25, Cash and equivalents: $122MQ2'25, Long-term debt: $3.0BQ2'25Q3'25, Cash and equivalents: $497MQ3'25, Long-term debt: $3.0BQ3'25Q4'25, Cash and equivalents: $689MQ4'25, Long-term debt: $6.8BQ4'25Q1'26, Cash and equivalents: $1.0BQ1'26, Long-term debt: $6.8BQ1'26Q2'26, Cash and equivalents: $231MQ2'26, Long-term debt: $9.5BQ2'26$0$3B$5B$8B$10BQ1'16, Cash and equivalents: $393MQ1'16, Long-term debt: $3.9BQ2'16, Cash and equivalents: $1.1BQ2'16, Long-term debt: $3.9BQ2'16Q3'16, Cash and equivalents: $1.4BQ3'16, Long-term debt: $3.9BQ2'23, Cash and equivalents: $169MQ2'23, Long-term debt: $2.8BQ2'23Q4'23, Cash and equivalents: $400MQ4'23, Long-term debt: $2.8BQ4'23Q2'24, Cash and equivalents: $632MQ2'24, Long-term debt: $2.6BQ2'24Q3'24, Cash and equivalents: $648MQ3'24, Long-term debt: $2.6BQ4'24, Cash and equivalents: $328MQ4'24, Long-term debt: $3.0BQ4'24Q1'25, Cash and equivalents: $295MQ1'25, Long-term debt: $3.0BQ2'25, Cash and equivalents: $122MQ2'25, Long-term debt: $3.0BQ2'25Q3'25, Cash and equivalents: $497MQ3'25, Long-term debt: $3.0BQ4'25, Cash and equivalents: $689MQ4'25, Long-term debt: $6.8BQ4'25Q1'26, Cash and equivalents: $1.0BQ1'26, Long-term debt: $6.8BQ2'26, Cash and equivalents: $231MQ2'26, Long-term debt: $9.5BQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 5, 2026.

Talen Energy Corporation Common Stock income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 5, 2026Q1 FY2026ended Mar 31, 2026filed May 5, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025Q3 FY2024ended Sep 30, 2024filed Nov 14, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue8941,568758697409654353459+118.6%
Cost of revenue—————————
Gross profit—————————
Research and development———————1—
Selling, general and administrative98245113841344238+139.0%
Operating income(72)210(313)26366(106)16158−209.1%
Other income (expense)231212135120+76.9%
Pretax income(129)81(380)30497(187)(26)179−233.0%
Income tax(37)18(17)9725(52)(94)11−248.0%
Net income(92)—(363)20772(135)82168−227.8%
Diluted EPS ($)(2.00)1.33—4.251.50(2.94)—3.16−233.3%
Diluted shares (millions)4647—494846—53—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 5, 2026.

Talen Energy Corporation Common Stock balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 5, 2026Q1 FY2026ended Mar 31, 2026filed May 5, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025Q3 FY2024ended Sep 30, 2024filed Nov 14, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents2311,025689497122295328648+89.3%
Short-term investments—————————
Total current assets1,0281,5091,3491,0488308461,0401,673+23.9%
Total assets15,06810,99310,9056,0975,8275,8656,1066,848+158.6%
Total current liabilities1,3161,2101,050457452522455408+191.2%
Long-term debt9,5436,7786,7822,9692,9722,9752,9872,616+221.1%
Total liabilities13,4299,9209,8124,6284,5814,6854,7194,403+193.1%
Stockholders’ equity1,6161,0731,0931,4691,2461,1801,3872,387+29.7%
Shares outstanding (millions)4845464646464651—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 5, 2026.

Talen Energy Corporation Common Stock cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 5, 2026Q1 FY2026ended Mar 31, 2026filed May 5, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 7, 2025Q1 FY2025ended Mar 31, 2025filed May 8, 2025Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025Q3 FY2024ended Sep 30, 2024filed Nov 14, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow(434)461280489(184)1191096−135.9%
Capital expenditures13942262133182713+321.2%
Free cash flow (CFO − capex)(573)419254468(217)101(17)83−164.1%
Depreciation and amortization10392746170747375+47.1%
Share repurchases1981000020831,002302+890.0%
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 26, 2026.

