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Talen Energy Corporation

TLN·NASDAQ·USD

345.73+7.95 (+2.35%)
Regular-session close·Definitions
Price history2024-07-10 — 2026-10-23Valid trading days: 576 · Through 2026-10-23 · All expected trading dates since listing are present · History update delayed
Operating history2023-09-30 — 2026-06-308 historical metrics · 11 workpaper periods
Coverage limitations

Daily history updates are delayed. Available history through 2026-10-23 remains visible; a current quote does not establish that daily history has been updated.

Requests to the historical-data source are rate limited, delaying daily-price updates. Existing verified periods are retained; trading days not yet retrieved are not fabricated.

The first price observation reaches the verified listing date. This does not mean that security continuity, every trading day and adjusted prices have all been verified throughout the history.

The first price reaches the verified listing date 2024-07-10. Trading-date coverage and price verification are shown separately below.

Trading dates checked for 2024-07-10 — 2026-10-23: all 576 expected dates are present. Complete dates do not establish independent verification of every price.

Security basis: The current security identity and recorded historical continuity have been checked. Listing-date coverage is shown separately. Historical closes use the provider's split adjustments and exclude dividend distributions. Full-history adjustment factors have not been independently recalculated. Price changes do not represent total returns including dividends.

Original verification records

verified-listing-start-covered

History update reason: source-rate-limited-until 2026-10-28T04:39:08.620Z

Current Nasdaq listing. Earlier OTC and pre-reorganization Talen securities excluded.

View sources and versions ↗
Financial drivers from public filings · single quarter

Compare growth, earnings, cash flow and capital investment for aligned reporting periods to examine company-wide financial drivers. Calculation inputs and original filings remain available.

Coverage and applicability

2023-09-30 — 2026-06-30 · Valid observations: 72. These observations analyze public financial data; they are not a standalone sector research report, score or price target. Company-wide figures do not replace segment, product or contract disclosures.

  • Days sales outstanding (average balance): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
  • Days inventory outstanding (average balance): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
  • Days payable outstanding (average balance): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
  • Cash conversion cycle (average balances): Applicable definitions of trade receivables, inventory and purchase costs have not been established for this business. A manufacturing cash-conversion cycle is therefore not applied.
  • Cash purchases of productive assets / revenue: The selected capital-expenditure measure does not represent the broader concept of productive-asset purchases.

Price and operations

Research history
Reproducible calculations from public filings, without inferring segment-level results.

Period end is the end of the operating period. Source-publication mode uses the publication date of the document selected, without asserting that it was the first disclosure. Expand the notes below the chart for definitions and sources.

Add metrics 3
Available metrics: 8

Financials and cash flow

Last value in range
TLN Share priceTrading day
USD250300350400450327.91
Operating marginQuarterly observations
%-50-25025-9.6
Net marginQuarterly observations
%-60-40-200-12
(CFO − cash purchases of PP&E) / revenueQuarterly observations
%-100-5005025.10.2326.01.0126.04.0126.07.0126.10.23-77

Time rangeTLN Share price

2025-10-23 — 2026-10-23
Methodology and controls

Each panel has its own value axis; dates and the cursor are synchronized. Operating data appear only on their observed dates; other dates are left blank. US daily prices are checked against the verified 1997–2027 trading calendar. A missing expected trading day breaks the line; weekends and recorded exchange holidays do not. Operating data are positioned at the actual period end, which is not necessarily the date of public disclosure. Drag within the chart to zoom and move the range window below to pan. Quarterly values are not filled across other trading days.

Underlying data Operating metrics: 3
Observations in this chart, including unverified periods or dates · original values and source versions retained
Selected operating metrics; records with values and current chart gaps appear first. Unverified dates are excluded from charts.
Reporting period endOperating margin% · Calculated from disclosuresNet margin% · Calculated from disclosures(CFO − cash purchases of PP&E) / revenue% · Calculated from disclosures
2026-06-302026-06-30-9.64%
Basis · Calculated from disclosures

Source version date: 2026-08-05

View calculation inputs · 4 items
Currency
USD
operatingIncome
-72,000,000
Revenue
747,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:OperatingIncomeLoss
Original unit
USD
Period start
2026-04-01
Period end
2026-06-30
value
-72,000,000
Filing date
2026-08-05
form
10-Q
accn
0001622536-26-000066
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000066
1
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2026-04-01
Period end
2026-06-30
value
747,000,000
Filing date
2026-08-05
form
10-Q
accn
0001622536-26-000066
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000066
TLN · 10-Q · Filing version 2026-08-05
-12.32%
Basis · Calculated from disclosures

Source version date: 2026-08-05

View calculation inputs · 4 items
Currency
USD
Net income
-92,000,000
Revenue
747,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:NetIncomeLoss
Original unit
USD
Period start
2026-04-01
Period end
2026-06-30
value
-92,000,000
Filing date
2026-08-05
form
10-Q
accn
0001622536-26-000066
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000066
1
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2026-04-01
Period end
2026-06-30
value
747,000,000
Filing date
2026-08-05
form
10-Q
accn
0001622536-26-000066
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000066
TLN · 10-Q · Filing version 2026-08-05
-76.71%
Basis · Calculated from disclosures

Source version date: 2026-08-05

View calculation inputs · 5 items
Currency
USD
Operating cash flow
-434,000,000
Cash capital expenditure
139,000,000
Revenue
747,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:NetCashProvidedByUsedInOperatingActivities
Original unit
USD
Period start
2026-01-01
Period end
2026-06-30
value
27,000,000
Filing date
2026-08-05
form
10-Q
accn
0001622536-26-000066
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000066
1
role
numerator
Original XBRL field
us-gaap:NetCashProvidedByUsedInOperatingActivities
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
461,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
-1
sourceIds
0
tln-sec-0001622536-26-000036
2
role
numerator
Original XBRL field
us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
Original unit
USD
Period start
2026-01-01
Period end
2026-06-30
value
181,000,000
Filing date
2026-08-05
form
10-Q
accn
0001622536-26-000066
Input sign
-1
sourceIds
0
tln-sec-0001622536-26-000066
3
role
numerator
Original XBRL field
us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
42,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000036
4
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2026-04-01
Period end
2026-06-30
value
747,000,000
Filing date
2026-08-05
form
10-Q
accn
0001622536-26-000066
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000066
TLN · 10-Q · Filing version 2026-08-05TLN · 10-Q · Filing version 2026-05-05
2026-03-312026-03-3118.60%
Basis · Calculated from disclosures

