v3.26.1
Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Revenues:    
Electric utility revenues $ 402,762 $ 431,952
Other 650 505
Total operating revenues 403,412 432,457
Operating Expenses:    
Purchased power 65,081 74,109
Fuel expense 63,729 69,401
Power cost adjustment (9,293) 47,685
Other operations and maintenance 126,126 113,007
Energy efficiency programs 6,171 5,232
Depreciation and amortization 65,519 59,785
Other operating expenses, net 4,130 7,682
Total electric utility operating expenses 321,463 376,901
Other 740 627
Total operating expenses 322,203 377,528
Operating Income 81,209 54,929
Nonoperating (Income) Expense:    
Allowance for equity funds used during construction (19,604) (14,441)
Earnings of unconsolidated equity-method investments (746) (717)
Interest on long-term debt and finance leases 47,773 38,168
Other interest 7,352 6,481
Allowance for borrowed funds used during construction (10,972) (7,651)
Other income, net (11,063) (14,106)
Total nonoperating expense, net 12,740 7,734
Income Before Income Taxes 68,469 47,195
Income Tax Expense (Benefit) 411 (12,466)
Net Income 68,058 59,661
Income attributable to noncontrolling interests (77) (14)
Net Income Attributable to IDACORP, Inc. $ 67,981 $ 59,647
Weighted-average common shares outstanding - basic (in shares) 55,023 54,110
Weighted-average common shares outstanding - diluted (in shares) 56,289 54,126
Earnings Per Share of Common Stock:    
Earnings attributable to IDACORP, Inc. - basic (in dollars per share) $ 1.24 $ 1.10
Earnings attributable to IDACORP, Inc. - diluted (in dollars per share) $ 1.21 $ 1.10