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AVISTA (AVA)

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Earnings summaries and quarterly performance for AVISTA.

Recent press releases and 8-K filings for AVA.

Avista Investor Presentation Highlights 2026 Outlook and Strategic Initiatives
AVA
Guidance Update
New Projects/Investments
Dividends
  • Avista initiated 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share and expects long-term utility earnings growth of 4-6% from the midpoint of 2025 consolidated earnings guidance.
  • The company plans a $3.4 billion capital spend from 2026-2030 , including $585 million in capital expenditures for 2026.
  • Avista filed a 2026 Washington General Rate Case proposing an overall rate of return of 7.50% and an ROE of 10.2% for 2027 and 2028 , following new rates effective January 1, 2026, which increased base electric revenue by $68.9 million (11.6%) and base gas revenue by $4.0 million (2.8%).
  • Avista signed a memorandum of understanding to seek 10 percent ownership of the 3,000-megawatt North Plains Connector Transmission Line project, with financial commitments likely in 2032.
  • The annualized dividend per share for 2026 is $1.97.
1 day ago
Avista Reports Q4 and Full-Year 2025 Earnings, Issues 2026 Guidance, and Details Capital Plans
AVA
Earnings
Guidance Update
New Projects/Investments
  • Avista reported 2025 consolidated earnings of $2.38 per diluted share and non-GAAP utility earnings of $2.55 per diluted share. For Q4 2025, consolidated earnings were $0.87 per diluted share and non-GAAP utility earnings were $0.88 per diluted share.
  • The company initiated 2026 non-GAAP utility earnings guidance of $2.52-$2.72 per diluted share, which includes a $0.12 decrease due to a large industrial customer's early departure. Avista expects long-term earnings growth of 4%-6% from the midpoint of its 2025 consolidated earnings guidance.
  • Capital expenditures for Avista Utilities were $553 million in 2025 and are projected to be $585 million in 2026. The 2026-2030 capital plan totals $3.4 billion, with a potential additional $350 million for integrating a new large customer.
  • Avista announced a significant deposit from a data center developer for an initial 125 MW load, potentially ramping to 500 MW by 2030, with approximately 1,700 MW remaining in the queue of potential large load customers. The company also selected new projects from its RFP, including natural gas turbine upgrades, a 100 MW battery energy storage system, and a 200 MW wind power purchase agreement.
  • The board of directors raised the dividend to $1.97 per share, marking the 24th consecutive year of increases, and is targeting a payout range of 60%-70%.
3 days ago
AVA Announces Q4 2025 Results, 2026 Guidance, and Rate Case Filing
AVA
Earnings
Guidance Update
New Projects/Investments
  • AVA reported 2025 GAAP EPS of $2.38 and non-GAAP utility EPS of $2.55 , and initiated 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share.
  • The company plans $585 million in base capital expenditures for 2026 and expects to issue $230 million in long-term debt and $90 million in common stock in the same year.
  • AVA filed a Washington General Rate Case proposing a $111 million (13.9%) increase in electric revenue and a $12 million (4.7%) increase in natural gas revenue for 2027.
3 days ago
Avista Reports Q4 and Full-Year 2025 Results, Issues 2026 Guidance, and Announces Dividend Increase
AVA
Earnings
Guidance Update
Dividends
  • Avista reported 2025 consolidated earnings of $2.38 per diluted share and non-GAAP utility earnings of $2.55 per diluted share, an increase from $2.29 and $2.38 respectively in 2024.
  • The company initiated 2026 non-GAAP utility earnings guidance of $2.52-$2.72 per diluted share and projects long-term earnings growth of 4%-6% from the midpoint of 2025 consolidated earnings guidance.
  • Capital expenditures were $553 million in 2025 and are expected to be $585 million in 2026, with a total of $3.4 billion anticipated from 2026 through 2030.
  • Avista received a significant deposit from a data center developer for an initial 125 MW load, potentially ramping to 500 MW by 2030, and the board increased the dividend to $1.97 per share.
  • For 2026, the company expects to issue approximately $230 million of long-term debt and up to $90 million of common stock, and is considering monetizing non-regulated investments.
3 days ago
Avista Corp. Reports 2025 Financial Results and Initiates 2026 Utility Earnings Guidance
AVA
Earnings
Guidance Update
New Projects/Investments
  • Avista Corp. reported GAAP net income of $193 million, or $2.38 per diluted share, for 2025, an increase from $180 million, or $2.29 per diluted share, in 2024.
  • Non-GAAP utility earnings for 2025 were $207 million, or $2.55 per diluted share, up from $187 million, or $2.38 per diluted share, in 2024.
  • The company initiated 2026 non-GAAP utility earnings guidance in the range of $2.52 to $2.72 per diluted share, reflecting a $0.12 per diluted share decrease due to a large industrial customer's departure.
  • Avista Utilities' capital expenditures were $553 million in 2025 and are projected to be $585 million in 2026; additionally, Avista Corp. had $110 million in available liquidity as of December 31, 2025.
3 days ago
Avista Corp. Reports 2025 Financial Results and Initiates 2026 Utility Earnings Guidance
AVA
Earnings
Guidance Update
New Projects/Investments
