Talen Energy reported third quarter 2026 GAAP net income of $138 million alongside $669 million in Adjusted EBITDA. The company also upsized its share repurchase program to $3.0 billion, including a $1.5 billion accelerated share repurchase, and introduced 2027 guidance projecting roughly 26% growth in Adjusted EBITDA at the midpoint.
Third quarter 2026 GAAP net income attributable to stockholders was $138 million, down from $207 million in the third quarter of 2025.
Adjusted EBITDA reached $669 million and Adjusted Free Cash Flow reached $433 million for the third quarter of 2026.
The board upsized the share repurchase program to $3.0 billion, launching a $1.5 billion accelerated share repurchase program funded partly by a $1.5 billion PJM capacity monetization.
The company reaffirmed its full-year 2026 Adjusted EBITDA guidance of $2,050 million to $2,200 million and introduced 2027 guidance of $2,500 million to $2,850 million.
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From Talen Energy's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$2.52B
+60.0%
$-4.79
-127.1%
-8.7%
FY2024
$1.57B
-51.0%
$17.67
—
63.4%
FY2022
$3.21B
—
—
—
-40.2%
Frequently asked questions
When is Talen Energy's next earnings date?
Talen Energy has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Talen Energy earn last quarter?
For the quarter ended Sep 2026, Talen Energy reported diluted EPS of $2.88 (-32.2% year over year) on revenue of $1.66B (+138.6%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.