v3.26.1
Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating Revenues:        
Electric utility revenues $ 468,673 $ 449,672 $ 871,435 $ 881,625
Other 1,125 1,208 1,775 1,713
Total operating revenues 469,798 450,880 873,210 883,338
Operating Expenses:        
Purchased power 90,455 88,777 155,536 162,887
Fuel expense 28,323 34,845 92,052 104,246
Power cost adjustment 8,892 28,577 (401) 76,262
Other operations and maintenance 133,668 121,966 259,794 234,973
Energy efficiency programs 6,111 6,115 12,282 11,348
Depreciation and amortization 66,344 61,128 131,863 120,913
Other operating expenses, net 4,334 8,263 8,464 15,943
Total electric utility operating expenses 338,127 349,671 659,590 726,572
Other 1,167 636 1,907 1,264
Total operating expenses 339,294 350,307 661,497 727,836
Operating Income 130,504 100,573 211,713 155,502
Nonoperating (Income) Expense:        
Allowance for equity funds used during construction (18,456) (15,166) (38,060) (29,608)
Earnings of unconsolidated equity-method investments (1,244) (1,306) (1,990) (2,024)
Interest on long-term debt and finance leases 50,382 44,321 98,155 82,489
Other interest 7,809 7,368 15,161 13,849
Allowance for borrowed funds used during construction (10,779) (9,217) (21,751) (16,867)
Other income, net (14,306) (14,872) (25,369) (28,977)
Total nonoperating expense, net 13,406 11,128 26,146 18,862
Income Before Income Taxes 117,098 89,445 185,567 136,640
Income Tax Expense (Benefit) 14,229 (6,681) 14,640 (19,147)
Net Income 102,869 96,126 170,927 155,787
Income attributable to noncontrolling interests (292) (345) (369) (359)
Net Income Attributable to IDACORP, Inc. $ 102,577 $ 95,781 $ 170,558 $ 155,428
Weighted-average common shares outstanding - basic (in shares) 55,782 54,159 55,405 54,135
Weighted-average common shares outstanding - diluted (in shares) 57,229 54,380 56,767 54,249
Earnings Per Share of Common Stock:        
Earnings attributable to IDACORP, Inc. - basic (in dollars per share) $ 1.84 $ 1.77 $ 3.08 $ 2.87
Earnings attributable to IDACORP, Inc. - diluted (in dollars per share) $ 1.79 $ 1.76 $ 3.00 $ 2.87