TransAlta (TAC) Financial Statements & Analysis

TransAlta (TAC) Income Statement

TransAlta reported revenue of CAD 2.40B in fiscal 2025 (fiscal year ended Dec 31, 2025), down 15.5% from CAD 2.85B a year earlier. TransAlta posted a net loss of CAD 190.00M, compared with net income of CAD 177.00M a year earlier. Gross margin was 59.0% and operating margin 5.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CAD 487.00M, up 12.5% from the same quarter a year earlier.

TransAlta Income Statement Analysis

Values in billions CAD

Income Statement Balance Sheet Cash Flow Ratios

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TransAlta Corporation income statement - Annual data in billions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	2.41	2.85	3.36	2.98	2.72	2.10	2.35	2.25	2.31
Cost of Revenue	0.99	1.05	1.71	1.86	1.23	1.44	1.56	1.62	1.53
Gross Profit	1.42	1.79	1.64	1.11	1.49	0.66	0.79	0.63	0.77
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.32	0.30	0.00	0.00	0.23	0.00	0.00	0.00	0.00
Operating Expenses	1.35	1.21	0.56	0.58	1.11	0.76	0.45	0.47	0.64
Operating Income	0.14	0.59	1.09	0.53	0.38	-0.10	0.34	0.16	0.14
Other Income/Expense
Interest Income	0.06	0.05	0.05	0.02	0.04	0.01	0.01	0.01	0.01
Interest Expense	0.27	0.25	0.21	0.24	0.21	0.21	0.16	0.21	0.22
Other Income/Expense	-0.28	-0.27	-0.21	-0.18	-0.57	-0.20	-0.14	-0.26	-0.19
Income
Income Before Tax	-0.14	0.32	0.88	0.35	-0.38	-0.30	0.19	-0.10	-0.05
Income Tax Expense	0.02	0.08	0.08	0.19	0.05	-0.05	0.02	-0.01	0.06
Net Income	-0.19	0.18	0.70	0.05	-0.54	-0.29	0.08	-0.20	-0.16
Net Income - Continuous Operations	-0.16	0.24	0.70	0.05	-0.43	-0.29	0.08	-0.20	-0.16
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	0.82	1.20	1.71	1.24	0.55	0.81	0.80	0.80	0.88
EBIT	0.22	0.65	1.07	0.59	-0.17	-0.02	-	-	-
Depreciation & Amortization	0.58	0.55	0.64	0.65	0.53	0.83	0.73	0.73	0.73
Earnings Per Share
Basic EPS	-1.00	1.00	2.00	-	-2.00	-1.00	-	-1.00	-1.00
Diluted EPS	-1.00	1.00	2.00	-	-2.00	-1.00	-	-1.00	-1.00
Basic Shares Outstanding	0.30	0.30	0.28	0.27	0.27	0.28	0.28	0.29	0.29
Diluted Shares Outstanding	0.30	0.30	0.28	0.27	0.27	0.28	0.28	0.29	0.29

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About TransAlta Financial Statements

What was TransAlta's revenue in fiscal 2025?

TransAlta reported revenue of CAD 2.40B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 15.5% from CAD 2.85B a year earlier.

Is TransAlta profitable?

No. TransAlta reported a net loss of CAD 190.00M in fiscal 2025. In fiscal 2024 it earned CAD 177.00M.

What is TransAlta's operating margin?

TransAlta's operating income was CAD 140.00M on revenue of CAD 2.40B in fiscal 2025, an operating margin of 5.8%, compared with 20.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition