| Segment Reporting |
The table below summarizes the segment information for IDACORP’s utility operations and the total of all other segments, and reconciles this information to total enterprise amounts (in thousands of dollars). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Utility Operations | | All Other | | Eliminations | | Consolidated Total | | Three months ended June 30, 2026: | | | | | | | | | | Revenues | | $ | 468,673 | | | $ | 1,125 | | | $ | — | | | $ | 469,798 | | | Depreciation and amortization | | 66,344 | | | — | | | — | | | 66,344 | | | Other income (expense), net | | 25,291 | | | 362 | | | — | | | 25,653 | | | Interest income including carrying charges on regulatory assets | | 7,010 | | | 705 | | | (606) | | | 7,109 | | | Earnings of unconsolidated equity-method investments | | 591 | | | 653 | | | — | | | 1,244 | | | Interest expense | | 47,351 | | | 667 | | | (606) | | | 47,412 | | | Income tax expense (benefit) | | 14,811 | | | (582) | | | — | | | 14,229 | | | Net income attributable to IDACORP, Inc. | | 101,276 | | | 1,301 | | | — | | | 102,577 | | | Expenditures for long-lived assets | | 436,286 | | | 222 | | | — | | | 436,508 | | Total assets as of June 30, 2026 | | 10,788,366 | | | 188,212 | | | (110,414) | | | 10,866,164 | | | Three months ended June 30, 2025: | | | | | | | | | | Revenues | | $ | 449,672 | | | $ | 1,208 | | | $ | — | | | $ | 450,880 | | | Depreciation and amortization | | 61,128 | | | — | | | — | | | 61,128 | | | Other income (expense), net | | 18,438 | | | 113 | | | — | | | 18,551 | | | Interest income including carrying charges on regulatory assets | | 9,533 | | | 2,706 | | | (752) | | | 11,487 | | | Earnings of unconsolidated equity-method investments | | 504 | | | 802 | | | — | | | 1,306 | | | Interest expense | | 42,385 | | | 839 | | | (752) | | | 42,472 | | | Income tax (benefit) expense | | (6,747) | | | 66 | | | — | | | (6,681) | | | Net income attributable to IDACORP, Inc. | | 92,838 | | | 2,943 | | | — | | | 95,781 | | | Expenditures for long-lived assets | | 333,261 | | | 44 | | | — | | | 333,305 | | | Six months ended June 30, 2026: | | | | | | | | | | Revenues | | $ | 871,435 | | | $ | 1,775 | | | $ | — | | | $ | 873,210 | | | Depreciation and amortization | | 131,863 | | | — | | | — | | | 131,863 | | | Other income (expense), net | | 47,473 | | | 177 | | | — | | | 47,650 | | | Interest income including carrying charges on regulatory assets | | 14,385 | | | 2,569 | | | (1,175) | | | 15,779 | | | Earnings of unconsolidated equity-method investments | | 1,422 | | | 568 | | | — | | | 1,990 | | | Interest expense | | 91,427 | | | 1,313 | | | (1,175) | | | 91,565 | | | Income tax expense (benefit) | | 15,764 | | | (1,124) | | | — | | | 14,640 | | | Net income attributable to IDACORP, Inc. | | 167,934 | | | 2,624 | | | — | | | 170,558 | | | Expenditures for long-lived assets | | 807,767 | | | 268 | | | — | | | 808,035 | | | Six months ended June 30, 2025: | | | | | | | | | | Revenues | | $ | 881,625 | | | $ | 1,713 | | | $ | — | | | $ | 883,338 | | | Depreciation and amortization | | 120,913 | | | — | | | — | | | 120,913 | | | Other income (expense), net | | 36,004 | | | (238) | | | — | | | 35,766 | | | Interest income including carrying charges on regulatory assets | | 18,574 | | | 5,759 | | | (1,514) | | | 22,819 | | | Earnings of unconsolidated equity-method investments | | 1,154 | | | 870 | | | — | | | 2,024 | | | Interest expense | | 79,224 | | | 1,761 | | | (1,514) | | | 79,471 | | | Income tax (benefit) expense | | (19,405) | | | 258 | | | — | | | (19,147) | | | Net income attributable to IDACORP, Inc. | | 150,966 | | | 4,462 | | | — | | | 155,428 | | | Expenditures for long-lived assets | | 534,500 | | | 129 | | | — | | | 534,629 | |
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