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PPL PPL Q2 2026 earnings

Reported August 7, 2026 · Before market open

Revenue$2.1BMiss by $79.2M
Adjusted EPS$0.33Miss by $0.01
Revenue estimate$2.2B
EPS estimate$0.34
“Our solid second-quarter results demonstrate continued execution across our regulated utility portfolio and keep us on track to deliver our 2026 commitments. We are benefiting from disciplined cost management, strong operational focus and timely recovery of prudent investments that strengthen service for customers. Those investments are designed to modernize the grid, improve system resilience and support growing demand in a way that protects our existing customers while delivering long-term shareowner returns.”
Vincent Sorgi

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$2.4B
EPS estimate$0.52

Financials

Q2 2026

Income statement

See full
Revenue$2.1B+4.2%
Operating income$475.0M+17.0%
Net income$230.0M+25.7%
EPS (diluted)$0.30+20.0%

Balance sheet

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Cash & equivalents$339.0M+6.6%
Total debt$19.9B+19.8%
Total equity$15.0B+5.3%
Total assets$46.3B+9.3%

Cash flow

See full
Operating cash flow$583.0M-3.2%
CapEx$1.3B+37.7%
Free cash flow-$698.0M-113%

Valuation & ratios

Valuation

as of 08/27/26
See full
Market cap$26.35B-2.7%
Enterprise value$45.87B+5.8%
P/E20.8×-6.6×
P/S2.8×-0.3×

Profitability

See full
Operating margin24.1%+2.6pp
Net margin13.5%+2.3pp
FCF margin-21.2%—

Returns & leverage

See full
Return on equity8.6%+1.7pp
Debt / equity1.3×+0.2×
Current ratio0.9×+0.3×

Segments

By segment

See full
Pennsylvania Regulated$764.0M+9.1%
Rhode Island Regulated$487.0M-3.9%
Corporate and Other--100%

FAQ

When did PPL report Q2 2026 earnings?
PPL (PPL) reported Q2 2026 earnings on August 7, 2026 before market open.
What were PPL's Q2 2026 revenue and EPS?
PPL reported revenue of $2.1B and adjusted eps of $0.33 for Q2 2026.
Did PPL beat estimates in Q2 2026?
Revenue missed the consensus estimate of $2.2B by $79.2M. EPS missed the consensus estimate of $0.34 by $0.01.
How did PPL's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.2% from $2.0B a year earlier.
Where can I find PPL's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000922224-26-000042) and the 10-Q periodic report (0000922224-26-000044) directly on SEC EDGAR. The filing index links above go to sec.gov.