# Transalta (TAC) — Earnings

TAC · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/tac/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.13 |
| EPS estimate | $0.11 |
| EPS surprise | +13.53% |
| Revenue surprise | −9.67% |
| Revenue | $342.8M |
| Revenue estimate | $379.5M |
| Reported | Jul 31, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1144800/000114480026000041/a20260630tac6knewsrelease.htm) |

TransAlta reported Q2 2026 results on July 31, 2026. Earnings per share of $0.13 beat the $0.11 estimate by 13.53%. Revenue of $342.8 million fell 9.67% short of the $379.5 million consensus. EPS matched the $0.13 of Q2 2025, while revenue was about 24% lower than the $450.2 million of a year earlier and the lowest in the table.

Nine of the 20 quarters in the table were losses, including Q3 and Q4 of both 2024 and 2025, and the deepest was −$1.32 per share in Q3 2021. Annual EPS was $0.04 in 2022, $1.82 in 2023, $0.42 in 2024 and $0.18 in 2025. The best quarter was Q3 2023, at $1.04. Revenue has ranged from $342.8 million to $805.2 million a quarter, and it has declined in each of the last five quarters. TransAlta beat the EPS estimate in 10 of the last 20 quarters and missed in the other 10.

TransAlta reported Q3 results between November 5 and November 9 in each of the past five years. That points to early November 2026 for the next report, which will show whether Q3 returns to a profit after losses in 2024 and 2025.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 31, 2026 | $0.11 | $0.13 | 13.53% | $379.5M | $342.8M |
| Q1 2026 | May 6, 2026 | −$0.02 | $0.03 | 274.55% | $436.4M | $406.2M |
| Q4 2025 | Feb 27, 2026 | $0.03 | −$0.04 | -233.64% | $493.4M | $436.2M |
| Q3 2025 | Nov 6, 2025 | $0.04 | −$0.01 | -138.71% | $558.8M | $441.6M |
| Q2 2025 | Aug 1, 2025 | $0.08 | $0.13 | 66.08% | $473.9M | $450.2M |
| Q1 2025 | May 7, 2025 | $0.08 | $0.10 | 31.73% | $509.3M | $526.7M |
| Q4 2024 | Feb 20, 2025 | $0.05 | −$0.15 | -433.12% | $412.3M | $471.1M |
| Q3 2024 | Nov 5, 2024 | $0.11 | −$0.09 | -182.74% | $394.0M | $471.5M |
| Q2 2024 | Aug 1, 2024 | $0.07 | $0.13 | 99.85% | $448.9M | $524.1M |
| Q1 2024 | May 3, 2024 | $0.11 | $0.53 | 367.87% | $727.7M | $699.1M |
| Q4 2023 | Feb 23, 2024 | $0.10 | −$0.20 | -308.50% | $312.7M | $470.8M |
| Q3 2023 | Nov 7, 2023 | $0.29 | $1.04 | 260.63% | $457.8M | $748.6M |
| Q2 2023 | Aug 4, 2023 | $0.08 | $0.17 | 120.46% | $406.0M | $471.5M |
| Q1 2023 | May 5, 2023 | $0.17 | $0.81 | 366.34% | $467.7M | $805.2M |
| Q4 2022 | Feb 23, 2023 | $0.34 | −$0.45 | -232.63% | $412.1M | $630.0M |
| Q3 2022 | Nov 8, 2022 | $0.23 | $0.17 | -28.94% | $374.5M | $671.3M |
| Q2 2022 | Aug 5, 2022 | $0.09 | −$0.23 | -353.43% | $348.9M | $355.6M |
| Q1 2022 | May 6, 2022 | $0.08 | $0.55 | 628.40% | $428.9M | $587.4M |
| Q4 2021 | Feb 24, 2022 | $0.06 | −$0.15 | -365.34% | $368.5M | $482.3M |
| Q3 2021 | Nov 9, 2021 | $0.11 | −$1.32 | -1332.96% | $415.0M | $670.0M |

## Frequently Asked Questions

### When did Transalta (TAC) last report earnings?

Transalta last reported on Jul 31, 2026, covering fiscal Q2 2026.

### Did TAC beat earnings estimates?

Yes. Transalta reported EPS of $0.13 for Q2 2026 against a $0.11 estimate — a 13.53% beat.

### How much revenue did TAC report last quarter?

Transalta reported $342.8M in revenue for Q2 2026, against a consensus estimate of $379.5M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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