Inferra AI / Company / TLN
Talen Energy Corp
TLN · Utilities
Last earnings Aug 12, 2026 · Next earnings Nov 3, 2026
Key results
Adjusted free cash flowquarter
$223 million
Third quarter Adjusted EBITDA of $363 million and Adjusted Free Cash Flow of $223 million.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Today we are reporting Talen s third quarter results, earning $363 million of Adjusted EBITDA and $223 million of Adjusted Free Cash Flow.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
GAAP net incomequarter
$207 million
For the quarter ended September 30, 2025, we reported GAAP Net Income Attributable to Stockholders of $207 million, Adjusted EBITDA of $363 million and Adjusted Free Cash Flow of $223 million.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
AI analysis
Q3 2025 · reported Nov 5, 2025
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Adjusted free cash flow | $223 million | — | — |
| GAAP net income | $207 million | — | — |
Guidance · company-stated
Direction: Reiterated
“As discussed during our September investor update, we are narrowing our 2025 guidance, while our 2026 guidance is reaffirmed and unchanged, said Talen President and Chief Executive Officer Mac McFarland.”
Classified from the release's primary full-year outlook statement.
Cash flow & capex
Capital allocation
Raised $1.2 billion senior secured term loan B credit facility and issued $2.7 billion in senior unsecured notes to finance the Freedom and Guernsey acquisitions (the Acquisitions ).
Increased share repurchase program ( SRP ), with $2 billion remaining through 2028.
Event summary
Talen Energy Reports Third Quarter 2025 Results, Narrows 2025 Guidance Earnings Release Highlights Third quarter GAAP Net Income Attributable to Stockholders of $207 million
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
Direction: Reiterated
Company outlook — Reiterated (“reaffirmed”)
“As discussed during our September investor update, we are narrowing our 2025 guidance, while our 2026 guidance is reaffirmed and unchanged, said Talen President and Chief Executive Officer Mac McFarland.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Raised $1.2 billion senior secured term loan B credit facility and issued $2.7 billion in senior unsecured notes to finance the Freedom and Guernsey acquisitions (the Acquisitions ).
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Increased share repurchase program ( SRP ), with $2 billion remaining through 2028.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Adjusted Free Cash Flow increased by $126 million primarily due to an increase in capacity revenues and energy and other revenues, net of fuel and energy purchases partially offset by higher capital expenditures associated with the extended Susquehanna refueling outage.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
In October 2025, Talen Energy Supply, LLC ( TES ) completed the offerings of $1.4 billion in aggregate principal amount of 6.25% senior unsecured notes due 2034 and $1.29 billion in aggregate principal amount of 6.50% senior unsecured notes due 2036.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Also in October 2025, TES (i) allocated and priced a $1.2 billion senior secured term loan B credit facility (ii) received commitments to increase its existing $700 million Revolving Credit Facility by $200 million to $900 million (iii) received commitments to increase its existing $900 million Letter of Credit Facility ( LCF ) by $200 million to $1.1 billion and (iv) extended the maturity of the LCF from December 2026 to December 2027.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
We expect to use the net proceeds from the unsecured notes, together with the proceeds of the new senior secured term loan B credit facility, to fund the Acquisitions.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Strategy & priorities
McFarland added, We continue to make progress on many fronts, including successfully raising $3.9 billion to fund the Acquisitions, executing under our AWS agreement, as well as continued execution of our Talen Flywheel strategy.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Forward-looking statements address future events and conditions concerning, among other things, statements regarding the proposed Freedom and Guernsey acquisitions, the expected closing of the proposed transactions and the timing thereof, the financing of the proposed transactions, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources, accounting matters, expectations, beliefs, plans, objectives, goals, strategies, future events or performance, shareholder returns and underlying assumptions.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Adjusted Free Cash Flow is computed as Adjusted EBITDA reduced by capital expenditures (including nuclear fuel but excluding development, growth, and (or) conversion capital expenditures), cash payments for interest and finance charges, cash payments for income taxes (excluding income taxes paid from the NDT, taxes paid or deductions taken as a result of strategic asset sales, and benefits of the Nuclear PTC utilized to reduce income taxes paid), and pension contributions.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Risks & headwinds
com Forward Looking Statements This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Forward-looking statements address future events and conditions concerning, among other things, statements regarding the proposed Freedom and Guernsey acquisitions, the expected closing of the proposed transactions and the timing thereof, the financing of the proposed transactions, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources, accounting matters, expectations, beliefs, plans, objectives, goals, strategies, future events or performance, shareholder returns and underlying assumptions.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations and are subject to numerous factors that present considerable risks and uncertainties.
SEC original ↗Talen Energy Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 8-KTLN
Sep 29, 2026
- 8-K/ATLN
Aug 12, 2026
- 10-QTLN
Aug 5, 2026
- 8-KTLN
Aug 5, 2026
- 8-KTLN
Jul 14, 2026
- Q1 2026
- 8-K/ATLN
Jun 18, 2026
- 8-KTLN
Jun 15, 2026
- 8-KTLN
May 21, 2026
- 8-KTLN
May 7, 2026
- 10-QTLN
May 5, 2026
- 8-KTLN
May 5, 2026
- 8-KTLN
Apr 17, 2026
- Q4 2025
- 10-KTLN
Feb 26, 2026
- 8-KTLN
Feb 26, 2026
- 8-K/ATLN
Feb 9, 2026
- 8-KTLN
Jan 15, 2026
- Q3 2025
- 8-KTLN
Dec 17, 2025
- 8-KTLN
Dec 15, 2025
- 8-KTLN
Nov 25, 2025
- 10-QTLN
Nov 5, 2025
- 8-KTLN
Nov 5, 2025
- 8-KTLN
Oct 27, 2025
- 8-KTLN
Oct 10, 2025
- 8-KTLN
Oct 10, 2025
- 8-KTLN
Oct 6, 2025
- Q2 2025
- 8-KTLN
Sep 9, 2025
- 10-QTLN
Aug 7, 2025
- 8-KTLN
Aug 7, 2025
- 8-KTLN
Jul 22, 2025
- 8-KTLN
Jul 17, 2025
Earnings releases
13 documentsPresentations
0 documentsNo presentations for Talen Energy Corp are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Talen Energy Corp are held in this edition of the library.
Mentioned by
4 companiesOther tracked companies whose held documents mention Talen Energy Corp by name or ticker. A mention is counted once per document, from the document text the library holds.
“ations of the Gas Plant Business prior to ECP’s acquisition. On January 15, 2026, ECP and Talen Energy Corporation (“Talen”) executed an Agreement and Plan of … …liabilities 14,951 Net cash provided by operating activities 137,202 Investing a”
“y 4 GW of land development and data center contracting options. HOUSTON, August 5, 2026 – Talen Energy Corporation (“Talen,” “TEC”, the “Compan… …Attributable to Stockholders of $(92) million. ▪ Second quarter Adjusted EBITDA of $374 million and Adju”
“…EX-99.1 4 a20260615pressreleasetalen.htm EX-99.1 Document Exhibit 99.1 Talen Energy Completes Acquisition of High-Quality Western PJM Generation Assets Transaction expands and diversifies portfolio, immediately… …powering the digit”
“ support for nuclear energy; our… …subsidiaries of PPL Corporation, in Kentucky, and with Talen Energy in Pennsylvania and across the PJM Interconnection Regional Transmission Organization (“PJM”) ROCKVILLE, Md., June 4, 2026 – X-Energy, Inc. (NASDAQ”
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