Source version date: 2026-05-05

View calculation inputs · 4 items
Currency
USD
operatingIncome
210,000,000
Revenue
1,129,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:OperatingIncomeLoss
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
210,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000036
1
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
1,129,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000036
TLN · 10-Q · Filing version 2026-05-05
—
Basis · Calculated from disclosures

Source version date: 2026-05-05

Required inputs with matching periods and currencies are insufficient, or the denominator is not positive.

View calculation inputs · 4 items
Currency
USD
Net income
Not disclosed
Revenue
1,129,000,000
Input source document
0
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
1,129,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000036
TLN · 10-Q · Filing version 2026-05-05
37.11%
Basis · Calculated from disclosures

Source version date: 2026-05-05

View calculation inputs · 5 items
Currency
USD
Operating cash flow
461,000,000
Cash capital expenditure
42,000,000
Revenue
1,129,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:NetCashProvidedByUsedInOperatingActivities
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
461,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000036
1
role
numerator
Original XBRL field
us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
42,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
-1
sourceIds
0
tln-sec-0001622536-26-000036
2
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2026-01-01
Period end
2026-03-31
value
1,129,000,000
Filing date
2026-05-05
form
10-Q
accn
0001622536-26-000036
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000036
TLN · 10-Q · Filing version 2026-05-05
2025-12-312025-12-31-41.79%
Basis · Calculated from disclosures

Source version date: 2026-02-26

View calculation inputs · 4 items
Currency
USD
operatingIncome
-313,000,000
Revenue
749,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:OperatingIncomeLoss
Original unit
USD
Period start
2025-01-01
Period end
2025-12-31
value
-90,000,000
Filing date
2026-02-26
form
10-K
accn
0001622536-26-000017
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000017
1
role
numerator
Original XBRL field
us-gaap:OperatingIncomeLoss
Original unit
USD
Period start
2025-01-01
Period end
2025-09-30
value
223,000,000
Filing date
2025-11-05
form
10-Q
accn
0001622536-25-000032
Input sign
-1
sourceIds
0
tln-sec-0001622536-25-000032
2
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2025-01-01
Period end
2025-12-31
value
2,581,000,000
Filing date
2026-02-26
form
10-K
accn
0001622536-26-000017
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000017
3
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2025-01-01
Period end
2025-09-30
value
1,832,000,000
Filing date
2025-11-05
form
10-Q
accn
0001622536-25-000032
Input sign
-1
sourceIds
0
tln-sec-0001622536-25-000032
TLN · 10-K · Filing version 2026-02-26TLN · 10-Q · Filing version 2025-11-05
-48.46%
Basis · Calculated from disclosures

Source version date: 2026-02-26

View calculation inputs · 4 items
Currency
USD
Net income
-363,000,000
Revenue
749,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:NetIncomeLoss
Original unit
USD
Period start
2025-01-01
Period end
2025-12-31
value
-219,000,000
Filing date
2026-02-26
form
10-K
accn
0001622536-26-000017
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000017
1
role
numerator
Original XBRL field
us-gaap:NetIncomeLoss
Original unit
USD
Period start
2025-01-01
Period end
2025-09-30
value
144,000,000
Filing date
2025-11-05
form
10-Q
accn
0001622536-25-000032
Input sign
-1
sourceIds
0
tln-sec-0001622536-25-000032
2
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2025-01-01
Period end
2025-12-31
value
2,581,000,000
Filing date
2026-02-26
form
10-K
accn
0001622536-26-000017
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000017
3
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2025-01-01
Period end
2025-09-30
value
1,832,000,000
Filing date
2025-11-05
form
10-Q
accn
0001622536-25-000032
Input sign
-1
sourceIds
0
tln-sec-0001622536-25-000032
TLN · 10-K · Filing version 2026-02-26TLN · 10-Q · Filing version 2025-11-05
33.91%
Basis · Calculated from disclosures

Source version date: 2026-02-26

View calculation inputs · 5 items
Currency
USD
Operating cash flow
280,000,000
Cash capital expenditure
26,000,000
Revenue
749,000,000
Input source document
0
role
numerator
Original XBRL field
us-gaap:NetCashProvidedByUsedInOperatingActivities
Original unit
USD
Period start
2025-01-01
Period end
2025-12-31
value
704,000,000
Filing date
2026-02-26
form
10-K
accn
0001622536-26-000017
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000017
1
role
numerator
Original XBRL field
us-gaap:NetCashProvidedByUsedInOperatingActivities
Original unit
USD
Period start
2025-01-01
Period end
2025-09-30
value
424,000,000
Filing date
2025-11-05
form
10-Q
accn
0001622536-25-000032
Input sign
-1
sourceIds
0
tln-sec-0001622536-25-000032
2
role
numerator
Original XBRL field
us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
Original unit
USD
Period start
2025-01-01
Period end
2025-12-31
value
98,000,000
Filing date
2026-02-26
form
10-K
accn
0001622536-26-000017
Input sign
-1
sourceIds
0
tln-sec-0001622536-26-000017
3
role
numerator
Original XBRL field
us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
Original unit
USD
Period start
2025-01-01
Period end
2025-09-30
value
72,000,000
Filing date
2025-11-05
form
10-Q
accn
0001622536-25-000032
Input sign
1
sourceIds
0
tln-sec-0001622536-25-000032
4
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2025-01-01
Period end
2025-12-31
value
2,581,000,000
Filing date
2026-02-26
form
10-K
accn
0001622536-26-000017
Input sign
1
sourceIds
0
tln-sec-0001622536-26-000017
5
role
denominator
Original XBRL field
us-gaap:Revenues
Original unit
USD
Period start
2025-01-01
Period end
2025-09-30
value
1,832,000,000
Filing date
2025-11-05
form
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accn
0001622536-25-000032
Input sign
-1
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tln-sec-0001622536-25-000032
TLN · 10-K · Filing version 2026-02-26TLN · 10-Q · Filing version 2025-11-05
Calculations and sources 3 items
Operating margin% · Calculated from disclosures
Calculation basis

