Q2 FY26 · Ended Jun 30, 2026 · View SEC filing
New rates landed while upkeep costs fell
Revenue rose 4.25% while operating expenses rose only 1.05%, so most of the quarter's new revenue reached operating profit.
For investorsWhat PPL's earnings depend on from here
For foundersBuilding only against signed contracts
Interest rose 16.58% on new long-term borrowing, about as fast as operating income, so the debt bill shapes what reaches shareholders.
PPL Electric's revenue rose 7.36%, yet pretax income fell, with costs rising before its new distribution rates began in July.
Earnings follow invested capital and allowed returns, not sales effort, while fuel and power costs pass through to customers.
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Business Lens describes PPL Corporation from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
