Inferra AI / Company / IDA
Idacorp Inc.
IDA · Utilities
Last earnings Oct 29, 2026
Key results
Net incomequarter
$160.2 million
(NYSE IDA) reported third quarter 2026 net income attributable to IDACORP of $160.2 million, or $2.73 per diluted share, compared with $124.4 million, or $2.26 per diluted share, in the third quarter of 2025.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
- September 30, 2026 $ 160.2 $ 330.8 Net Income - Third Quarter 2026 IDACORP's net income increased $35.8 million for the third quarter of 2026 compared with the third quarter of 2025, due primarily to higher net income at Idaho Power.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Operating incomequarter
$38.1 million
The net increase in retail revenues per MWh, excluding large contract customers, and net of power cost adjustment mechanisms, increased operating income by $38.1 million in the third quarter of 2026 compared with the third quarter of 2025.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Customer growth, excluding large contract customers, and net of associated power supply costs and power cost adjustment mechanisms, increased operating income by $5.8 million in the third quarter of 2026 compared with the third quarter of 2025, as the number of Idaho Power customers grew by approximately 15,000, or 2.2 percent, during the twelve months ended September 30, 2026.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Revenuequarter
$3.7 million
An increase in the deferral of residential and small commercial customer revenues through the FCA mechanism negatively affected retail revenues by $3.7 million.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Retail revenues from large contract customers, net of associated power supply costs and the PCA mechanism, increased operating income by $11.8 million in the third quarter of 2026 compared with the third quarter of 2025.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Other changes in operating revenues and expenses, net, increased operating income by $10.6 million in the third quarter of 2026 compared with the third quarter of 2025.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Operating incomeytd
$75.7 million
The net increase in retail revenues per MWh, excluding large contract customers, and net of power cost adjustment mechanisms, increased operating income by $75.7 million in the first nine months of 2026 compared with the first nine months of 2025.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
AI analysis
Q3 2026 · reported Oct 29, 2026
Based on: Earnings release + Q3 2026 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $160.2 million | $102.6 million | — |
| Operating income | $38.1 million | $27.5 million | — |
| Revenue | $3.7 million | $2.7 million | — |
Guidance · company-stated
Direction: Raised
“IDACORP is increasing its previously reported full-year 2026 earnings guidance to the range of $6.”
Classified from the release's primary full-year outlook statement.
Capital allocation
(IDACORP) and Idaho Power Company (Idaho Power) may contain) statements that relate to future events and expectations, such as statements regarding projected or future financial performance, power generation, cash flows, capital expenditures, regulatory filings, dividends, capital structure or ratios, load forecasts, strategic goals, challenges, objectives, and plans for future operations.
Higher long-term debt balances increased interest expense, while lower interest-bearing cash investment balances decreased interest income.
Event summary
Announces Third Quarter 2026 Results, Increases Earnings Guidance Range
Based on: Earnings release + Q3 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Raised
Company outlook: “IDACORP is increasing its previously reported full-year 2026 earnings guidance to the range of $6.”
Company outlook — Raised (“Increases”)
“Announces Third Quarter 2026 Results, Increases Earnings Guidance Range BOISE, Idaho--IDACORP, Inc.”
Company outlook — Raised (“increasing”)
“IDACORP is increasing its previously reported full-year 2026 earnings guidance to the range of $6.”
Company outlook — Raised (“increasing”)
“Annual Earnings Guidance and Key Operating and Financial Metrics IDACORP is increasing its earnings guidance estimate for 2026.”
Classified from the release's primary full-year outlook statement.
Capital allocation
(IDACORP) and Idaho Power Company (Idaho Power) may contain) statements that relate to future events and expectations, such as statements regarding projected or future financial performance, power generation, cash flows, capital expenditures, regulatory filings, dividends, capital structure or ratios, load forecasts, strategic goals, challenges, objectives, and plans for future operations.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Higher long-term debt balances increased interest expense, while lower interest-bearing cash investment balances decreased interest income.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
(4) Of the $200 million of debt to be repaid, $116 million was repaid on July 15, 2026.
SEC original ↗Idacorp Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026
(5) Forecast capital expenditures include allowance for borrowed funds used during construction.
SEC original ↗Idacorp Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026
Financing Plan Forecast (1) (2) 2026 2030 FSAs(3) 15 2026 Earnings Per Share Guidance and Estimated Key Operating and Financial Metrics Current(1) Prior(2) IDACORP Earnings Guidance (per diluted share) $ 6.40 $ 6.50 $ 6.30 $ 6.45 Idaho Power additional ADITC amortization (millions) Less than $ 10 Less than $ 15 Idaho Power O&M Expense (millions) $ 535 $ 545 $ 525 $ 535 Idaho Power Capital Expenditures, Excluding Allowance for Funds Used During Construction (millions) No Change $ 1,300 $ 1,500 Idaho Power Hydropower Generation (millions of megawatt-hours) 5.5 6.0 5.5 6.5 (1) As of October 29, 2026.