Operating income / revenue × 100

Reading guide

Uses reported operating income, not adjusted earnings. Differences in expense classification can still limit comparisons across companies. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Data classification

Calculated from disclosures · %

Net margin% · Calculated from disclosures
Calculation basis

Selected net-income concept / revenue × 100

Reading guide

May reflect differences in non-controlling interests, taxes and one-time gains or losses. The specific net-income concept is retained for each observation. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Data classification

Calculated from disclosures · %

(CFO − cash purchases of PP&E) / revenue% · Calculated from disclosures
Calculation basis

(Operating cash flow − cash purchases of PP&E) / revenue × 100

Reading guide

A free-cash-flow proxy deducting only identified PP&E purchases. It does not deduct acquisitions, capital prepayments, intangible assets or lease principal, and does not establish cash distributable to common shareholders. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Data classification

Calculated from disclosures · %

Business and research scope

How the business turns into revenue and cash, and what the available evidence can establish.

Company filings ↗

Talen Energy Corporation. The quote provider classifies its industry as Electric Utilities: Central. Structured segment, customer-mix and contract information is not yet available. Company information and original financial documents are provided below; business revenue is not inferred from supply-chain classification.

Company profile and filings
Legal name
Talen Energy Corporation
Exchange / quote currency
NASDAQ / USD
Reporting currency
USD
Source industry classification
Electric Utilities: Central
Financial period end / Source version used
2026-06-30 / 2026-08-05
Value-chain roles (not revenue shares)
Generation and on-site power
Check SEC filings index ↗

Related companies in the value chain

Shared value-chain roles do not establish direct peer status or valuation comparability.
MARKET DATA

Quote details

Candlesticks, volume and cross-company prices

345.73 +2.35%
2026-07-23 — 2026-10-23Price change over the selected period -13.54%
Provider split-adjusted prices excluding dividends, USD. Recorded trading days are equally spaced from 2026-07-23 to 2026-10-23 (66 trading days). Volume is shown separately in shares.USD250275300325350375400327.91Volume · shares2026-07-23 Volume 367,000 shares2026-07-24 Volume 560,200 shares2026-07-27 Volume 642,400 shares2026-07-28 Volume 1,185,000 shares2026-07-29 Volume 939,800 shares2026-07-30 Volume 865,800 shares2026-07-31 Volume 641,000 shares2026-08-03 Volume 760,900 shares2026-08-04 Volume 977,200 shares2026-08-05 Volume 736,400 shares2026-08-06 Volume 1,173,600 shares2026-08-07 Volume 860,500 shares2026-08-10 Volume 629,000 shares2026-08-11 Volume 768,900 shares2026-08-12 Volume 902,900 shares2026-08-13 Volume 579,400 shares2026-08-14 Volume 492,600 shares2026-08-17 Volume 517,900 shares2026-08-18 Volume 2,177,900 shares2026-08-19 Volume 1,617,300 shares2026-08-20 Volume 1,015,400 shares2026-08-21 Volume 938,000 shares2026-08-24 Volume 835,300 shares2026-08-25 Volume 550,600 shares2026-08-26 Volume 531,500 shares2026-08-27 Volume 645,900 shares2026-08-28 Volume 684,400 shares2026-08-31 Volume 741,500 shares2026-09-01 Volume 948,000 shares2026-09-02 Volume 834,000 shares2026-09-03 Volume 680,600 shares2026-09-04 Volume 577,700 shares2026-09-08 Volume 867,500 shares2026-09-09 Volume 887,100 shares2026-09-10 Volume 526,800 shares2026-09-11 Volume 351,800 shares2026-09-14 Volume 1,165,600 shares2026-09-15 Volume 881,700 shares2026-09-16 Volume 809,000 shares2026-09-17 Volume 748,300 shares2026-09-18 Volume 1,222,400 shares2026-09-21 Volume 686,600 shares2026-09-22 Volume 581,400 shares2026-09-23 Volume 924,400 shares2026-09-24 Volume 465,200 shares2026-09-25 Volume 550,700 shares2026-09-28 Volume 616,900 shares2026-09-29 Volume 898,800 shares2026-09-30 Volume 2,367,600 shares2026-10-01 Volume 1,125,800 shares2026-10-02 Volume 1,112,200 shares2026-10-05 Volume 1,106,000 shares2026-10-06 Volume 2,816,200 shares2026-10-07 Volume 1,545,400 shares2026-10-08 Volume 1,440,800 shares2026-10-09 Volume 1,249,900 shares2026-10-12 Volume 1,565,400 shares2026-10-13 Volume 994,800 shares2026-10-14 Volume 1,128,900 shares2026-10-15 Volume 1,219,500 shares2026-10-16 Volume 737,500 shares2026-10-19 Volume 1,026,300 shares2026-10-20 Volume 791,400 shares2026-10-21 Volume 964,000 shares2026-10-22 Volume 1,466,100 shares2026-10-23 Volume 876,300 shares2.8M007-2308-1409-0910-0110-23
Daily · Provider split-adjusted prices, excluding dividends · USD · Valid closes: 576 / trading dates: 576Market data source
MARKET & FUNDAMENTALS

Quote and valuation methodology

Data timestamps

Trading overview

Previous close
337.78
Session open
339.91
Session range
339.25 – 349.41
Session volume
0.74 M
20 Average daily volume
1.25 M
Historical range
98.50 – 451.28

Valuation and cash

Market cap · USD
16.81 B
Price / sales · TTM
4.89
Free cash flow yield
3.38%

Financial denominator

Revenue · TTM
3.44 B USD
Period end
2026-06-30
Source version
2026-08-05

Quote 2026-10-27Market cap retrieved 2026-10-28Financial period end 2026-06-30

Research archiveNo standalone articles or full reports for this company have been included yet

Public financial and operating analysis is available. Standalone research has not yet been published; exploreOperating data、Financial comparison and SourceSource document。

Financial comparison

Select two specific periods to compare changes in scale, earnings and cash.

