--- title: "PPL Corporation Pref Shares PPLC 7.0 02/15/2029 | 8-K: FY2026 Q1 Revenue: USD 2.774 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/285719195.md" datetime: "2026-05-08T11:55:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285719195.md) - [en](https://longbridge.com/en/news/285719195.md) - [zh-HK](https://longbridge.com/zh-HK/news/285719195.md) generator: "portal-rs" --- # PPL Corporation Pref Shares PPLC 7.0 02/15/2029 | 8-K: FY2026 Q1 Revenue: USD 2.774 B Revenue: As of FY2026 Q1, the actual value is USD 2.774 B. EPS: As of FY2026 Q1, the actual value is USD 0.6. ### Financial Performance Summary #### Consolidated Results (GAAP) PPL Corporation reported Net Income of $452 million for the first quarter of 2026, an increase from $414 million in the first quarter of 2025, representing a 9% change . #### Consolidated Results (Non-GAAP - Earnings from Ongoing Operations) Earnings from ongoing operations were $478 million for the first quarter of 2026, compared to $444 million in the first quarter of 2025, an 8% increase . #### Segment Performance (Earnings from Ongoing Operations Per Share) - **Kentucky Regulated**: Contributed $0.33 per share in Q1 2026, up from $0.30 per share in Q1 2025, primarily due to higher retail rates effective January 1, 2026, partially offset by higher operating costs, depreciation, and interest expenses . - **Pennsylvania Regulated**: Maintained $0.25 per share in both Q1 2026 and Q1 2025, driven by higher transmission revenue from capital investments, offset by increased operating costs, depreciation, and interest expenses . - **Rhode Island Regulated**: Remained at $0.10 per share in both Q1 2026 and Q1 2025, influenced by higher rider revenue, offset by higher depreciation expense . - **Corporate and Other**: Reported - $0.05 per share in both Q1 2026 and Q1 2025, mainly due to higher interest expense offset by other factors . #### Consolidated Statements of Income (Three Months Ended March 31) - **Operating Revenues**: $2,774 million in 2026, up from $2,504 million in 2025 . - **Total Operating Expenses**: $2,029 million in 2026, compared to $1,826 million in 2025 . - Fuel: $274 million in 2026 vs $234 million in 2025 . - Energy purchases: $703 million in 2026 vs $559 million in 2025 . - Other operation and maintenance: $579 million in 2026 vs $598 million in 2025 . - Depreciation: $351 million in 2026 vs $322 million in 2025 . - Taxes, other than income: $122 million in 2026 vs $113 million in 2025 . - **Operating Income**: $745 million in 2026, up from $678 million in 2025 . - **Other Income (Expense) - net**: $39 million in 2026, compared to $28 million in 2025 . - **Interest Expense**: $224 million in 2026, up from $190 million in 2025 . - **Income Before Income Taxes**: $560 million in 2026, compared to $516 million in 2025 . - **Income Taxes**: $108 million in 2026, up from $102 million in 2025 . #### Consolidated Statements of Cash Flows (Three Months Ended March 31) - **Net Cash Provided by Operating Activities**: $557 million in 2026, an increase from $513 million in 2025 . - **Net Cash Used in Investing Activities**: - $1,046 million in 2026, compared to - $783 million in 2025 . - Expenditures for property, plant and equipment: - $1,058 million in 2026 vs - $793 million in 2025 . - **Net Cash Provided by Financing Activities**: $654 million in 2026, up from $271 million in 2025 . - Issuance of long-term debt: $1,150 million in 2026 vs $0 in 2025 . - Retirement of long-term debt: - $18 million in 2026 vs $0 in 2025 . - Payment of common stock dividends: - $202 million in 2026 vs - $190 million in 2025 . - Net increase (decrease) in short-term debt: - $236 million in 2026 vs $475 million in 2025 . #### Operating - Electricity Sales (Three Months Ended March 31) - **PA Regulated Segment (Retail Delivered)**: 10,315 GWh in 2026, up 1.7% from 10,144 GWh in 2025 . - **KY Regulated Segment (Retail Delivered)**: 7,645 GWh in 2026, down 2.0% from 7,803 GWh in 2025 . - **KY Regulated Segment (Wholesale)**: 308 GWh in 2026, down 29.8% from 439 GWh in 2025 . - **Total Electricity Sales**: 18,268 GWh in 2026, a decrease of 0.6% from 18,386 GWh in 2025 . ### Outlook / Guidance PPL Corporation reaffirmed its 2026 ongoing earnings forecast range of $1.90 to $1.98 per share, with a midpoint of $1.94 per share . The company also reaffirmed its annual earnings-per-share growth target of 6% to 8% through at least 2029, expecting compound annual growth near the top end of this range . PPL is on pace to complete $5.1 billion in 2026 infrastructure investments and is advancing several regulatory processes and new generation projects . ### Related Stocks - [PPLC.US](https://longbridge.com/en/quote/PPLC.US.md) ## Related News & Research - [PPL to Pay Quarterly Stock Dividend Oct. 1, 2026 | PPL Stock News](https://longbridge.com/en/news/296609457.md) - [PPL Corporation (NYSE:PPL) Announces $0.28 Quarterly Dividend](https://longbridge.com/en/news/296657706.md) - [Hacksaw holds extraordinary shareholder meeting, adopts new key employee LTIP 2026/2029:2](https://longbridge.com/en/news/296590342.md) - [Northann amends 8-K to file former auditor LAO Professionals’ letter on resignation](https://longbridge.com/en/news/296825824.md) - [NAPC Defense announces availability of fiscal 2026 Form 10-K report](https://longbridge.com/en/news/296821941.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**