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IDACORP (IDA)

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Earnings summaries and quarterly performance for IDACORP.

Recent press releases and 8-K filings for IDA.

IDACORP Reports 2025 Full-Year EPS Growth and Issues Strong 2026 Guidance
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported diluted earnings per share of $5.90 for full-year 2025, marking its 18th consecutive year of EPS growth.
  • The company initiated full-year 2026 diluted EPS guidance in the range of $6.25-$6.45, with the midpoint reflecting an 8% EPS growth rate over 2025 actual results.
  • IDACORP's customer base grew 2.3% in 2025, reaching over 660,000 metered customers, driven by significant residential, commercial, and industrial construction, including projects from Micron and Meta.
  • The 5-year capital expenditure forecast for 2026-2030 averages $1.4 billion per year, totaling approximately $7 billion, with 2026 CapEx estimated between $1.3 billion and $1.5 billion.
  • Cash flows from operations exceeded $600 million for the first time in company history in 2025, and the company is not planning to file a general rate case in Idaho on June 1, 2026.
Feb 19, 2026, 9:30 PM
IDACORP Reports Strong 2025 Results, Provides 2026 Guidance, and Announces Strategic Asset Sale
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP achieved its 18th consecutive year of earnings per share growth in 2025, driven by record energy sales and strong reliability scores.
  • The company reported robust customer growth of 2.3% in 2025, bringing the number of metered customers served to over 660,000, and noted significant progress on large industrial projects including Micron's semiconductor facility and Meta's data center.
  • IDACORP forecasts a substantial increase in capital expenditures, with the 2026-2030 CapEx forecast up 26% compared to the prior 2025-2029 forecast. The rate base is projected to more than double from $5.3 billion in 2025 to over $11 billion by 2030, representing a 16.7% CAGR.
  • For 2026, IDACORP expects diluted earnings per share to be in the range of $6.25-$6.45, with CapEx anticipated between $1.3 billion and $1.5 billion.
  • The company entered into a definitive agreement to sell its Oregon distribution system and some transmission assets for a base purchase price of $154 million, a move expected to provide business simplification and capital to fund growth in Idaho.
Feb 19, 2026, 9:30 PM
IDACORP Reports Q4 and Full-Year 2025 Results, Provides 2026 Guidance
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported diluted earnings per share of $0.78 for Q4 2025 and $5.90 for the full year 2025, marking its 18th consecutive year of EPS growth. The company provided 2026 earnings guidance of $6.25 - $6.45 per diluted share.
  • Idaho Power experienced 2.3% year-over-year customer growth and forecasts 8.3% 5-year retail sales growth based on the 2025 IRP Load Forecast.
  • To support this growth, IDACORP projects Idaho Power Capital Expenditures of $1,300 - $1,500 million for 2026 and anticipates a 16.7% CAGR for Total System Rate Base Growth from 2026-2030.
  • The Boardman-to-Hemingway transmission line broke ground in June 2025 with an expected in-service date in late 2027. The company's financing plan for 2026-2030 includes $4,050 million in net cash from operations and $7,350 million in capital expenditures.
Feb 19, 2026, 9:30 PM
IDACORP Reports Strong 2025 Earnings and Issues Robust 2026 Guidance
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported diluted earnings per share of $5.90 for 2025, marking its 18th consecutive year of EPS growth and exceeding the midpoint of its original guidance by $0.15 per share.
  • The company initiated its full-year 2026 diluted earnings per share guidance in the range of $6.25-$6.45, with the midpoint reflecting an 8% EPS growth rate over 2025 actual results.
  • IDACORP forecasts significant capital expenditures, averaging $1.4 billion per year from 2026 to 2030, totaling approximately $7 billion, which is a 26% increase over the previous 5-year forecast. This investment is expected to drive rate base growth from $5.3 billion in 2025 to over $11 billion by 2030, representing a 16.7% CAGR.
  • Customer growth remains robust, with the customer base increasing by 2.3% in 2025 to over 660,000 metered customers, supported by major projects like Micron's semiconductor facility and Meta's data center.
  • To fund this growth, the company estimates needing $2 billion in equity and $2.9 billion in debt through 2030, with over $600 million in equity already secured for 2026.
Feb 19, 2026, 9:30 PM
IDACORP Announces Fourth Quarter and Year-End 2025 Results, Initiates 2026 Earnings Guidance
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported net income attributable to IDACORP of $43.6 million, or $0.78 per diluted share, for the fourth quarter of 2025, and $323.5 million, or $5.90 per diluted share, for the full year ended December 31, 2025.
  • The company is initiating its full-year 2026 earnings guidance in the range of $6.25 to $6.45 per diluted share.
