Here are the 10-K annual reports from PPL Corporation (PPL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PPL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PPL filings page.
PPL Corporation filed its annual report describing a fully regulated utility business focused on Pennsylvania, Kentucky and Rhode Island. Through subsidiaries PPL Electric, LG&E, KU and RIE, it delivers electricity and natural gas to about 3.7 million customer accounts across roughly 19,200 square miles.
In 2025, the Kentucky Regulated segment produced $3.8 billion of operating revenues and $674 million of net income, Pennsylvania Regulated generated $3.1 billion of revenues and $639 million of net income, and Rhode Island Regulated delivered $2.2 billion of revenues and $85 million of net income.
The report highlights large regulated asset bases ($13.6 billion in Kentucky, $11.1 billion in Pennsylvania and $4.3 billion in Rhode Island) and ongoing investments in new natural gas combined-cycle generation, solar, battery storage and demand-side management, alongside a long‑term goal of net‑zero carbon emissions by 2050.