v3.26.1
Business Segment Information (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Line Items]  
Segment Reporting [Table Text Block]
The following table provides information about IPALCO’s business segments (in thousands):

Three Months EndedThree Months Ended
 March 31, 2026March 31, 2025
 Utility
Other
TotalUtility
Other
Total
Revenue$521,920 $— $521,920 $477,700 $— $477,700 
Fuel111,455 — 111,455 106,509 — 106,509 
Power purchased34,883 — 34,883 35,530 — 35,530 
Operation and maintenance141,734 67 141,801 142,486 122 142,608 
Depreciation and amortization94,791 — 94,791 85,605 — 85,605 
Taxes other than income taxes11,622 — 11,622 9,072 — 9,072 
Allowance for equity funds used during construction(1,590)— (1,590)(669)— (669)
Interest expense35,877 10,495 46,372 33,543 10,448 43,991 
Other segment items (a)
(227)(168)(395)547 19 566 
Income / (loss) before income tax93,375 (10,394)82,981 65,077 (10,589)54,488 
Income tax expense / (benefit)35,871 (1,649)34,222 36,192 (252)35,940 
Net income / (loss)$57,504 $(8,745)$48,759 $28,885 $(10,337)18,548 
Capital expenditures
$232,525 $— $232,525 $147,116 $— $147,116 
As of March 31, 2026As of December 31, 2025
Utility
Other
TotalUtility
Other
Total
Total assets$8,005,565 $17,207 $8,022,772 $7,748,106 $9,071 $7,757,177