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Companies / Utilities / Talen Energy Corp
TLN

Talen Energy Corp

UtilitiesElectric, Gas & Water
Ticker TLNHOUSTON, TXFiscal year ends DecemberBook value per share $35.32Diluted shares 45.8M

Talen Energy Corporation (Nasdaq: TLN) owns and operates power generation and energy infrastructure in the United States, producing and selling electricity, capacity and ancillary services to wholesale power markets and contracting power to large-load customers such as data centers. Its approximately 13.1 GW fleet… From the company’s description.

In fiscal 2025, Talen Energy Corp reported revenue of $2.58B, up 22.0% from fiscal 2024, and a net loss of $219.00M. Its operating margin was −3.5%, and operations generated $704.00M in cash. Over the twelve months to Jun 30, 2026, revenue was $3.44B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.58BFY2025
+22.0% year over year
Last 12 mo $3.44B
-3.49%FY2025
−14.2 percentage points
Last 12 mo 2.56%
$-219.00MFY2025
−121.6% year over year
Last 12 mo $-185.00M
-20.04%FY2025
−92.1 percentage points
Last 12 mo -11.45%
Cash & financing
$704.00MFY2025
+175.0% year over year
Last 12 mo $796.00M
$498.00MFY2025
+191.2% year over year
Last 12 mo $444.00M
6.39FY2025
Was 2.17× a year earlier
Last 12 mo 6.37
45.7MFY2025
−19.1% year over year
Last 12 mo 45.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Talen Energy Corp does

In the company’s own words

Talen Energy Corporation (Nasdaq: TLN) owns and operates power generation and energy infrastructure in the United States, producing and selling electricity, capacity and ancillary services to wholesale power markets and contracting power to large-load customers such as data centers. Its approximately 13.1 GW fleet includes nuclear, natural gas, oil and coal generation, with most capacity in the Mid-Atlantic and Ohio and the remainder at Colstrip in Montana. Talen reports its business as one operating segment, focused on power generation and related wholesale energy activities. In 2025, it produced approximately 17 TWh of zero-carbon power from its Susquehanna nuclear facility, in which it holds a 90% interest. The company’s generation portfolio includes Susquehanna, Brunner Island, Montour, H.A. Wagner and Brandon Shores; its Freedom and Guernsey acquisitions added natural-gas facilities in 2025. A long-term power purchase agreement calls for deliveries of up to 1,920 MW of carbon-free power annually from Susquehanna to Amazon Web Services through 2042. Its website is www.talenenergy.com.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1622536
SIC
4911

Financial performance, year by year

Fiscal 2015–2025 · USD
$-823.20M$623.40M$2.07B$3.52B$4.96B201520242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Talen Energy Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

493
funds hold it
1 of 35
superinvestors hold it
$6.68B
held by funds, at market
36.5%
of shares held by funds

Superinvestors in Talen Energy Corp · what they did last quarter

Polen CapitalINCREASED +116.0%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Talen Energy Corp’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.48%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.21%of fund net assets
—of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.49%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Talen Energy Corp and its peers compare on margins and cash generation over ten years?”
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