TransAlta Corporation (TAC) 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 | 566.46M | 598.51M | 615M | 433M | 758M | 678M | 638M | 582M | 947M | 624M | 1.02B | 625M | 1.09B | 854M | 929M | 458M | 735M | 610M | 850M | 619M |
| Revenue Growth % | -25.27% | -11.72% | -3.6% | -25.6% | -19.96% | 8.65% | -37.27% | -6.88% | -13.04% | -26.93% | 9.47% | 36.46% | 48.16% | 40% | 9.29% | -26.01% | 14.49% | 12.13% | 65.37% | 41.65% |
| Cost of Revenue | 322.83M | 460.62M | 441M | 99M | 326M | 288M | 254M | 146M | 363M | 305M | 297M | 213M | 357M | 473M | 371M | 240M | 257M | 311M | 375M | 257M |
| Gross Profit | 243.63M | 137.89M | 174M | 334M | 432M | 390M | 384M | 436M | 584M | 319M | 720M | 412M | 732M | 381M | 558M | 218M | 478M | 299M | 475M | 362M |
| Gross Margin % | 43.01% | 23.04% | 28.29% | 77.14% | 56.99% | 57.52% | 60.19% | 74.91% | 61.67% | 51.12% | 70.8% | 65.92% | 67.22% | 44.61% | 60.06% | 47.6% | 65.03% | 49.02% | 55.88% | 58.48% |
| Gross Profit Growth % | -43.6% | -64.64% | -54.69% | -23.39% | -26.03% | 22.26% | -46.67% | 5.83% | -20.22% | -16.27% | 29.03% | 88.99% | 53.14% | 27.42% | 17.47% | -39.78% | 37.75% | 37.79% | 81.3% | 26.57% |
| Operating Expenses | 219.57M | 227.81M | 163M | 336M | 332M | 384M | 293M | 277M | 255M | 298M | 210M | 293M | 293M | 348M | 381M | 197M | 178M | 274M | 884M | 284M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 142.37M | 72.94M | 159M | 148M | 246M | 149M | 224M | 290M | 453M | 153M | 650M | 292M | 615M | 221M | 356M | 136M | 417M | 170M | -212M | 251M |
| EBITDA Margin % | 25.13% | 12.19% | 25.85% | 34.18% | 32.45% | 21.98% | 35.11% | 49.83% | 47.84% | 24.52% | 63.91% | 46.72% | 56.47% | 25.88% | 38.32% | 29.69% | 56.73% | 27.87% | -24.94% | 40.55% |
| EBITDA Growth % | -42.13% | -51.05% | -29.02% | -48.97% | -45.7% | -2.61% | -65.54% | -0.68% | -26.34% | -30.77% | 82.58% | 114.71% | 47.48% | 30% | 267.92% | -45.82% | 53.87% | 50.44% | -298.13% | 48.52% |
| Depreciation & Amortization | 118.3M | 162.87M | 148M | 150M | 146M | 143M | 133M | 131M | 124M | 132M | 140M | 173M | 176M | 188M | 179M | 115M | 117M | 145M | 197M | 173M |
| D&A / Revenue % | 20.88% | 27.21% | 24.07% | 34.64% | 19.26% | 21.09% | 20.85% | 22.51% | 13.09% | 21.15% | 13.77% | 27.68% | 16.16% | 22.01% | 19.27% | 25.11% | 15.92% | 23.77% | 23.18% | 27.95% |
| Operating Income (EBIT) | 24.06M | -89.93M | 11M | -2M | 100M | 6M | 91M | 159M | 329M | 21M | 510M | 119M | 439M | 33M | 177M | 21M | 300M | 25M | -409M | 78M |
| Operating Margin % | 4.25% | -15.03% | 1.79% | -0.46% | 13.19% | 0.88% | 14.26% | 27.32% | 34.74% | 3.37% | 50.15% | 19.04% | 40.31% | 3.86% | 19.05% | 4.59% | 40.82% | 4.1% | -48.12% | 12.6% |
| Operating Income Growth % | -75.94% | -1598.78% | -87.91% | -101.26% | -69.6% | -71.43% | -82.16% | 33.61% | -25.06% | -36.36% | 188.14% | 466.67% | 46.33% | 32% | 143.28% | -73.08% | 347.76% | 121.19% | -364.77% | 510.53% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.35x | -1.36x | 0.37x | -0.40x | 1.71x | 0.25x | 1.14x | 2.42x | 7.56x | 0.39x | 11.65x | 3.06x | 9.67x | 1.27x | 4.27x | 0.70x | 6.09x | 0.52x | -8.81x | 2.76x |
| Interest / Revenue % | 0.18% | 0.17% | 0.16% | 0.23% | 0.13% | 0.15% | 0.16% | 0.17% | 0.11% | 0.16% | 0.1% | 0.16% | 0.09% | 0.12% | 0.11% | 0.22% | 0.14% | 0.16% | 0.12% | 0.16% |
| 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 | 23.06M | -41.97M | -53M | -95M | 49M | -51M | 9M | 94M | 267M | -35M | 453M | 79M | 383M | 7M | 126M | -22M | 242M | -32M | -441M | 72M |
| Pretax Margin % | 4.07% | -7.01% | -8.62% | -21.94% | 6.46% | -7.52% | 1.41% | 16.15% | 28.19% | -5.61% | 44.54% | 12.64% | 35.17% | 0.82% | 13.56% | -4.8% | 32.93% | -5.25% | -51.88% | 11.63% |
| Income Tax | 6.02M | -2M | 1M | 11M | 7M | -8M | 31M | 28M | 29M | 19M | 34M | -18M | 49M | 89M | 30M | 37M | 36M | 3M | -22M | 44M |
| Effective Tax Rate % | 26.09% | 4.76% | -1.89% | -11.58% | 14.29% | 15.69% | 344.44% | 29.79% | 10.86% | -54.29% | 7.51% | -22.78% | 12.79% | 1271.43% | 23.81% | -168.18% | 14.88% | -9.38% | 4.99% | 61.11% |
| Net Income | 13.03M | -35.97M | -49M | -99M | 46M | -39M | -23M | 69M | 222M | -59M | 386M | 74M | 294M | -138M | 72M | -70M | 186M | -59M | -446M | -2M |
| Net Margin % | 2.3% | -6.01% | -7.97% | -22.86% | 6.07% | -5.75% | -3.61% | 11.86% | 23.44% | -9.46% | 37.95% | 11.84% | 27% | -16.16% | 7.75% | -15.28% | 25.31% | -9.67% | -52.47% | -0.32% |
| Net Income Growth % | -71.67% | 7.77% | -113.04% | -243.48% | -79.28% | 33.9% | -105.96% | -6.76% | -24.49% | 57.25% | 436.11% | 205.71% | 58.06% | -133.9% | 116.14% | -3400% | 720% | 60.14% | -253.97% | 96% |
| EPS (Diluted) | 0.04 | -0.21 | -0.20 | -0.38 | 0.15 | -0.22 | -0.12 | 0.18 | 0.72 | -0.19 | 1.41 | 0.23 | 1.10 | -0.31 | 0.35 | -0.22 | 0.69 | -0.22 | -1.65 | -0.01 |
| EPS Growth % | -70.73% | 4.55% | -66.67% | -311.11% | -79.17% | -15.79% | -108.51% | -21.74% | -34.55% | 38.71% | 302.86% | 204.55% | 59.42% | -40.91% | 121.21% | - | 727.27% | 60% | -258.7% | 95.89% |
| EPS (Basic) | 0.04 | -0.21 | -0.21 | -0.38 | 0.15 | -0.22 | -0.12 | 0.18 | 0.72 | -0.19 | 1.41 | 0.23 | 1.10 | -0.31 | 0.35 | -0.22 | 0.69 | -0.22 | -1.65 | -0.01 |
| Diluted Shares Outstanding | 297M | 297M | 310M | 298M | 298M | 296M | 296M | 303M | 308M | 308M | 263M | 264M | 268M | 268.1M | 271M | 271M | 271M | 271M | 271M | 270M |