Quarter · As of 2026-06-30Source version used 2026-08-05 · Original currency USD
USD · Quarter
Current period 2026-04-01 — 2026-06-30Comparison period 2026-01-01 — 2026-03-31
Financial comparison of two defined periods; expand values for source records
Line itemCurrent periodComparison periodAmount changeGrowth
RevenueRecognized revenue; growth is calculated only when the comparison-period base is positive
747.00 M

Raw value 747,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reported data

1.13 B

Raw value 1,129,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

-382.00 M-33.84%
Operating incomeOperating margin -9.64% · Change -28.24 percentage points
-72.00 M

Raw value -72,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reported data

210.00 M

Raw value 210,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

-282.00 M-134.29%
Net incomeNet margin -12.32%
-92.00 M

Raw value -92,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reported data

———
Operating cash flowOperating cash flow / revenue -58.10% · Change -98.93 percentage points
-434.00 MDerived by subtraction

Raw value -434,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2026-01-01 — 2026-06-30 · 27.00 M USD · Source version 2026-08-05
  • Subtract: 2026-01-01 — 2026-03-31 · 461.00 M USD · Source version 2026-05-05
461.00 M

Raw value 461,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

-895.00 M-194.14%
Capital expenditureCapital expenditure / revenue 18.61% · Change +14.89 percentage points
139.00 MDerived by subtraction

Raw value 139,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2026-01-01 — 2026-06-30 · 181.00 M USD · Source version 2026-08-05
  • Subtract: 2026-01-01 — 2026-03-31 · 42.00 M USD · Source version 2026-05-05
42.00 M

Raw value 42,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

+97.00 M+230.95%
Comparable values unavailable for the two selected periods · Gross profit
  • Gross profit:Reported value unavailable; Reported value unavailable.
Check filing sources ↗

The change is the current value minus the comparison value; it is not automatically classified as year-over-year or quarter-over-quarter. Select a value to inspect reporting dates, filing versions and reconstruction inputs.

Historical trends and full financials
Comparable-period financial trends
Last value in range
USD million-50005001k1.5k2023.092024.072025.012025.072026.012026.06747-72-92

Time rangeRevenue

2023-09-30 — 2026-06-30
Methodology and controls

Series with the same unit and frequency share a value axis. Each column compares observations with matching period boundaries and units. Records that fail those checks remain blank. Drag within the chart to zoom and move the range window below to pan. Quarterly values are not filled across other trading days.

Scroll to see all periods; select a value to open its source →

Quarterly financials, USD. Records without verified periods or units are excluded from comparison columns.
Reporting period end · USD2023-09-302024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue
516.00 M

Raw value 516,000,000.00 USD

2023-07-01 — 2023-09-30 · USD · Reported data

509.00 M

Raw value 509,000,000.00 USD

2024-01-01 — 2024-03-31 · USD · Reported data

489.00 M

Raw value 489,000,000.00 USD

2024-04-01 — 2024-06-30 · USD · Reported data

650.00 M

Raw value 650,000,000.00 USD

2024-07-01 — 2024-09-30 · USD · Reported data

467.00 MDerived by subtraction

Raw value 467,000,000.00 USD

2024-10-01 — 2024-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2024-01-01 — 2024-12-31 · 2.12 B USD · Source version 2026-02-26
  • Subtract: 2024-01-01 — 2024-09-30 · 1.65 B USD · Source version 2025-11-05
390.00 M

Raw value 390,000,000.00 USD

2025-01-01 — 2025-03-31 · USD · Reported data

630.00 M

Raw value 630,000,000.00 USD

2025-04-01 — 2025-06-30 · USD · Reported data

812.00 M

Raw value 812,000,000.00 USD

2025-07-01 — 2025-09-30 · USD · Reported data

749.00 MDerived by subtraction

Raw value 749,000,000.00 USD

2025-10-01 — 2025-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2025-01-01 — 2025-12-31 · 2.58 B USD · Source version 2026-02-26
  • Subtract: 2025-01-01 — 2025-09-30 · 1.83 B USD · Source version 2025-11-05
1.13 B

Raw value 1,129,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

747.00 M

Raw value 747,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reported data

Gross profit———————————
Operating income
7.00 M

Raw value 7,000,000.00 USD

2023-07-01 — 2023-09-30 · USD · Reported data

25.00 M

Raw value 25,000,000.00 USD

2024-01-01 — 2024-03-31 · USD · Reported data

27.00 M

Raw value 27,000,000.00 USD

2024-04-01 — 2024-06-30 · USD · Reported data

158.00 M

Raw value 158,000,000.00 USD

2024-07-01 — 2024-09-30 · USD · Reported data

16.00 MDerived by subtraction

Raw value 16,000,000.00 USD

2024-10-01 — 2024-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2024-01-01 — 2024-12-31 · 226.00 M USD · Source version 2026-02-26
  • Subtract: 2024-01-01 — 2024-09-30 · 210.00 M USD · Source version 2025-11-05
-106.00 M

