---
schema_version: "secwatch.filing_event.v1"
accession: "0001622536-26-000014"
form_type: "8-K"
ticker: "TLN"
cik: "0001622536"
company_name: "Talen Energy Corp"
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:37:36.815008+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Talen Energy reports FY2025 Adj. EBITDA $1,035M; signs Cornerstone Acquisition

## Summary
- 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.

## SEC filing metadata
- accession: 0001622536-26-000014
- form_type: 8-K
- ticker: TLN
- cik: 0001622536
- company_name: Talen Energy Corp
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622536/000162253626000014/0001622536-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622536/000162253626000014/tln-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001622536-26-000014
- JSON: https://secwatch.observer/filing/0001622536-26-000014.json
- Plain text: https://secwatch.observer/filing/0001622536-26-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.