v3.26.3
Revenue (Notes)
 9 Months Ended
Sep. 30, 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]
12. 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 September 30,Nine Months Ended September 30,
2026202520262025
Revenue from contracts with customers$574,951 $522,250 $1,521,193 $1,425,496 


The following table presents our revenue from contracts with customers and other revenue (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Retail Revenue
     Retail revenue from contracts with customers:
          Residential$236,243 $205,875 $628,053 $588,858 
          Small commercial and industrial89,474 74,727 235,317 212,196 
          Large commercial and industrial211,290 192,802 546,966 513,783 
          Public lighting2,762 2,644 8,294 7,935 
          Other (1)
2,971 3,020 9,189 8,932 
                    Total retail revenue from contracts with customers542,740 479,068 1,427,819 1,331,704 
     Alternative revenue programs4,095 6,319 19,552 17,672 
Wholesale Revenue
     Wholesale revenue from contracts with customers:27,882 41,039 82,851 86,554 
Miscellaneous Revenue
          Capacity revenue2,552 355 4,259 1,200 
          Transmission and other revenue1,777 1,788 6,264 6,038 
               Total miscellaneous revenue from contracts with customers4,329 2,143 10,523 7,238 
     Other miscellaneous revenue (2)
3,082 775 5,193 2,560 
Total Revenue$582,128 $529,344 $1,545,938 $1,445,728 
(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):

September 30, 2026December 31, 2025
Receivables from contracts with customers
$290,016 $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.