Raw value -106,000,000.00 USD

2025-01-01 — 2025-03-31 · USD · Reported data

66.00 M

Raw value 66,000,000.00 USD

2025-04-01 — 2025-06-30 · USD · Reported data

263.00 M

Raw value 263,000,000.00 USD

2025-07-01 — 2025-09-30 · USD · Reported data

-313.00 MDerived by subtraction

Raw value -313,000,000.00 USD

2025-10-01 — 2025-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2025-01-01 — 2025-12-31 · -90.00 M USD · Source version 2026-02-26
  • Subtract: 2025-01-01 — 2025-09-30 · 223.00 M USD · Source version 2025-11-05
210.00 M

Raw value 210,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

-72.00 M

Raw value -72,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reported data

Net income—
294.00 M

Raw value 294,000,000.00 USD

2024-01-01 — 2024-03-31 · USD · Reported data

454.00 M

Raw value 454,000,000.00 USD

2024-04-01 — 2024-06-30 · USD · Reported data

168.00 M

Raw value 168,000,000.00 USD

2024-07-01 — 2024-09-30 · USD · Reported data

82.00 MDerived by subtraction

Raw value 82,000,000.00 USD

2024-10-01 — 2024-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2024-01-01 — 2024-12-31 · 998.00 M USD · Source version 2026-02-26
  • Subtract: 2024-01-01 — 2024-09-30 · 916.00 M USD · Source version 2025-11-05
-135.00 M

Raw value -135,000,000.00 USD

2025-01-01 — 2025-03-31 · USD · Reported data

72.00 M

Raw value 72,000,000.00 USD

2025-04-01 — 2025-06-30 · USD · Reported data

207.00 M

Raw value 207,000,000.00 USD

2025-07-01 — 2025-09-30 · USD · Reported data

-363.00 MDerived by subtraction

Raw value -363,000,000.00 USD

2025-10-01 — 2025-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2025-01-01 — 2025-12-31 · -219.00 M USD · Source version 2026-02-26
  • Subtract: 2025-01-01 — 2025-09-30 · 144.00 M USD · Source version 2025-11-05
—
-92.00 M

Raw value -92,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reported data

Operating cash flow—
173.00 M

Raw value 173,000,000.00 USD

2024-01-01 — 2024-03-31 · USD · Reported data

-23.00 MDerived by subtraction

Raw value -23,000,000.00 USD

2024-04-01 — 2024-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2024-01-01 — 2024-06-30 · 150.00 M USD · Source version 2025-08-07
  • Subtract: 2024-01-01 — 2024-03-31 · 173.00 M USD · Source version 2025-05-08
96.00 MDerived by subtraction

Raw value 96,000,000.00 USD

2024-07-01 — 2024-09-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2024-01-01 — 2024-09-30 · 246.00 M USD · Source version 2025-11-05
  • Subtract: 2024-01-01 — 2024-06-30 · 150.00 M USD · Source version 2025-08-07
10.00 MDerived by subtraction

Raw value 10,000,000.00 USD

2024-10-01 — 2024-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2024-01-01 — 2024-12-31 · 256.00 M USD · Source version 2026-02-26
  • Subtract: 2024-01-01 — 2024-09-30 · 246.00 M USD · Source version 2025-11-05
119.00 M

Raw value 119,000,000.00 USD

2025-01-01 — 2025-03-31 · USD · Reported data

-184.00 MDerived by subtraction

Raw value -184,000,000.00 USD

2025-04-01 — 2025-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2025-01-01 — 2025-06-30 · -65.00 M USD · Source version 2026-08-05
  • Subtract: 2025-01-01 — 2025-03-31 · 119.00 M USD · Source version 2026-05-05
489.00 MDerived by subtraction

Raw value 489,000,000.00 USD

2025-07-01 — 2025-09-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2025-01-01 — 2025-09-30 · 424.00 M USD · Source version 2025-11-05
  • Subtract: 2025-01-01 — 2025-06-30 · -65.00 M USD · Source version 2026-08-05
280.00 MDerived by subtraction

Raw value 280,000,000.00 USD

2025-10-01 — 2025-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2025-01-01 — 2025-12-31 · 704.00 M USD · Source version 2026-02-26
  • Subtract: 2025-01-01 — 2025-09-30 · 424.00 M USD · Source version 2025-11-05
461.00 M

Raw value 461,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

-434.00 MDerived by subtraction

Raw value -434,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2026-01-01 — 2026-06-30 · 27.00 M USD · Source version 2026-08-05
  • Subtract: 2026-01-01 — 2026-03-31 · 461.00 M USD · Source version 2026-05-05
Capital expenditure—
25.00 M

Raw value 25,000,000.00 USD

2024-01-01 — 2024-03-31 · USD · Reported data

20.00 MDerived by subtraction

Raw value 20,000,000.00 USD

2024-04-01 — 2024-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2024-01-01 — 2024-06-30 · 45.00 M USD · Source version 2025-08-07
  • Subtract: 2024-01-01 — 2024-03-31 · 25.00 M USD · Source version 2025-05-08
13.00 MDerived by subtraction

Raw value 13,000,000.00 USD

2024-07-01 — 2024-09-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2024-01-01 — 2024-09-30 · 58.00 M USD · Source version 2025-11-05
  • Subtract: 2024-01-01 — 2024-06-30 · 45.00 M USD · Source version 2025-08-07
27.00 MDerived by subtraction

Raw value 27,000,000.00 USD

2024-10-01 — 2024-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2024-01-01 — 2024-12-31 · 85.00 M USD · Source version 2026-02-26
  • Subtract: 2024-01-01 — 2024-09-30 · 58.00 M USD · Source version 2025-11-05
18.00 M

Raw value 18,000,000.00 USD

2025-01-01 — 2025-03-31 · USD · Reported data

33.00 MDerived by subtraction

Raw value 33,000,000.00 USD

2025-04-01 — 2025-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2025-01-01 — 2025-06-30 · 51.00 M USD · Source version 2026-08-05
  • Subtract: 2025-01-01 — 2025-03-31 · 18.00 M USD · Source version 2026-05-05
21.00 MDerived by subtraction

