# PPL Corp: overview

PPL · NYSE · CIK 922224 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ppl.md) · [Financials](/companies/ppl/financials.md) · [Filings](/companies/ppl/filings.md) · [Insiders](/companies/ppl/insiders.md)

Latest reported revenue: [$2.79bn](/filings/0000922224-26-000026.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed May 8, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000922224-26-000026).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,874](/filings/0000922224-25-000034.md) | [2,077](/filings/0000922224-25-000051.md) | [2,190 d](/filings/0000922224-26-000008.md) | [2,545](/filings/0000922224-26-000026.md) | [2,040](/filings/0000922224-25-000034.md) | [2,237](/filings/0000922224-25-000051.md) | [2,347 d](/filings/0000922224-26-000008.md) | [2,785](/filings/0000922224-26-000026.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [20.8%](/filings/0000922224-25-000034.md) | [20.6%](/filings/0000922224-25-000051.md) | [17.2% d](/filings/0000922224-26-000008.md) | [26.6%](/filings/0000922224-26-000026.md) | [19.9%](/filings/0000922224-25-000034.md) | [25.4%](/filings/0000922224-25-000051.md) | [20.3% d](/filings/0000922224-26-000008.md) | [26.8%](/filings/0000922224-26-000026.md) |
| Net margin | % | [10.1%](/filings/0000922224-25-000034.md) | [10.3%](/filings/0000922224-25-000051.md) | [8.1% d](/filings/0000922224-26-000008.md) | [16.3%](/filings/0000922224-26-000026.md) | [9.0%](/filings/0000922224-25-000034.md) | [14.2%](/filings/0000922224-25-000051.md) | [11.3% d](/filings/0000922224-26-000008.md) | [16.2%](/filings/0000922224-26-000026.md) |
| Diluted EPS | $ per share | [0.26](/filings/0000922224-25-000034.md) | [0.29](/filings/0000922224-25-000051.md) | not reported | [0.56](/filings/0000922224-25-000017.md) | [0.25](/filings/0000922224-25-000034.md) | [0.43](/filings/0000922224-25-000051.md) | not reported | not reported |
| Free cash flow | $m | [96.0 d](/filings/0000922224-25-000034.md) | [102 d](/filings/0000922224-25-000051.md) | [(349) d](/filings/0000922224-26-000008.md) | [(280)](/filings/0000922224-26-000026.md) | [(328) d](/filings/0000922224-25-000034.md) | [(179) d](/filings/0000922224-25-000051.md) | [(614) d](/filings/0000922224-26-000008.md) | [(501)](/filings/0000922224-26-000026.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [5,838](/filings/0000922224-24-000008.md) | [7,786](/filings/0000922224-25-000009.md) | [8,290](/filings/0000922224-26-000008.md) | [8,444](/filings/0000922224-26-000008.md) | [9,170](/filings/0000922224-26-000008.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [24.4%](/filings/0000922224-24-000008.md) | [17.6%](/filings/0000922224-25-000009.md) | [19.7%](/filings/0000922224-26-000008.md) | [20.6%](/filings/0000922224-26-000008.md) | [23.2%](/filings/0000922224-26-000008.md) |
| Net margin | % | [(25.4%)](/filings/0000922224-24-000008.md) | [9.7%](/filings/0000922224-25-000009.md) | [8.9%](/filings/0000922224-26-000008.md) | [10.5%](/filings/0000922224-26-000008.md) | [12.9%](/filings/0000922224-26-000008.md) |
| Diluted EPS | $ per share | [(1.93)](/filings/0000922224-24-000008.md) | [1.02](/filings/0000922224-25-000009.md) | [1.00](/filings/0000922224-26-000008.md) | [1.20](/filings/0000922224-26-000008.md) | [1.59](/filings/0000922224-26-000008.md) |
| Free cash flow | $m | [297](/filings/0000922224-24-000008.md) | [(425)](/filings/0000922224-25-000009.md) | [(632)](/filings/0000922224-26-000008.md) | [(465)](/filings/0000922224-26-000008.md) | [(1,401)](/filings/0000922224-26-000008.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ppl/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $2.44bn | 67,100,264 |  | Added +3,875,549 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.74bn | 47,876,837 |  | Added +678,199 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $1.48bn | 40,497,920 |  | Added +1,082,096 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.37bn | 37,684,426 |  | Added +1,072,455 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $1.05bn | 28,821,623 |  | Reduced −98,532 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $776.9m | 21,372,119 |  | Reduced −3,137,182 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $722.0m | 19,940,050 |  | Added +572,722 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $596.1m | 16,397,552 |  | Reduced −566,898 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $591.1m | 16,262,056 |  | Added +3,747,971 |
| [FRANKLIN RESOURCES INC](/funds/38777.md) | 2026-06-30 | $587.9m | 16,174,111 |  | Reduced −27,662,001 |

## Recent filings

[All 2,673 filings](/companies/ppl/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-27 | 20:12 ET | [8-K](/filings/0000922224-26-000048.md) | 8.01 Other events | 0000922224-26-000048 |
| 2026-08-17 | 12:16 ET | [8-K](/filings/0000922224-26-000046.md) | 8.01 Other events | 0000922224-26-000046 |
| 2026-08-07 | 16:13 ET | [10-Q](/filings/0000922224-26-000044.md) | Quarterly report, period 2026-06-30 | 0000922224-26-000044 |
| 2026-08-07 | 11:50 ET | [8-K](/filings/0000922224-26-000042.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000922224-26-000042 |
| 2026-06-30 | 12:50 ET | [8-K](/filings/0000922224-26-000040.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000922224-26-000040 |
| 2026-06-04 | 20:21 ET | [8-K](/filings/0000922224-26-000036.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0000922224-26-000036 |
| 2026-05-18 | 20:37 ET | [8-K](/filings/0000922224-26-000034.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0000922224-26-000034 |
| 2026-05-15 | 20:17 ET | [8-K](/filings/0000922224-26-000032.md) | 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0000922224-26-000032 |
| 2026-05-13 | 20:25 ET | [8-K](/filings/0000922224-26-000030.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0000922224-26-000030 |
| 2026-05-08 | 16:32 ET | [10-Q](/filings/0000922224-26-000026.md) | Quarterly report, period 2026-03-31 | 0000922224-26-000026 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000922224-26-000008.md), filed Feb 20, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 922224
- Tickers: PPL, PPLC
- Exchange: NYSE
- SIC code: 4911 Electric Services
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:28 ET. No prices; not investment advice.