v3.26.1
Revenue (Notes)
 3 Months Ended
Mar. 31, 2026
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Product and Service, Revenue [Line Items]  
Revenue from Contract with Customer [Text Block] REVENUE
Revenue is primarily earned from retail and wholesale electricity sales and electricity transmission and distribution delivery services. Revenue is recognized upon transfer of control of promised goods or services to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. Revenue is recorded net of any taxes assessed on and collected from customers, which are remitted to the governmental authorities. Please see Note 14, “Revenue” to IPALCO’s 2025 Form 10-K for further discussion of our retail, wholesale and miscellaneous revenue.

AES Indiana’s revenue from contracts with customers was as follows (in thousands):

Three Months Ended March 31,
20262025
Revenue from contracts with customers$513,214 $471,294 
The following table presents our revenue from contracts with customers and other revenue (in thousands):

Three Months Ended March 31,
20262025
Retail Revenue
     Retail revenue from contracts with customers:
          Residential$230,316 $219,419 
          Small commercial and industrial79,773 74,947 
          Large commercial and industrial161,963 138,159 
          Public lighting2,879 17,672 
          Other (1)
3,404 3,811 
                    Total retail revenue from contracts with customers478,335 454,008 
     Alternative revenue programs7,828 5,526 
Wholesale Revenue
     Wholesale revenue from contracts with customers:34,465 15,183 
Miscellaneous Revenue
          Capacity revenue414 264 
          Transmission and other revenue— 1,839 
               Total miscellaneous revenue from contracts with customers414 2,103 
     Other miscellaneous revenue (2)
878 880 
Total Revenue$521,920 $477,700 
(1)Other retail revenue from contracts with customers includes miscellaneous charges to customers, including reconnection and late fee charges.
(2)Other miscellaneous revenue includes lease and other miscellaneous revenue not accounted for under ASC 606.

The balances of receivables from contracts with customers were as follows (in thousands):

March 31, 2026December 31, 2025
Receivables from contracts with customers
$257,738 $280,922 
Payment terms for all receivables from contracts with customers typically do not extend beyond 30 days, unless a customer qualifies for payment extension.