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AVISTA (AVA)

Earnings summaries and quarterly performance for AVISTA.

Recent press releases and 8-K filings for AVA.

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
Avista Corporation Reports Q3 2025 Earnings and Affirms 2025 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 earnings of $1.51 per diluted share, an increase from $0.23 and $1.44 respectively in the prior year periods. Avista Utilities' year-to-date results rose nearly 15% to $1.63 per diluted share.
  • The company affirmed its 2025 consolidated earnings guidance at $2.52-$2.72 per diluted share, anticipating results at the lower end due to first-half valuation losses in other businesses, while Avista Utilities is expected to contribute towards the upper end of its $2.43-$2.61 per diluted share range.
  • Avista expects capital expenditures of $525 million in 2025 and $3.7 billion from 2025 through 2030, reflecting an annual growth rate of 6%. An additional up to $500 million in potential capital is identified from 2026-2029 for RFP projects and large load customers.
  • The company issued $120 million of long-term debt in July 2025 and plans to issue up to $80 million of common stock in 2025, with similar debt and equity issuances projected for 2026.
Nov 5, 2025, 3:30 PM
Avista Corp. Reports Strong Q3 2025 Financial Results and Confirms 2025 Earnings Guidance
AVA
Earnings
Guidance Update
New Projects/Investments
  • Avista Corp. reported strong third quarter 2025 financial results, with net income rising to $0.36 per diluted share in Q3 2025, up from $0.23 per diluted share in Q3 2024.
  • Year-to-date net income increased to $1.51 per diluted share in 2025, compared to $1.44 per diluted share for the same period last year. These results were driven by general rate cases, disciplined cost management, operational execution, constructive regulatory outcomes, and customer load growth.
  • The company is affirming its 2025 consolidated earnings guidance in the range of $2.52 to $2.72 per diluted share, with consolidated results anticipated to be near the lower end of the range. Avista Utilities is expected to deliver earnings at the upper end of its range.
  • Avista Utilities' capital expenditures were $363 million in the first three quarters of 2025, with expected base annual capital expenditures of $525 million for 2025 and $3.7 billion through 2030.
Nov 5, 2025, 12:05 PM
Avista Corp. Reports Strong Q3 2025 Financial Results and Affirms 2025 Earnings Guidance
AVA
Earnings
Guidance Update
Debt Issuance
  • Avista Corp. reported net income of $0.36 per diluted share for Q3 2025, an increase from $0.23 per diluted share in Q3 2024.
  • Year-to-date net income reached $1.51 per diluted share in 2025, up from $1.44 per diluted share in the prior year period.
  • The company affirmed its 2025 consolidated earnings guidance of $2.52 to $2.72 per diluted share, anticipating results at the low end of this range due to losses from other businesses.
  • Avista Utilities is projected to contribute towards the upper end of its segment guidance of $2.43 to $2.61 per diluted share for 2025.
  • As of September 30, 2025, Avista Corp. had $210 million in available liquidity under its committed line of credit.
Nov 5, 2025, 2:47 AM
Avista Files 2025 Clean Energy Implementation Plan
AVA
New Projects/Investments
  • Avista Utilities filed its 2025 Clean Energy Implementation Plan (CEIP) with the Washington Utilities and Transportation Commission on October 1, 2025.
  • The plan outlines Avista’s path toward a carbon-neutral electricity supply by 2030 and 100% renewable or non-carbon emitting supply by 2045.
  • Key targets include increasing clean energy delivered to Washington customers from 66% in 2026 to 76.5% by 2029 and launching demand response programs to reduce electricity usage by up to 55 megawatts (MW) during peak times between 2026 and 2029.
  • The CEIP proposal is currently subject to public review and a decision by the Commission.
Oct 7, 2025, 4:00 PM
Avista Healthcare Partners' Portfolio Company XiFin Secures Growth Funding and Appoints New Board Member
AVA
New Projects/Investments
Board Change
  • XiFin, a company in which Avista Healthcare Partners is a majority investor, secured new growth capital investment led by Goldman Sachs External Investing Group and Avista Healthcare Partners.
  • The new funding aims to accelerate the development of the XiFin® Empower platform and follows 19% year-over-year growth for XiFin.
  • Jeffrey H. Margolis, a visionary Health IT innovator, has joined XiFin's Board of Directors.
Sep 3, 2025, 12:00 PM
Avista Files for Annual Rate Adjustments in Washington
AVA
  • On August 29, 2025, Avista filed annual rate adjustment requests with the Washington Utilities and Transportation Commission, proposing an overall decrease in natural gas rates of 8.6% and an overall increase in electric rates of 1.7%.
  • For natural gas, key adjustments include a $17.2 million (6.1%) decrease from the Purchased Gas Cost Adjustment and a $7.6 million (2.7%) decrease related to the Climate Commitment Act.
  • For electric, significant adjustments include a $4.6 million (0.6%) increase from the Residential Exchange Program and a $6.7 million (0.9%) increase for the Low Income Rate Assistance Program.
  • If approved, average residential natural gas customers in Washington would see their monthly bills decrease by $9.13 (9.5%) to $86.84, while average residential electric customers would see their monthly bills increase by $3.27 (2.6%) to $126.69.
Aug 29, 2025, 11:05 PM
Avista receives Idaho rate case approval
AVA
Guidance Update
New Projects/Investments
Legal Proceedings
  • Avista received approval from the Idaho Public Utilities Commission for its electric and natural gas general rate cases settlement.
  • New electric rates will increase annual base revenues by $19.5 million (6.3%) effective September 1, 2025, and by $14.7 million (4.5%) effective September 1, 2026.
  • For natural gas, annual base revenues will increase by $4.6 million (9.2%) effective September 1, 2025, and then reduce by $0.2 million (0.4%) effective September 1, 2026.
  • The approved settlement includes a 9.6% return on equity (ROE) with a 50% common equity ratio and a 7.28% rate of return (ROR) on rate base.
Aug 29, 2025, 8:05 PM