Filing Flows › Talen Energy (TLN) › Q2 2026 › vs Q1 2026
Talen Energy (TLN) Q2 2026 vs Q1 2026 (quarter over quarter)
Talen Energy's revenue fell $382M (-34%) from $1.1B in Q1 2026 to $747M in Q2 2026. The biggest changes: Revenue from contracts with customers −$674M (-43%).
Talen Energy, Q2 2026: revenue $747M (+19% year over year), operating margin -9.6%, net loss $92.0M, operating cash flow −$434M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Electricity sales and ancillary services, ISO/RTO | $626M | $1.3B | −$710M | -53% |
| Capacity revenues | $237M | $207M | $30.0M | +14% |
| Physical electricity sales, bilateral contracts, other | $31.0M | $25.0M | $6.0M | +24% |
| Revenue from contracts with customers | $894M | $1.6B | −$674M | -43% |
| Revenue | $747M | $1.1B | −$382M | -34% |
| Other revenues (net loss) | $147M | $439M | −$292M | -67% |
| Income tax benefit | $37.0M | −$18.0M | $55.0M | — |
| Net loss | $92.0M | −$63.0M | $155M | — |
| Costs & expenses | $876M | $1.1B | −$253M | -22% |
| Operating costs | $819M | $919M | −$100M | -11% |
| Interest & other, net | $57.0M | $129M | −$72.0M | -56% |
| General & admin | $98.0M | $24.0M | $74.0M | +308% |
| Other operating costs | $721M | $895M | −$174M | -19% |
| Operating cash sources | $596M | −$395M | $991M | — |
| Depreciation & amortization | $92.0M | $66.0M | $26.0M | +39% |
| Share-based compensation | $70.0M | $0 | $70.0M | — |
| Cash used in operations | $434M | −$461M | $895M | — |
| Net loss absorbed | $92.0M | −$63.0M | $155M | — |
| Working capital & other | $504M | −$332M | $836M | — |
Questions
How much did Talen Energy's revenue grow quarter over quarter in Q2 2026?
Talen Energy's revenue fell $382M (-34%) from $1.1B in Q1 2026 to $747M in Q2 2026.
What drove Talen Energy's revenue change in Q2 2026?
Revenue from contracts with customers −$674M (-43%).