Raw value 21,000,000.00 USD

2025-07-01 — 2025-09-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2025-01-01 — 2025-09-30 · 72.00 M USD · Source version 2025-11-05
  • Subtract: 2025-01-01 — 2025-06-30 · 51.00 M USD · Source version 2026-08-05
26.00 MDerived by subtraction

Raw value 26,000,000.00 USD

2025-10-01 — 2025-12-31 · USD · Reconstructed from cumulative disclosures

Fourth quarter reconstructed: full year − first nine months

  • Add: 2025-01-01 — 2025-12-31 · 98.00 M USD · Source version 2026-02-26
  • Subtract: 2025-01-01 — 2025-09-30 · 72.00 M USD · Source version 2025-11-05
42.00 M

Raw value 42,000,000.00 USD

2026-01-01 — 2026-03-31 · USD · Reported data

139.00 MDerived by subtraction

Raw value 139,000,000.00 USD

2026-04-01 — 2026-06-30 · USD · Reconstructed from cumulative disclosures

Quarter reconstructed: current cumulative value − previous cumulative value

  • Add: 2026-01-01 — 2026-06-30 · 181.00 M USD · Source version 2026-08-05
  • Subtract: 2026-01-01 — 2026-03-31 · 42.00 M USD · Source version 2026-05-05
Comparison rules and gaps

Comparison columns require aligned period boundaries, currency and duration. Blank values are not zero; directly reported quarters and cumulative reconstructions are distinguished. A non-positive comparison base is shown as an amount change without a percentage growth rate.

View filing source

Events and disclosure records

Completed events, conditional arrangements and the document versions used are listed separately.

Check original source ↗
Disclosed events

Energy Capital Partners (ECP) affiliates · Capital and financing

Cornerstone acquisition: Talen purchased from affiliates of Energy Capital Partners (ECP) the 1,120 MW Lawrenceburg combined-cycle plant (Indiana), the 875 MW Waterford Energy Center (Ohio) and the 456 MW Darby Generating Station (Ohio) for $3.45bn, comprising approximately $2.55bn in cash and 2,399,998 shares of common stock; merger agreement entered Jan 15, 2026 and the acquisition consummated Jun 15, 2026. [2]

Disclosed events

Caithness Energy · Capital and financing

Acquisition of Caithness Energy's Moxie Freedom (1,045 MW, Pennsylvania) and Guernsey (1,836 MW, Ohio) gas-fired assets, together with BlackRock's preferred position in Guernsey, at an effective enterprise value of approximately $3.5bn; announced July 17, 2025. [3]

Included financial source versions
  1. 10-Q Original financial filings ↗

    This page cites periods ending through 2026-06-30. The same document includes multiple comparison periods.

  2. 10-Q Original financial filings ↗

    This page cites periods ending through 2026-03-31. The same document includes multiple comparison periods.

  3. 10-K Original financial filings ↗

    This page cites periods ending through 2025-12-31. The same document includes multiple comparison periods.

  4. 10-Q Original financial filings ↗

    This page cites periods ending through 2025-09-30. The same document includes multiple comparison periods.

  5. 10-Q Original financial filings ↗

    This page cites periods ending through 2024-06-30.

  6. 10-Q Original financial filings ↗

    This page cites periods ending through 2025-03-31. The same document includes multiple comparison periods.

Showing the latest 6 recorded source versions. Find the remaining 8 in Source values in the full financial table.

Industry relationships and operating mechanisms

Trace supply and demand through contract performance, operating metrics and cash attribution.

Direct relationships: 3 · Excluded by current filters: 0

Goods and services are arranged from supplier to customer; capital is shown separately. Select a relationship to inspect its evidence and operating mechanism. Second-degree paths do not establish guarantees or certain revenue.

Relationship records

3 records
Economic direction / relationship typeStatus / record dateRecorded amountCapacity basisEvidence source
Signed / existing2026-06-15USD 3.45 billionAcquisition consideration2,451 MWSee the record for capacity definitions and conditionsA · Original filingCheck public source ↗
Signed / existing2025-07-17USD 3.5 billionAcquisition consideration2,881 MWSee the record for capacity definitions and conditionsA · Original filingCheck public source ↗
Signed / existing2025USD 18 billionAmount classification not yet structuredNot structuredB · Company / mediaCheck public source ↗
1–3 / 3 records

Capital deployed · Business acquisition

TLN Energy Capital Partners

Signed / existingA · Original filing

What this relationship establishes

Cornerstone Acquisition

Relationship type
Business acquisition

Recorded as signed or existing; performance progress requires separate verification

Amount basis
USD 3.45 billion Acquisition consideration
  • Consideration of $3.45 billion, comprising approximately $2.55 billion in cash and 2,399,998 common shares

Separate cash, notes, shares and contingent consideration. Payment timing, subsequent adjustments and closing status cannot be inferred from the total. The graph's USD field retains its stored value; the original wording determines whether an amount is exact, approximate, a floor or a cap.

Attribution
Applies to this relationship; the original document determines the specific legal entities and attribution.
Capacity
2,451 MWSee the record for capacity definitions and conditions

Capacity definitions are retained separately for each record and cannot be added together as recognizable revenue.

Concentration
A relationship amount and company denominator with matching periods and definitions are not provided

Relationship counts, capacity and total contract value are not measures of revenue or procurement concentration.

Complete record and source location

Cornerstone acquisition: Talen purchased from affiliates of Energy Capital Partners (ECP) the 1,120 MW Lawrenceburg combined-cycle plant (Indiana), the 875 MW Waterford Energy Center (Ohio) and the 456 MW Darby Generating Station (Ohio) for $3.45bn, comprising approximately $2.55bn in cash and 2,399,998 shares of common stock; merger agreement entered Jan 15, 2026 and the acquisition consummated Jun 15, 2026.

