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
- Second-quarter 2026 reported earnings (GAAP): $230 million, or $0.30 per share. source
- First six months of 2026 reported earnings: $682 million, or $0.90 per share. source
- Second-quarter 2026 earnings from ongoing operations (non-GAAP): $247 million, or $0.33 per share. source
- First six months of 2026 earnings from ongoing operations: $725 million, or $0.96 per share. source
- Operating revenues for the three months ended June 30, 2026: $2,111 million. source
- Second-quarter 2025 reported earnings (GAAP): $183 million, or $0.25 per share. source
- First six months of 2025 reported earnings: $597 million, or $0.80 per share. source
- Second-quarter 2025 earnings from ongoing operations (non-GAAP): $240 million, or $0.32 per share. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +34.3% | First six months of 2026 earnings from ongoing operations: $725 million, or $0.96 per share. |
| net_income | positive | realized | +32.3% | First six months of 2026 reported earnings: $682 million, or $0.90 per share. |
| net_income | positive | realized | +11.7% | Second-quarter 2026 earnings from ongoing operations (non-GAAP): $247 million, or $0.33 per share. |
| net_income | positive | realized | +10.9% | Second-quarter 2026 reported earnings (GAAP): $230 million, or $0.30 per share. |
| revenue | unclear | realized | — | Operating revenues for the three months ended June 30, 2026: $2,111 million. |