PPL Corp

Company facts

Industry

Electric Services

Headquarters

Allentown, Pennsylvania

Most recent report

10-Q, filed Nov 6, 2026

Incorporated

N/A

Filings on record

1,007+ filings

On EDGAR

CIK 922224

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Sep 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 0 positive, 20 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Financial statements and notes with regulatory, financing, and litigation details.
  Notable

  • RIE's rate case approved $44M electric and $94M gas revenue increases, with 9.275% ROE.
  • RIE's hold harmless commitment: $175M in customer bill credits from Oct 2026 to Sep 2027.
  • KPSC approved $233M annual revenue increase for LG&E and KU, effective Jan 1, 2026.
  • LG&E and KU filed for merger approval; targeted effective date Jan 1, 2027.
  • KU filed for $19M annual rate increase in Virginia; hearing scheduled Nov 12, 2026.
  • PPL Electric reached settlement for $275M annual distribution revenue increase, effective Jul 1, 2026.
  • RIE purchased $267M of accounts receivable from alternative suppliers in nine months 2026.
  • PPL Electric purchased $1.4B of accounts receivable from alternative suppliers in nine months 2026.
  • RIE issued $400M of 6.00% Senior Notes due 2056 in May 2026.
  • PPL Electric issued $500M of 5.75% First Mortgage Bonds due 2056 in May 2026.
  • Issued $1.15B in Corporate Units in Feb 2026, with up to 30.9M shares to be issued by Feb 2029.
  • PPL has outstanding forward contracts to sell 27.4M shares at ~$35.90 per share via ATM program.
  • PPL formed joint venture Invitium (51% owned) to build gas generation for data centers in Pennsylvania.
  • RIE's environmental remediation liability was $96M at Sep 2026, expected over 30 years.
  • PPL guarantees up to $140M for indemnifications related to sale of Safari Holdings.
  • LG&E and KU have OVEC debt exposure of $71M at Sep 2026, with uncertain maximum.
  Negative

  • RIE recorded a $27M liability for FERC-ordered refunds due to lower allowed ROE of 9.57%.

• Management's Discussion (Item 2)

  Full MD&A with segment results, rate cases, cash flows, and capital plans. Core financial analysis.
  Notable

  • LG&E and KU merger targeted for Jan 1, 2027, with regulatory approvals from KPSC, VSCC, FERC, and FCC received.
  • PPL formed Invitium Energy JV with Blackstone (51% PPL) to build generation for data centers in Pennsylvania.
  • PPL declared a quarterly dividend of 28.50 cents per share, payable Oct 1, 2026.
  • Moody's revised outlook to negative for PPL, PPL Capital Funding, and RIE in May 2026.

What changed: Sep 2026 vs. Jun 2026

About 7% of PPL's Sep 2026 10-Q is new information. 72 paragraphs were added, 272 changed, and 64 removed. Below are the most important lines SECSift identified.

• Item 2 171
• Item 1 107
• Item 5 2
• Item 4 2
• Item 6 2