v3.26.3
Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Operating Revenues:        
Electric utility revenues $ 607,037 $ 523,549 $ 1,478,472 $ 1,405,173
Other 999 868 2,774 2,581
Total operating revenues 608,036 524,417 1,481,246 1,407,754
Operating Expenses:        
Purchased power 140,519 121,276 296,056 284,163
Fuel expense 74,190 74,992 166,242 179,238
Power cost adjustment (12,402) (18,295) (12,802) 57,967
Other operations and maintenance 142,941 120,398 402,735 355,371
Energy efficiency programs 8,011 7,460 20,293 18,808
Depreciation and amortization 71,928 64,493 203,790 185,407
Other operating expenses, net 3,871 8,112 12,333 24,053
Total electric utility operating expenses 429,058 378,436 1,088,647 1,105,007
Other 250 1,160 2,157 2,424
Total operating expenses 429,308 379,596 1,090,804 1,107,431
Operating Income 178,728 144,821 390,442 300,323
Non-operating (Income) Expense:        
Allowance for equity funds used during construction (18,645) (15,569) (56,705) (45,177)
Earnings of unconsolidated equity-method investments (2,279) (2,185) (4,268) (4,208)
Interest on long-term debt and finance leases 51,681 46,244 149,836 128,733
Other interest 7,863 7,847 23,023 21,696
Allowance for borrowed funds used during construction (10,074) (9,207) (31,825) (26,075)
Other income, net (13,257) (14,604) (38,626) (43,582)
Total non-operating expense, net 15,289 12,526 41,435 31,387
Income Before Income Taxes 163,439 132,295 349,007 268,936
Income Tax Expense (Benefit) 3,007 7,686 17,648 (11,460)
Net Income 160,432 124,609 331,359 280,396
Income attributable to noncontrolling interests (219) (172) (588) (531)
Net Income Attributable to IDACORP, Inc. $ 160,213 $ 124,437 $ 330,771 $ 279,865
Weighted-average common shares outstanding - basic (in shares) 57,732 54,172 56,189 54,147
Weighted-average common shares outstanding - diluted (in shares) 58,656 55,055 57,402 54,522
Earnings Per Share of Common Stock:        
Earnings attributable to IDACORP, Inc. - basic (in dollars per share) $ 2.78 $ 2.30 $ 5.89 $ 5.17
Earnings attributable to IDACORP, Inc. - diluted (in dollars per share) $ 2.73 $ 2.26 $ 5.76 $ 5.13