earnings
confidence high
sentiment neutral
materiality 0.75
Talen Energy reports FY2025 Adj. EBITDA $1,035M; signs Cornerstone Acquisition
Talen Energy Corp
2025-FY EPS reported
-$4.79
revenue$2,581,000,000
- Full year GAAP Net Loss $(219)M vs prior year income $998M; Adjusted EBITDA $1,035M up from $770M.
- Q4 GAAP Net Loss $(363)M; Adjusted EBITDA $382M vs $164M prior year.
- Completed Freedom & Guernsey acquisitions (2.8 GW) Nov 2025; signed Cornerstone Acquisition (Waterford, Darby, Lawrenceburg) from ECP.
- Reaffirmed 2026 guidance: Adj EBITDA $1,750M-$2,050M, Adj FCF $980M-$1,180M.
- Recorded $501M charge due to stock-based awards modification; expanded Amazon PPA to 1,920 MW; repurchase program up to $2B through 2028.