Ppl Corporation PPL
Revenue Intelligence Report • 14 quarters of SEC filing data • Updated 2026-03-15
Ppl Corporation has a forecasted full-year revenue of $5.6B, a -28.9% year-over-year change, based on 14 quarters of SEC filing data. The ARDL model has 35.8% MAPE.
Investment Thesis
At 35.8% MAPE, the model captures Ppl Corporation's broad revenue trajectory, though quarterly variability suggests sensitivity to external factors.
Next FY Revenue
$5.57B
-28.9% YoY
SG&A Multiplier
$-16.94 per $1
Model Accuracy
35.8% MAPE
Holdout validation: The model predicted $0.3B vs the actual $1.8B — an error of 85.2%.
⚠ Model limitation:
This company shows negative spending multipliers, meaning increases in spending have not directly translated into revenue growth. This typically occurs with commodity-driven companies or hypergrowth companies.
Note:
Ppl Corporation does not report R&D expenses separately. This analysis uses SG&A spending only.
Investor insight:
Actual revenue ($1.8B) came in 85% above the spending-based forecast ($0.3B). This suggests that Ppl Corporation's recent revenue growth is driven significantly by external demand factors — such as market pricing, product cycle tailwinds, or structural demand shifts — beyond what its R&D and SG&A spending alone would predict.
Revenue Forecast
Quarterly Detail
| Quarter | Model Forecast | Actual | 95% Range | YoY Growth | Status |
|---|---|---|---|---|---|
| Q2 2015 | $0.3B | $1.8B | $-2.1B – $2.6B | -85.7% | ✓ In range |
| Q3 2015 | $2.1B | $-1.2B – $5.4B | +12.7% | ||
| Q4 2015 | $1.2B | $-2.9B – $5.3B | -39.2% | ||
| Q1 2016 | $1.2B | $-3.5B – $5.9B | -46.4% | ||
| Q2 2016 | $1.1B | $-4.2B – $6.3B | -39.7% |
Seasonal Factors
Multiplicative seasonal adjustment:
These factors capture Ppl Corporation's systematic quarterly revenue patterns relative to the trend model.
A factor of 1.05 means that quarter typically runs 5% above the underlying trend; 0.95 means 5% below.
Factors are computed as the median of (actual / fitted) across all available quarters.
| Fiscal Quarter | Seasonal Factor | vs Trend | Interpretation | Obs. |
|---|---|---|---|---|
| FQ1 (Sep–Nov) | 1.0344 | +3.4% | +3.4% above trend | 3 |
| FQ2 (Dec–Feb) | 1.0224 | +2.2% | In line with trend | 3 |
| FQ3 (Mar–May) | 1.2025 | +20.3% | +20.3% above trend | 3 |
| FQ4 (Jun–Aug) | 1.1049 | +10.5% | +10.5% above trend | 3 |
How Spending Drives Revenue
Reading this chart:
Each line shows the cumulative revenue generated per $1 spent over subsequent quarters. The effect builds over 4-5 quarters as investments mature.
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