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Side-by-side financial comparison of POWER SOLUTIONS INTERNATIONAL, INC. (PSIX) and Talen Energy Corp (TLN), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
Talen Energy Corp is the larger business by last-quarter revenue ($758.0M vs $191.2M, roughly 4.0× POWER SOLUTIONS INTERNATIONAL, INC.). POWER SOLUTIONS INTERNATIONAL, INC. runs the higher net margin — 8.4% vs -47.9%, a 56.3% gap on every dollar of revenue. On growth, Talen Energy Corp posted the faster year-over-year revenue change (114.7% vs 32.5%). Talen Energy Corp produced more free cash flow last quarter ($254.0M vs $-7.6M). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% CAGR vs 35.0%).
Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.
PSIX vs TLN — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $191.2M | $758.0M |
| Net Profit | $16.1M | $-363.0M |
| Gross Margin | 21.9% | — |
| Operating Margin | 12.7% | -41.3% |
| Net Margin | 8.4% | -47.9% |
| Revenue YoY | 32.5% | 114.7% |
| Net Profit YoY | -31.0% | -542.7% |
| EPS (diluted) | $0.69 | $-7.60 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $191.2M | $758.0M | ||
| Q3 25 | $203.8M | $697.0M | ||
| Q2 25 | $191.9M | $409.0M | ||
| Q1 25 | $135.4M | $654.0M | ||
| Q4 24 | $144.3M | $353.0M | ||
| Q3 24 | $125.8M | $459.0M | ||
| Q2 24 | $110.6M | $346.0M | ||
| Q1 24 | $95.2M | $416.0M |
| Q4 25 | $16.1M | $-363.0M | ||
| Q3 25 | $27.6M | $207.0M | ||
| Q2 25 | $51.2M | $72.0M | ||
| Q1 25 | $19.1M | $-135.0M | ||
| Q4 24 | $23.3M | $82.0M | ||
| Q3 24 | $17.3M | $168.0M | ||
| Q2 24 | $21.5M | $454.0M | ||
| Q1 24 | $7.1M | $294.0M |
| Q4 25 | 21.9% | — | ||
| Q3 25 | 23.9% | — | ||
| Q2 25 | 28.2% | — | ||
| Q1 25 | 29.7% | — | ||
| Q4 24 | 29.9% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 31.8% | — | ||
| Q1 24 | 27.0% | — |
| Q4 25 | 12.7% | -41.3% | ||
| Q3 25 | 13.9% | 37.7% | ||
| Q2 25 | 16.9% | 16.1% | ||
| Q1 25 | 18.2% | -16.2% | ||
| Q4 24 | 17.5% | 4.5% | ||
| Q3 24 | 16.3% | 34.4% | ||
| Q2 24 | 22.9% | 7.8% | ||
| Q1 24 | 11.2% | 6.0% |
| Q4 25 | 8.4% | -47.9% | ||
| Q3 25 | 13.5% | 29.7% | ||
| Q2 25 | 26.7% | 17.6% | ||
| Q1 25 | 14.1% | -20.6% | ||
| Q4 24 | 16.1% | 23.2% | ||
| Q3 24 | 13.8% | 36.6% | ||
| Q2 24 | 19.5% | 131.2% | ||
| Q1 24 | 7.5% | 70.7% |
| Q4 25 | $0.69 | $-7.60 | ||
| Q3 25 | $1.20 | $4.25 | ||
| Q2 25 | $2.22 | $1.50 | ||
| Q1 25 | $0.83 | $-2.94 | ||
| Q4 24 | $1.01 | $2.07 | ||
| Q3 24 | $0.75 | $3.16 | ||
| Q2 24 | $0.94 | $7.60 | ||
| Q1 24 | $0.31 | $4.84 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.3M | $689.0M |
| Total DebtLower is stronger | $96.6M | $6.8B |
| Stockholders' EquityBook value | $178.6M | $1.1B |
| Total Assets | $424.7M | $10.9B |
| Debt / EquityLower = less leverage | 0.54× | 6.23× |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $41.3M | $689.0M | ||
| Q3 25 | $49.0M | $497.0M | ||
| Q2 25 | $49.5M | $122.0M | ||
| Q1 25 | $50.0M | $295.0M | ||
| Q4 24 | $55.3M | $328.0M | ||
| Q3 24 | $40.5M | $648.0M | ||
| Q2 24 | $28.8M | $632.0M | ||
| Q1 24 | $33.1M | — |
| Q4 25 | $96.6M | $6.8B | ||
| Q3 25 | $96.7M | $3.0B | ||
| Q2 25 | $1.8M | $3.0B | ||
| Q1 25 | $1.0M | $3.0B | ||
| Q4 24 | $184.0K | $3.0B | ||
| Q3 24 | $238.0K | $2.6B | ||
| Q2 24 | $292.0K | $2.6B | ||
| Q1 24 | $345.0K | — |
| Q4 25 | $178.6M | $1.1B | ||
| Q3 25 | $162.5M | $1.5B | ||
| Q2 25 | $135.7M | $1.2B | ||
| Q1 25 | $84.3M | $1.2B | ||
| Q4 24 | $65.3M | $1.4B | ||
| Q3 24 | $42.1M | $2.4B | ||
| Q2 24 | $24.8M | $2.5B | ||
| Q1 24 | $3.2M | $2.8B |
| Q4 25 | $424.7M | $10.9B | ||
| Q3 25 | $458.9M | $6.1B | ||
| Q2 25 | $437.7M | $5.8B | ||
| Q1 25 | $372.7M | $5.9B | ||
| Q4 24 | $328.2M | $6.1B | ||
| Q3 24 | $339.1M | $6.8B | ||
| Q2 24 | $307.6M | $7.1B | ||
| Q1 24 | $286.8M | — |
| Q4 25 | 0.54× | 6.23× | ||
| Q3 25 | 0.60× | 2.03× | ||
| Q2 25 | 0.01× | 2.40× | ||
| Q1 25 | 0.01× | 2.54× | ||
| Q4 24 | 0.00× | 2.17× | ||
| Q3 24 | 0.01× | 1.10× | ||
| Q2 24 | 0.01× | 1.05× | ||
| Q1 24 | 0.11× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-4.6M | $280.0M |
| Free Cash FlowOCF − Capex | $-7.6M | $254.0M |
| FCF MarginFCF / Revenue | -4.0% | 33.5% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | 1.6% | 3.4% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | -0.29× | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.1M | $606.0M |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $-4.6M | $280.0M | ||
| Q3 25 | $3.3M | $489.0M | ||
| Q2 25 | $16.7M | $-184.0M | ||
| Q1 25 | $8.8M | $119.0M | ||
| Q4 24 | $32.7M | — | ||
| Q3 24 | $12.6M | $96.0M | ||
| Q2 24 | $1.5M | $-23.0M | ||
| Q1 24 | $15.6M | $173.0M |
| Q4 25 | $-7.6M | $254.0M | ||
| Q3 25 | $1.7M | $468.0M | ||
| Q2 25 | $14.6M | $-217.0M | ||
| Q1 25 | $5.4M | $101.0M | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $12.1M | $83.0M | ||
| Q2 24 | $822.0K | $-43.0M | ||
| Q1 24 | $14.8M | $148.0M |
| Q4 25 | -4.0% | 33.5% | ||
| Q3 25 | 0.8% | 67.1% | ||
| Q2 25 | 7.6% | -53.1% | ||
| Q1 25 | 4.0% | 15.4% | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 9.7% | 18.1% | ||
| Q2 24 | 0.7% | -12.4% | ||
| Q1 24 | 15.6% | 35.6% |
| Q4 25 | 1.6% | 3.4% | ||
| Q3 25 | 0.8% | 3.0% | ||
| Q2 25 | 1.1% | 8.1% | ||
| Q1 25 | 2.5% | 2.8% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 0.3% | 2.8% | ||
| Q2 24 | 0.6% | 5.8% | ||
| Q1 24 | 0.9% | 6.0% |
| Q4 25 | -0.29× | — | ||
| Q3 25 | 0.12× | 2.36× | ||
| Q2 25 | 0.33× | -2.56× | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 1.40× | — | ||
| Q3 24 | 0.73× | 0.57× | ||
| Q2 24 | 0.07× | -0.05× | ||
| Q1 24 | 2.20× | 0.59× |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
PSIX
| Energy End Market | $153.4M | 80% |
| Industrial End Market | $33.3M | 17% |
| Transportation End Market | $4.6M | 2% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |