NASDAQ$TLN

Talen Energy Corp · Q2 2026 earnings

Q2 2026 earnings · · After market close

Briefing

Talen Energy Corp reported Q2 2026 results with operating revenues of $747 million and a net loss of $92 million.

Talen Energy Corporation posted a net loss of $92 million for the three months ended June 30, 2026, versus net income of $72 million in the prior-year quarter. Operating revenues rose to $747 million from $630 million, supported by higher energy and capacity revenues, while the company completed the $3.5 billion Cornerstone Acquisition. Adjusted EBITDA reached $374 million for the quarter.

  • Reported net loss of $92 million and basic EPS of $(2.00) for Q2 2026.
  • Operating revenues increased 19% year-over-year to $747 million.
  • Completed Cornerstone Acquisition adding 2.6 GW of generation capacity.
  • Adjusted EBITDA of $374 million; cash and cash equivalents totaled $231 million at quarter end.

Headline financials

Total Revenue

$747M

Previous: $630M+18.6%
EPS (adj)

-$2.00

Previous: $1.50-233.3%
Adjusted EBITDA

$374M

No prior period
Net Income

-$92M

Previous: $72M-227.8%
Operating Income

-$72M

Previous: $66M-209.1%
Cash & Equivalents

$231M

Previous: $122M+89.3%
Total Assets

$15.1B

Previous: $5.83B+158.6%

Revenue & EPS history

Talen Energy Corp · Revenue · Quarterly

$747M

Q2 2026+18.6%vs Q2 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports

Historical avg

-1.0%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+2.1%

Avg return

30 days after

29%

2 / 7 earnings

Positive

+6.0%

Q2 2024

Best reaction

-4.9%

Q4 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026+0.1%+0.5%-1.7%
Q4 2026-4.9%-13.7%-16.8%
Q3 2025-4.4%-7.2%-12.2%
Q2 2025-0.8%+0.5%+2.8%
Q1 2025-1.2%+4.2%+11.8%
Q3 2024-1.6%+4.0%+0.5%
Q2 2024+6.0%+11.0%+30.3%

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