PPL · 8-K · 20260807PR000042

Revenue Performance and Mix

PPL Corp · 2026-08-07 · Importance 37 · Surprise 32 · In source text

Second-quarter 2026 operating revenues increased 4.2% year over year to $2,111 million from $2,025 million. Six-month operating revenues rose 7.9% to $4,885 million from $4,529 million. Second-quarter electricity deliveries declined 1.6% to 15,491 GWh, including a 2.8% decrease in Kentucky regulated deliveries and a 0.5% decrease in Pennsylvania regulated retail deliveries. Kentucky wholesale deliveries fell 43.7% to 151 GWh, while six-month Kentucky wholesale deliveries declined 35.1% to 459 GWh.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositiverealized+34.3%First six months of 2026 earnings from ongoing operations: $725 million, or $0.96 per share.
net_incomepositiverealized+32.3%First six months of 2026 reported earnings: $682 million, or $0.90 per share.
net_incomepositiverealized+11.7%Second-quarter 2026 earnings from ongoing operations (non-GAAP): $247 million, or $0.33 per share.
net_incomepositiverealized+10.9%Second-quarter 2026 reported earnings (GAAP): $230 million, or $0.30 per share.
revenueunclearrealizedOperating revenues for the three months ended June 30, 2026: $2,111 million.