Income statement

Talen Energy Corporation Common Stock income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 28, 2025FY2023ended Dec 31, 2023filed Aug 13, 2024FY2022ended Dec 31, 2022filed Feb 28, 2025FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Aug 12, 2015FY2013ended Dec 31, 2013filed Aug 12, 2015
Revenue2,5181,574—3,209———
Cost of revenue———————
Gross profit———————
Research and development———————
Selling, general and administrative624163—106———
Operating income(90)226—241(39)397(293)
Other income (expense)1061—(44)(118)3032
Pretax income(166)1,111—(1,328)(368)303(420)
Income tax5398—(35)(27)116(159)
Net income(219)998——(341)410(230)
Diluted EPS ($)(4.79)17.67——(3.10)4.91(2.75)
Diluted shares (millions)4656—0*1108484

Balance sheet

Talen Energy Corporation Common Stock balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 28, 2025FY2023ended Dec 31, 2023filed Aug 13, 2024FY2022ended Dec 31, 2022filed Feb 28, 2025FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Aug 12, 2015FY2013ended Dec 31, 2013filed Aug 12, 2015
Cash and equivalents689328400—141352239
Short-term investments———————
Total current assets1,3491,0401,554—2,7622,701—
Total assets10,9056,1067,121—12,80910,760—
Total current liabilities1,050455486—2,0882,890—
Long-term debt6,7822,9872,811—3,7871,683—
Total liabilities9,8124,7194,587————
Stockholders’ equity1,0931,3872,457—4,3033,907—
Shares outstanding (millions)4646——129——

Cash flow statement

Talen Energy Corporation Common Stock cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 28, 2025FY2023ended Dec 31, 2023filed Aug 13, 2024FY2022ended Dec 31, 2022filed Feb 28, 2025FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Aug 12, 2015FY2013ended Dec 31, 2013filed Aug 12, 2015
Operating cash flow704256—187768462410
Capital expenditures9885—232451416583
Free cash flow (CFO − capex)606171—(45)31746(173)
Depreciation and amortization279298—520———
Share repurchases1031,958—0———
Dividends paid———————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$988K
1 sales by 1 insider; officers and directors $988K

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Jul 15, 2026Nutt Terry LPresidentoption exercise8,312——76,136Jul 15, 2026
Jul 15, 2026Nutt Terry LPresidenttax withholding3,271$385.80$1M72,865Jul 15, 2026
Jun 15, 2026Abbas Gizman IDirectoropen-market sale2,600$380.00$988K2,606Jun 17, 2026
Jun 8, 2026McFarland Mark AllenChief Executive Officer, Directorother260,335$0.00—117Jun 8, 2026
Jun 8, 2026McFarland Mark AllenChief Executive Officer, Directorotherindirect260,335$0.00—260,335Jun 8, 2026
May 22, 2026McFarland Mark AllenChief Executive Officer, Directoroption exercise29,752——74,980May 27, 2026
May 22, 2026McFarland Mark AllenChief Executive Officer, Directoroption exercise325,113——400,093May 27, 2026
May 22, 2026McFarland Mark AllenChief Executive Officer, Directortax withholding139,641$324.21$45M260,452May 27, 2026
May 22, 2026Berryman BradChief Operating Officeroption exercise8,312——19,950May 27, 2026
May 22, 2026Berryman BradChief Operating Officeroption exercise90,826——110,776May 27, 2026
May 22, 2026Berryman BradChief Operating Officertax withholding43,047$324.21$14M67,729May 27, 2026
May 22, 2026Wright Andrew MChief Administrative Officeroption exercise8,010——20,271May 27, 2026
May 22, 2026Wright Andrew MChief Administrative Officeroption exercise87,523——107,794May 27, 2026
May 22, 2026Wright Andrew MChief Administrative Officertax withholding37,594$324.21$12M70,200May 27, 2026
May 22, 2026Lebsack Dale E Jr.Chief Asset Dev. Officeroption exercise7,178——18,179May 27, 2026
May 22, 2026Lebsack Dale E Jr.Chief Asset Dev. Officeroption exercise78,440——96,619May 27, 2026
May 22, 2026Lebsack Dale E Jr.Chief Asset Dev. Officertax withholding33,692$324.21$11M62,927May 27, 2026
May 22, 2026Muller ColeChief Financial Officeroption exercise5,270——12,715May 27, 2026
May 22, 2026Muller ColeChief Financial Officeroption exercise57,592——70,307May 27, 2026
May 22, 2026Muller ColeChief Financial Officertax withholding27,339$324.21$9M42,968May 27, 2026
May 22, 2026Morice Christopher EChief Commercial Officeroption exercise5,620——14,141May 27, 2026
May 22, 2026Morice Christopher EChief Commercial Officeroption exercise61,411——75,552May 27, 2026
May 22, 2026Morice Christopher EChief Commercial Officertax withholding26,378$324.21$9M49,174May 27, 2026
May 22, 2026Casulli Edward T.SVP & Chief Nuclear Officeroption exercise2,550——6,153May 27, 2026
May 22, 2026Casulli Edward T.SVP & Chief Nuclear Officeroption exercise3,826——9,979May 27, 2026

Full insider history for Talen Energy Corporation Common Stock, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Talen Energy Corporation, CIK 1622536 on EDGAR
Extract generated
November 1, 2026
Withheld
none
Repaired
2 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2024, other income FY2025
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: not filed
Gross profit: not filed
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAmortizationAndAccretionNet, DepreciationAndAmortization, DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/TLN.json