PPL Corporation (PPL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 2.77B | 2.27B | 2.24B | 2.02B | 2.5B | 2.21B | 2.07B | 1.88B | 2.3B | 2.03B | 2.04B | 1.82B | 2.42B | 2.29B | 2.13B | 1.7B | 1.78B | 1.49B | 1.51B | 1.29B |
| Revenue Growth % | 10.82% | 2.85% | 8.37% | 7.66% | 8.68% | 8.86% | 1.13% | 3.18% | -4.6% | -11.31% | -4.26% | 7.49% | 35.52% | 54.21% | 41.14% | 31.68% | 18.96% | -23.02% | 8% | 1.98% |
| Cost of Revenue | 1.92B | 1.69B | 1.24B | 1.19B | 1.39B | 1.41B | 1.23B | 1.08B | 1.35B | 1.23B | 1.19B | 1.12B | 1.49B | 1.54B | 1.38B | 1.09B | 997M | 851M | 755M | 700M |
| Gross Profit | 860M | 587M | 1B | 831M | 1.11B | 802M | 840M | 802M | 949M | 797M | 851M | 707M | 921M | 747M | 753M | 602M | 785M | 634M | 757M | 588M |
| Gross Margin % | 30.99% | 25.81% | 44.66% | 41.04% | 44.45% | 36.27% | 40.66% | 42.64% | 41.19% | 39.24% | 41.65% | 38.78% | 38.14% | 32.62% | 35.29% | 35.5% | 44.05% | 42.69% | 50.07% | 45.65% |
| Gross Profit Growth % | -22.73% | -26.81% | 19.05% | 3.62% | 17.28% | 0.63% | -1.29% | 13.44% | 3.04% | 6.69% | 13.01% | 17.44% | 17.32% | 17.82% | -0.53% | 2.38% | 6.95% | -43.04% | 2.16% | -7.98% |
| Operating Expenses | 122M | 109M | 431M | 425M | 435M | 425M | 412M | 412M | 404M | 407M | 414M | 402M | 423M | 411M | 412M | 359M | 331M | 326M | 326M | 318M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 1.13B | 846M | 910M | 759M | 1.02B | 716M | 764M | 732M | 885M | 724M | 773M | 640M | 828M | 667M | 668M | 540M | 732M | 589M | 705M | 568M |
| EBITDA Margin % | 40.68% | 37.2% | 40.64% | 37.48% | 40.73% | 32.38% | 36.98% | 38.92% | 38.41% | 35.65% | 37.84% | 35.11% | 34.29% | 29.13% | 31.3% | 31.84% | 41.08% | 39.66% | 46.63% | 44.1% |
| EBITDA Growth % | 10.69% | 18.16% | 19.11% | 3.69% | 15.25% | -1.1% | -1.16% | 14.37% | 6.88% | 8.55% | 15.72% | 18.52% | 13.11% | 13.24% | -5.25% | -4.93% | 5.63% | -44.28% | -0.98% | -7.64% |
| Depreciation & Amortization | 391M | 368M | 341M | 353M | 342M | 339M | 336M | 342M | 340M | 334M | 336M | 335M | 330M | 331M | 327M | 297M | 278M | 281M | 274M | 298M |
| D&A / Revenue % | 14.09% | 16.18% | 15.23% | 17.43% | 13.66% | 15.33% | 16.26% | 18.18% | 14.76% | 16.45% | 16.45% | 18.38% | 13.66% | 14.45% | 15.32% | 17.51% | 15.6% | 18.92% | 18.12% | 23.14% |
| Operating Income (EBIT) | 738M | 478M | 569M | 406M | 678M | 377M | 428M | 390M | 545M | 390M | 437M | 305M | 498M | 336M | 341M | 243M | 454M | 308M | 431M | 270M |
| Operating Margin % | 26.59% | 21.02% | 25.41% | 20.05% | 27.08% | 17.05% | 20.72% | 20.73% | 23.65% | 19.2% | 21.39% | 16.73% | 20.62% | 14.67% | 15.98% | 14.33% | 25.48% | 20.74% | 28.51% | 20.96% |