A · Original filing

Talen Energy Corp., Form 8-K dated June 15, 2026 (closing of the Cornerstone acquisition)

Consideration, integration and returns

The excerpts below come from this record. Verify signed status separately from actual completion.

  • Merger agreement signed on 2026-01-15; closed on 2026-06-15
Inputs still needed to quantify the impact
  • Payment arrangements for cash, notes and contingent consideration
  • Purchase accounting allocation, goodwill and subsequent integration spending
  • The basis for separating incremental cash returns from the existing business

The amount associated with a relationship cannot substitute for the company's revenue, earnings or stock-price impact. Applies to this relationship; the original document determines the specific legal entities and attribution.

How to test the operating mechanism

Analytical framework, not a realized impact

  1. Transaction terms

    TLN → Energy Capital Partners: verify the acquisition scope, closing conditions and composition of the consideration.

  2. Consolidation and integration

    Verify cash paid at closing, seller notes and contingent consideration separately; track identifiable assets, goodwill and subsequent integration spending.

  3. Financial outcomes

    Verify the acquired business's contribution, acquisition cash outflows and capital tied up; recorded goodwill is not distributable cash.

  4. Testing price implications

    Test whether incremental cash returns justify the consideration paid before assessing per-share value; consolidated acquired revenue is not the same as synergy benefits.

Cross-check relationship events against subsequent disclosures of company revenue, costs, working capital and cash flows; movements in the same direction alone do not establish causation.

Operating data to test the relationship

TLN · Company-specific metric definitions and classifications

Metrics test operating processes; an overall change cannot be attributed to a single relationship. Expand the definitions to check calculation methods and their applicable boundaries.

Profit and costs

Can revenue growth translate into earnings attributable to shareholders?

Preserve the distinctions relating to depreciation, stock-based compensation, adjustments and segments. The company's margin cannot be applied as this contract's margin.
Operating metricLatest valueDefinition and boundaries
Operating margin ↗2026-06-30 · Research calculation-9.64%
Definition and boundaries

Operating income / revenue × 100

Uses reported operating income, not adjusted earnings. Differences in expense classification can still limit comparisons across companies. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Net margin ↗2026-06-30 · Research calculation-12.32%
Definition and boundaries

Selected net-income concept / revenue × 100

May reflect differences in non-controlling interests, taxes and one-time gains or losses. The specific net-income concept is retained for each observation. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Operating cash flow / revenue ↗2026-06-30 · Research calculation-58.1%
Definition and boundaries

Operating cash flow / revenue × 100

Shows operating cash inflows and outflows, including working capital and taxes. It is neither a contract collection rate nor cash available for shareholder distribution. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

(CFO − cash purchases of PP&E) / revenue ↗2026-06-30 · Research calculation-76.71%
Definition and boundaries

(Operating cash flow − cash purchases of PP&E) / revenue × 100

A free-cash-flow proxy deducting only identified PP&E purchases. It does not deduct acquisitions, capital prepayments, intangible assets or lease principal, and does not establish cash distributable to common shareholders. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Investment and funding needs

How much cash is required for construction and procurement before delivery?

Compare prepayments, cash capital expenditure and commissioning plans. Current-period revenue is not a substitute for a full investment-recovery calculation.
Operating metricLatest valueDefinition and boundaries
Cash purchases of PP&E / revenue ↗2026-06-30 · Research calculation18.61%
Definition and boundaries

Cash purchases of PP&E / revenue × 100

Identified cash purchases of PP&E, excluding non-cash additions. Maintenance and expansion investment are not separated. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Show remaining company metrics (2)
Other operating observations

What verifiable information does this metric provide about this relationship?

Use the metric's definition and original inputs. Quantitative attribution to this relationship has not been established.
Operating metricLatest valueDefinition and boundaries
Revenue growth YoY ↗2026-06-30 · Research calculation18.57%
Definition and boundaries

(Current-period revenue / comparable prior-year revenue − 1) × 100

Requires the same concept and currency for equal-length periods one year apart, with positive prior-year revenue. A 53-week versus 52-week year may still differ by one week; no daily adjustment is made. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

(Net income − operating cash flow) / revenue ↗2026-06-30 · Research calculation45.78%
Definition and boundaries

(Net income − operating cash flow) / revenue × 100

The amount difference divided by revenue. This is not the Sloan accrual ratio or an earnings-manipulation score. A positive value only indicates that earnings exceed operating cash flow for the same period. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.

Related companies in the value chain 12 companies · Generation and on-site power

Related browsing is based on overlapping segments in the current graph. It does not establish direct peers, valuation comparability, or a supply, customer or investment relationship.

Search all operating metrics and calculation methods

Operating metric search

Test relationship hypotheses against actual operating series, with their definitions, periods and calculation methods.