  • Idaho Power's capital expenditures, excluding AFUDC, are estimated to be between $1,300 million and $1,500 million for 2026, compared to $1,083 million in 2025.
Feb 19, 2026, 1:27 PM
IDACORP Announces Fourth Quarter and Year-End 2025 Results and Initiates 2026 Earnings Guidance
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported net income attributable to IDACORP of $43.6 million ($0.78 per diluted share) for the fourth quarter of 2025, and $323.5 million ($5.90 per diluted share) for the full year ended December 31, 2025.
  • These results represent an increase from the prior year, which saw Q4 2024 net income of $37.9 million ($0.70 per diluted share) and FY 2024 net income of $289.2 million ($5.50 per diluted share).
  • The company's 2025 earnings were at the top-end of its previously increased guidance, benefiting from customer growth, rate changes, lower income tax expense, and the use of tax credits.
  • IDACORP is initiating its full-year 2026 earnings guidance in the range of $6.25 to $6.45 per diluted share.
  • The company plans for substantial capital investment in 2026 as it continues to execute infrastructure development plans focused on affordability and reliability for customers.
Feb 19, 2026, 11:30 AM
IDACORP Reports 2025 Profit and Outlines 2026 Plan
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported full-year 2025 net income of $323.5 million, or $5.90 diluted EPS, and Q4 2025 EPS of $0.78, which beat consensus estimates.
  • The company provided 2026 earnings guidance of $6.25 to $6.45 per diluted share.
  • While Q4 EPS beat, full-year 2025 revenue slightly declined to $1.813 billion, and Q4 revenue missed expectations, leading to analyst concerns about weak cash flow and negative revenue trends.
  • Management noted 2026 will require substantial capital investment for regional growth, including breaking ground on the Boardman-to-Hemingway transmission line.
Feb 18, 2026, 3:45 PM
IDACORP Reports Q3 2025 Earnings, Raises Full-Year Guidance, and Updates on Projects
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported diluted earnings per share of $2.26 for the third quarter of 2025, compared to $2.12 for the same period last year. For the first three quarters of 2025, diluted earnings per share were $5.13.
  • The company raised its full-year 2025 diluted earnings per share guidance for the second time this year to a range of $5.80 to $5.90 per diluted share ,. This guidance assumes Idaho Power will use between $50 million and $60 million of additional tax credit amortization for the full year, a reduction from the prior estimate ,.
  • Customer growth increased 2.3% since last year's third quarter, including 2.5% for residential customers.
  • A settlement was reached in the Idaho general rate case, designed to increase annual revenues by $110 million, or 7.48%, effective January 1, 2026, with a 9.6% ROE and a $4.9 billion Idaho jurisdictional rate base.
  • The 600 MW Jackalope Wind Project agreements were terminated due to policy changes, and the company is now identifying alternative power supply solutions, including a planned 167 MW expansion of the Bennett Mountain gas-fired power plant expected online in 2028 ,.
Oct 30, 2025, 8:30 PM
IDACORP reports Q3 2025 results, raises 2025 EPS guidance, and settles Idaho General Rate Case
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported diluted earnings per share of $2.26 for Q3 2025, an increase from $2.12 in Q3 2024, and raised its 2025 earnings guidance to $5.80 - $5.90 per diluted share.
  • An Idaho General Rate Case Settlement was reached, requesting rates to become effective January 1, 2026, which includes an increase of $110.0 million (7.48%) in annual Idaho-jurisdictional revenue and provides for a 9.6% Idaho-jurisdiction return on equity.
  • Idaho Power experienced 2.3% year-over-year customer growth, with its 2025 Integrated Resource Plan (IRP) forecasting a 5-year annual growth rate of 8.3% for retail sales.
  • The Boardman-to-Hemingway project broke ground in June 2025, with an in-service date expected in late-2027, and Idaho Power holds approximately a 45% interest.
Oct 30, 2025, 8:30 PM
IDA Reports Strong Q3 2025 Results and Raises Full-Year Guidance
IDA
Earnings
Guidance Update
New Projects/Investments
  • IDACORP reported diluted earnings per share of $2.26 for the third quarter of 2025, compared to $2.12 in the prior year's third quarter, and $5.13 for the first three quarters of 2025.
  • The company raised its full-year 2025 diluted earnings per share guidance for the second time this year to a range of $5.80 to $5.90 per diluted share.
  • Idaho Power reached a settlement in its general rate case, which is designed to increase annual revenues by $110 million, or 7.48%, effective January 1, and includes a 9.6% ROE.
  • The Jackalope Wind Project agreements were terminated due to policy changes, prompting the company to identify new power supply solutions, including a planned 167-megawatt expansion of the Bennett Mountain gas-fired power plant expected to be online in 2028.
  • Customer growth has been robust, with a 2.3% increase since last year's third quarter, driven by significant industrial engagement from projects like Micron's fab expansion and Perpetua Resources.
Oct 30, 2025, 8:30 PM