  • Avista Corp. reported net income of $193 million or $2.38 per diluted share for 2025, an increase from $180 million or $2.29 per diluted share in 2024. Non-GAAP utility earnings for 2025 were $207 million or $2.55 per diluted share, up from $187 million or $2.38 per diluted share in 2024.
  • The company initiated 2026 non-GAAP utility earnings guidance in the range of $2.52 to $2.72 per diluted share. This guidance reflects a decrease of $0.12 per diluted share due to a large industrial customer's intent to procure power independently sooner than expected.
  • Avista Utilities' capital expenditures were $553 million in 2025, with $585 million expected for 2026. AEL&P's capital expenditures were $17 million in 2025 and are also expected to be $17 million in 2026.
  • In 2025, Avista Corp. issued $120 million of long-term debt and $78 million of common stock. For 2026, the company expects to issue approximately $230 million of long-term debt and up to $90 million of common stock.
4 days ago
Avista Selects Projects for New Energy and Capacity Resources
AVA
New Projects/Investments
  • Avista has selected projects through its Request for Proposal (RFP) process to address long-term reliability and customer needs, as identified in its 2025 Electric Integrated Resource Plan filed on December 31, 2024.
  • The selected projects include a self-build upgrade adding 14 MW to existing Natural Gas Combustion Turbines by 2029, a 100 MW, 4-hour Battery Energy Storage System targeting 2028, and a Power Purchase Agreement for approximately 200 MW of wind power by 2029.
  • Additionally, Avista will add approximately 40 MW of Demand Response Programs starting in 2026 to recruit residential, commercial, and industrial customers.
  • These projects are intended to meet reliability and resource adequacy goals, serving growing energy demand with a diverse mix of solutions including clean energy and capacity-enhancing technologies.
Jan 26, 2026, 9:05 PM
Avista Corporation Reports Q3 2025 Earnings and Affirms Full-Year Guidance
AVA
Earnings
Guidance Update
New Projects/Investments
  • Avista Corporation reported Q3 2025 consolidated earnings of $0.36 per diluted share, an increase from $0.23 in Q3 2024, with year-to-date consolidated earnings reaching $1.51 per diluted share. Avista Utilities' year-to-date results were $1.63 per diluted share, reflecting a nearly 15% increase over 2024.
  • The company affirmed its 2025 consolidated earnings guidance of $2.52-$2.72 per diluted share, expecting to be at the lower end due to investment portfolio losses, while Avista Utilities is projected to be at the upper end of its $2.43-$2.61 per diluted share guidance. Long-term earnings are expected to grow 4%-6% from the midpoint of 2025 guidance.
  • Capital expenditures at Avista Utilities totaled $363 million year-to-date Q3 2025, with $525 million anticipated for the full year 2025. From 2025 through 2030, total capital expenditures are projected to be $3.7 billion, representing a 6% annual growth rate. Additionally, there is potential for up to $500 million in incremental capital from 2026-2029 related to the Request for Proposals (RFP) and large load customers.
  • Avista implemented approved settlements for its Oregon and Idaho general rate cases in Q3 2025 and plans to file its next Washington general rate case in Q1 2026. The company is also progressing with its all-source RFP for up to 425 megawatts of new capacity, having shortlisted bidders and focusing on leveraging federal tax credits.
Nov 5, 2025, 3:30 PM
Avista Reports Q3 2025 Earnings and Affirms Full-Year Guidance
AVA
Earnings
Guidance Update
New Projects/Investments
  • Avista reported Q3 2025 total earnings per diluted share of $0.36, an increase from $0.23 in Q3 2024, primarily driven by strong performance from Avista Utilities.
  • Year-to-date 2025 total earnings per diluted share were $1.51, up from $1.44 in the same period of 2024.
  • The company affirmed its 2025 consolidated earnings guidance range of $2.52 to $2.72 per diluted share, with Avista Utilities expected to contribute towards the upper end of its segment guidance, while consolidated results are anticipated at the low end due to $0.16 per diluted share in losses from other businesses in the first three quarters.
  • New rates became effective in Idaho and Oregon on September 1, 2025, and will be effective in Washington on January 1, 2025, leading to base revenue increases across electric and gas services.
  • Avista expects to issue up to $80 million of equity in 2026.
Nov 5, 2025, 3:30 PM
Avista Corporation Reports Q3 2025 Earnings and Affirms Full-Year Guidance
AVA
Earnings
Guidance Update
New Projects/Investments
  • Avista Corporation reported Q3 2025 consolidated earnings of $0.36 per diluted share and year-to-date 2025 consolidated earnings of $1.51 per diluted share.
  • The company affirmed its 2025 consolidated earnings guidance in the range of $2.52-$2.72 per diluted share, expecting to be at the lower end due to valuation losses in other businesses. Avista Utilities is expected to contribute at the upper end of its $2.43-$2.61 per diluted share guidance range.
  • Avista Utilities' capital expenditures were $363 million year-to-date in 2025, with an expectation of $525 million for the full year 2025. The company projects $3.7 billion in capital expenditures from 2025 through 2030, representing a 6% annual growth rate.
  • The company is evaluating a 2, 3, or 4-year plan for its next Washington general rate case filing in Q1 2026. It also noted potential capital opportunities of up to $500 million from 2026-2029 related to its Request for Proposals (RFP) and a potential large load customer.
Nov 5, 2025, 3:30 PM