| Operating Income Growth % | 8.85% | 26.79% | 32.94% | 4.1% | 24.4% | -3.33% | -2.06% | 27.87% | 9.44% | 16.07% | 28.15% | 25.51% | 9.69% | 9.09% | -20.88% | -10% | 9.4% | -56.25% | -1.37% | -22.19% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 3.31x | 2.57x | 2.90x | 2.16x | 3.72x | 2.14x | 2.45x | 2.32x | 3.17x | 1.74x | 2.75x | 1.88x | 3.22x | 2.41x | 2.58x | 2.27x | 4.21x | 2.76x | 2.42x | 0.60x |
| Interest / Revenue % | 0.04% | 0.04% | 0.04% | 0.05% | 0.04% | 0.05% | 0.05% | 0.05% | 0.04% | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.05% | 0.06% | 0.06% | 0.07% | 0.07% | 0.08% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 560M | 328M | 398M | 230M | 516M | 216M | 272M | 240M | 388M | 127M | 288M | 145M | 364M | 202M | 215M | 151M | 347M | 190M | 260M | -191M |
| Pretax Margin % | 20.18% | 14.42% | 17.78% | 11.36% | 20.61% | 9.77% | 13.17% | 12.76% | 16.84% | 6.25% | 14.1% | 7.95% | 15.07% | 8.82% | 10.07% | 8.9% | 19.47% | 12.79% | 17.2% | -14.83% |
| Income Tax | 108M | 62M | 80M | 47M | 102M | 39M | 58M | 50M | 81M | 14M | 58M | 33M | 79M | 54M | 41M | 32M | 74M | 48M | 51M | 345M |
| Effective Tax Rate % | 19.29% | 18.9% | 20.1% | 20.43% | 19.77% | 18.06% | 21.32% | 20.83% | 20.88% | 11.02% | 20.14% | 22.76% | 21.7% | 26.73% | 19.07% | 21.19% | 21.33% | 25.26% | 19.62% | -180.63% |
| Net Income | 452M | 266M | 318M | 183M | 414M | 177M | 214M | 190M | 307M | 113M | 230M | 112M | 285M | 190M | 174M | 119M | 273M | 134M | 207M | 19M |
| Net Margin % | 16.29% | 11.7% | 14.2% | 9.04% | 16.53% | 8.01% | 10.36% | 10.1% | 13.32% | 5.56% | 11.26% | 6.14% | 11.8% | 8.3% | 8.15% | 7.02% | 15.32% | 9.02% | 13.69% | 1.48% |
| Net Income Growth % | 9.18% | 50.28% | 48.6% | -3.68% | 34.85% | 56.64% | -6.96% | 69.64% | 7.72% | -40.53% | 32.18% | -5.88% | 4.4% | 41.79% | -15.94% | 526.32% | 114.84% | -53.79% | -26.33% | -94.48% |
| EPS (Diluted) | 0.60 | 0.36 | 0.43 | 0.25 | 0.56 | 0.24 | 0.29 | 0.26 | 0.42 | 0.15 | 0.31 | 0.15 | 0.39 | 0.26 | 0.24 | 0.16 | 0.37 | 0.18 | 0.27 | 0.03 |
| EPS Growth % | 7.14% | 50% | 48.28% | -3.85% | 33.33% | 60% | -6.45% | 73.33% | 7.69% | -42.31% | 29.17% | -6.25% | 5.41% | 44.44% | -11.11% | 433.33% | 115.48% | -52.63% | -27.03% | -93.33% |
| EPS (Basic) | 0.60 | 0.36 | 0.43 | 0.25 | 0.56 | 0.24 | 0.29 | 0.26 | 0.42 | 0.15 | 0.31 | 0.15 | 0.39 | 0.26 | 0.24 | 0.16 | 0.37 | 0.18 | 0.27 | 0.03 |
| Diluted Shares Outstanding | 757.16M | 745.14M | 744.29M | 742.54M | 741.4M | 741.06M | 739.97M | 739.56M | 738.82M | 738.6M | 738.18M | 738.18M | 737.7M | 737.57M | 737.07M | 736.77M | 736.18M | 747.7M | 769.85M | 769.47M |