Historical research methodology
7 / 7 items
Operating metricLatest valuePeriod / classificationDefinition and interpretation boundariesAnalysis
Revenue growth YoY18.57%2026-06-30Research calculation(Current-period revenue / comparable prior-year revenue − 1) × 100Requires the same concept and currency for equal-length periods one year apart, with positive prior-year revenue. A 53-week versus 52-week year may still differ by one week; no daily adjustment is made. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.View full series ↗
Operating margin-9.64%2026-06-30Research calculationOperating income / revenue × 100Uses reported operating income, not adjusted earnings. Differences in expense classification can still limit comparisons across companies. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.View full series ↗
Net margin-12.32%2026-06-30Research calculationSelected net-income concept / revenue × 100May reflect differences in non-controlling interests, taxes and one-time gains or losses. The specific net-income concept is retained for each observation. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.View full series ↗
Operating cash flow / revenue-58.1%2026-06-30Research calculationOperating cash flow / revenue × 100Shows operating cash inflows and outflows, including working capital and taxes. It is neither a contract collection rate nor cash available for shareholder distribution. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.View full series ↗
(CFO − cash purchases of PP&E) / revenue-76.71%2026-06-30Research calculation(Operating cash flow − cash purchases of PP&E) / revenue × 100A free-cash-flow proxy deducting only identified PP&E purchases. It does not deduct acquisitions, capital prepayments, intangible assets or lease principal, and does not establish cash distributable to common shareholders. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.View full series ↗
Cash purchases of PP&E / revenue18.61%2026-06-30Research calculationCash purchases of PP&E / revenue × 100Identified cash purchases of PP&E, excluding non-cash additions. Maintenance and expansion investment are not separated. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.View full series ↗
(Net income − operating cash flow) / revenue45.78%2026-06-30Research calculation(Net income − operating cash flow) / revenue × 100The amount difference divided by revenue. This is not the Sloan accrual ratio or an earnings-manipulation score. A positive value only indicates that earnings exceed operating cash flow for the same period. Uses explicit period boundaries, the reported currency and the selected SEC concept. Cumulative reconstructions retain signed inputs. The filing-version date is not a verified first-disclosure date. Missing values are neither replaced with zero nor interpolated into daily observations.View full series ↗
Source grades, dates and quantitative definitions

A = original SEC or exchange filings; B = company announcements, IR materials, official websites or established media; C = industry-structure inferences or third-party accounts without an independent primary source

Key relationships were reviewed using public information available through 2026-10-23. Historical relationships have not all been individually reverified. Their original dates are retained; delisted entities remain in the relationship archive but are excluded from market-cap weights. Review coverage through 2026-10-23.

Signed status does not mean that the full amount has been paid or that capacity has been delivered. Assess contract value, period revenue, investment, loans, prepayments and guarantee caps separately; do not sum them as a single exposure. Distinguish total power capacity from critical IT load. Company-level metrics cannot be attributed directly to an individual relationship.

Source facts and operating implications are distinguished, with forecasts and conditional scenarios identified as such. Missing relationships mean that this graph has no record of them. Data version 60aad2cdea0eff4f82e9dafe344d1e57aa2b950269b621d7e5bddfef10520644.

EVIDENCE & SOURCES

Data and calculation basis

Sources and filing versions
Quotes and valuation

2026-10-27, 16:00 ET · Regular-session close. History through 2026-10-23 uses provider split-adjusted prices, excluding dividends. Full-history adjustment factors have not been independently recalculated. MA20 is the arithmetic mean of 20 recorded trading-day closes and does not bridge missing prices or known corporate actions. Price comparisons exclude dividend reinvestment and do not represent total returns. Market cap retrieved on 2026-10-28. Prices refresh daily. Source timestamps and website update times are shown separately.

The current security identity and recorded historical continuity have been checked. Listing-date coverage is shown separately.

Original verification notes

verified-listing-start-covered

Current Nasdaq listing. Earlier OTC and pre-reorganization Talen securities excluded.

Financial statements

Reporting period 2026-06-30; filed 2026-08-05. Financials use the company's reporting periods and currency; unavailable values appear as —. Expand the section below each chart to inspect metric definitions, inputs and original sources.

Business evidence

Based on value-chain records; original operating disclosures are still needed.

Citations: 3 · Documents: 3

1Talen press release and investor materials [B]; TLN 2026Q2 8-KValue-chain archive

Talen press release and investor materials [B]; TLN 2026Q2 8-K · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source
2Talen Energy Corp., Form 8-K dated June 15, 2026 (closing of the Cornerstone acquisition)Value-chain archive

Talen Energy Corp., Form 8-K dated June 15, 2026 (closing of the Cornerstone acquisition) · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source
3Talen Energy Corp., Form 8-K exhibit — investor relations press release, July 17, 2025Value-chain archive

Talen Energy Corp., Form 8-K exhibit — investor relations press release, July 17, 2025 · Document date unverified

Graph source summary; original documents have not been individually rechecked. Event dates and source-publication dates are listed separately.

Open source
Missing evidence
  • Primary-source coverage of the company’s standalone business analysis and falsification criteria is incomplete.
  • Company-specific operating KPIs are not yet available; financial ratios do not substitute for evidence about products, orders or capacity.
Unresolved business questions
Which products, customers and revenue categories can be independently verified from primary materials?
Existing relationship records do not represent the entire business; company-level primary evidence for segments, products, customer concentration and key operations remains incomplete.
Relationships
Company announcements, framework intentions and signed agreements are distinguished. Contract amounts do not represent payments already made. Records without sources are flagged separately.
Version
60aad2cdea0eff4f82e9dafe344d1e57aa2b950269b621d7e5bddfef10520644

ResearchSource document

Sources: 7
01TLN · 10-Q · Filing version 2024-11-14

The filing version used. Each observation lists its concept, original-currency amount, period and input signs. This does not establish the first public disclosure date.

View original disclosure
02TLN · 10-Q · Filing version 2025-05-08

The filing version used. Each observation lists its concept, original-currency amount, period and input signs. This does not establish the first public disclosure date.

View original disclosure
03TLN · 10-Q · Filing version 2025-08-07

The filing version used. Each observation lists its concept, original-currency amount, period and input signs. This does not establish the first public disclosure date.

View original disclosure
04TLN · 10-Q · Filing version 2025-11-05

The filing version used. Each observation lists its concept, original-currency amount, period and input signs. This does not establish the first public disclosure date.

View original disclosure
05TLN · 10-K · Filing version 2026-02-26

The filing version used. Each observation lists its concept, original-currency amount, period and input signs. This does not establish the first public disclosure date.

View original disclosure
06TLN · 10-Q · Filing version 2026-05-05

The filing version used. Each observation lists its concept, original-currency amount, period and input signs. This does not establish the first public disclosure date.

View original disclosure
07TLN · 10-Q · Filing version 2026-08-05

The filing version used. Each observation lists its concept, original-currency amount, period and input signs. This does not establish the first public disclosure date.

View original disclosure