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TLN Q2 2024 Earnings — Talen Energy Corporation Revenue & Financial Results | Market Cap Arena
TLN
Talen Energy Corporation
$16B
Q2 2024 Earnings
Utilities
Independent Power Producers
Income Statement
Revenue
$413M
-36.5% YoY
Gross Profit
$58M
14.0% margin
Operating Income
$27M
6.5% margin
Net Income
$454M
109.9% margin
EPS (Diluted)
$7.60
QoQ Revenue Growth
-33.1%
Cash Flow
Operating Cash Flow
-$23M
Free Cash Flow
-$46M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$7.1B
Total Liabilities
$4.5B
Stockholders' Equity
$2.5B
Cash & Equivalents
$632M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$413M
$650M
-36.5%
Gross Profit
$58M
-$170M
+134.1%
Operating Income
$27M
-$239M
+111.3%
Net Income
$454M
$508M
-10.6%
Revenue Segments
Electricity Sales And Ancillary Services
$249M
51%
Commodity Contracts, Unrealized Gain (Loss)
$143M
29%
Operating Revenue, Capacity
$46M
9%
Product and Service, Other
$29M
6%
Physical Electricity Sales, Bilateral Contracts, Other
$22M
4%
← FY 2024
All Quarters
Q3 2024 →