PPL CorporationPPLEarnings & Financial Report
PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.
Revenue
$2.3B
Gross Profit
N/A
Operating Profit
$545.0M
Net Profit
$307.0M
Gross Margin
N/A
Operating Margin
23.7%
Net Margin
13.3%
YoY Growth
-5.9%
EPS
$0.42
PPL Corporation Q1 FY2024 Financial Summary
PPL Corporation reported revenue of $2.3B (down 5.9% YoY) for Q1 FY2024, with a net profit of $307.0M (up 7.7% YoY) (13.3% margin).
Key Financial Metrics
| Total Revenue | $2.3B |
|---|---|
| Net Profit | $307.0M |
| Gross Margin | N/A |
| Operating Margin | 23.7% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
PPL Corporation Q1 FY2024 revenue of $2.3B breaks down across 9 segments, led by Kentucky Regulated at $984.0M (42.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Kentucky Regulated | $984.0M | 42.7% |
| Other | $548.0M | 23.8% |
| Residential | $426.0M | 18.5% |
| Transmission | $205.0M | 8.9% |
| Commercial | $106.0M | 4.6% |
| Wholesale Other | $15.0M | 0.7% |
| Industrial | $12.0M | 0.5% |
| Wholesale Municipal | $6.0M | 0.3% |
| Corporate | $1.0M | 0.0% |
PPL Corporation Revenue by Segment — Quarterly Trend
PPL Corporation revenue by segment across the last 4 reported quarters, showing how each business line (such as Kentucky Regulated and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Kentucky Regulated | — | — | — | $1.1B |
| Other | $532.0M | $454.3M | $940.1M | — |
| Residential | $451.0M | $403.0M | $345.0M | $457.0M |
| Transmission | $228.0M | $229.0M | $223.0M | — |
| Commercial | $117.0M | $119.0M | $106.0M | $106.0M |
PPL Corporation Annual Revenue by Year
PPL Corporation annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $9.2B |
| 2024 | $8.4B |
| 2023 | $8.3B |
| 2022 | $7.8B |
PPL Corporation Quarterly Revenue & Net Profit History
PPL Corporation results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.3B | +7.2% | $266.0M | 11.3% |
| Q3 FY2025 | $2.2B | +7.7% | $318.0M | 14.2% |
| Q2 FY2025 | $2.0B | +8.9% | $183.0M | 9.0% |
| Q1 FY2025 | $2.5B | +10.5% | $414.0M | 16.3% |
| Q4 FY2024 | $2.2B | +10.4% | $177.0M | 8.1% |
| Q3 FY2024 | $2.1B | +1.9% | $214.0M | 10.3% |
| Q2 FY2024 | $1.9B | +2.9% | $190.0M | 10.1% |
| Q1 FY2024 | $2.3B | -5.9% | $307.0M | 13.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.30B | $1.87B | $2.08B | $2.19B | $2.54B | $2.04B | $2.24B | $2.35B |
| YoY Growth | -5.9% | 2.9% | 1.9% | 10.4% | 10.5% | 8.9% | 7.7% | 7.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $39.63B | $39.84B | $40.47B | $41.07B | $41.81B | $42.36B | $43.94B | $45.24B |
| Liabilities | $25.57B | $25.77B | $26.38B | $26.99B | $27.51B | $28.08B | $29.53B | $30.36B |
| Equity | $14.06B | $14.06B | $14.09B | $14.08B | $14.30B | $14.29B | $14.41B | $14.88B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $282.0M | $766.0M | $781.0M | $511.0M | $513.0M | $602.0M | $966.0M | $548.0M |