SEC original ↗Idacorp Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026
WPSC - Wyoming Public Service Commission 4 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to the historical information contained in this report, this report contains (and oral communications made by IDACORP and Idaho Power may contain) statements that relate to future events and expectations, such as statements regarding projected or future financial performance, power generation, cash flows, capital expenditures, regulatory filings, dividends, capital structure or ratios, load forecasts, strategic goals, challenges, objectives, and plans for future operations.
SEC original ↗Idacorp Inc. — 10-Q Quarterly report10-QOct 29, 2026
Strategy & priorities
(IDACORP) and Idaho Power Company (Idaho Power) may contain) statements that relate to future events and expectations, such as statements regarding projected or future financial performance, power generation, cash flows, capital expenditures, regulatory filings, dividends, capital structure or ratios, load forecasts, strategic goals, challenges, objectives, and plans for future operations.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
5-Year Forecasted Annual Growth Rate(1) 20-Year Forecasted Annual Growth Rate(1) Retail Sales (Billed MWh) Annual Peak (Peak Demand MW) Retail Sales (Billed MWh) Annual Peak (Peak Demand MW) Preliminary 2027 IRP 8.9% 5.4% 2.6% 2.0% 7 $0.06 $0.08 $0.10 $0.12 $0.14 $0.16 2021 2022 2023 2024 2025 Idaho Power National Average (1) $0.09 $0.11 $0.13 $0.15 $0.17 $0.19 2021 2022 2023 2024 2025 Idaho Power National Average Focused on Affordability (1) Edison Electric Institute Typical Bills and Average Rates Report 12 Months Ending 12/31/2025.
SEC original ↗Idacorp Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026
Boardman-to-Hemingway 10 Broke ground in June 2025 ~1,200 of 1,300 structure pads completed ~780 of 1,300 structures completed ~100 miles of conductor installed Project expected to be in-service in late 2027 Owned Generation and Storage Project Updates(1) 11 BESS Projects 250 MW Bennett Expansion 167 MW South Hills 222 MW Peregrine 430 MW 20292028 2030 DRAFT RENDERINGDRAFT RENDERING 2026 DRAFT RENDERING (1)The 250 MW BESS projects were placed in-service in June 2026.
SEC original ↗Idacorp Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026
In March 2026, Idaho Power received approval for a CPCN for the Bennett expansion from the IPUC and submitted an application for a CPCN for South Hills and Peregrine.
SEC original ↗Idacorp Inc. — Presentation / slide deck (8-K exhibit)EX-99Oct 29, 2026
WPSC - Wyoming Public Service Commission 4 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to the historical information contained in this report, this report contains (and oral communications made by IDACORP and Idaho Power may contain) statements that relate to future events and expectations, such as statements regarding projected or future financial performance, power generation, cash flows, capital expenditures, regulatory filings, dividends, capital structure or ratios, load forecasts, strategic goals, challenges, objectives, and plans for future operations.
SEC original ↗Idacorp Inc. — 10-Q Quarterly report10-QOct 29, 2026
Risks & headwinds
(IDACORP) and Idaho Power Company (Idaho Power) may contain) statements that relate to future events and expectations, such as statements regarding projected or future financial performance, power generation, cash flows, capital expenditures, regulatory filings, dividends, capital structure or ratios, load forecasts, strategic goals, challenges, objectives, and plans for future operations.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Forward-looking statements are not guarantees of future performance, involve estimates, assumptions, risks, and uncertainties, and may differ materially from actual results, performance, or outcomes.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Legal Proceedings 65 Item 1A.
SEC original ↗Idacorp Inc. — 10-Q Quarterly report10-QOct 29, 2026
Bureau of Land Management North Valmy plant - Idaho Power s jointly-owned gas-fired generating plant in Valmy, Nevada CPCN - Certificate of Public Convenience and Necessity O&M - Operations and Maintenance CWA - Clean Water Act OATT - Open Access Transmission Tariff EIS - Environmental Impact Statement OPUC - Public Utility Commission of Oregon EPA - U.
SEC original ↗Idacorp Inc. — 10-Q Quarterly report10-QOct 29, 2026
WPSC - Wyoming Public Service Commission 4 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS In addition to the historical information contained in this report, this report contains (and oral communications made by IDACORP and Idaho Power may contain) statements that relate to future events and expectations, such as statements regarding projected or future financial performance, power generation, cash flows, capital expenditures, regulatory filings, dividends, capital structure or ratios, load forecasts, strategic goals, challenges, objectives, and plans for future operations.
SEC original ↗Idacorp Inc. — 10-Q Quarterly report10-QOct 29, 2026
Alternative Revenue Programs and Other Revenues While revenues from contracts with customers make up most of Idaho Power s revenues, the IPUC has authorized the use of an additional regulatory mechanism, the FCA mechanism, which may increase or decrease tariff-based retail customer rates.
SEC original ↗Idacorp Inc. — 10-Q Quarterly report10-QOct 29, 2026
What changed vs prior quarter
Guidance direction — prior quarter: Raised; this quarter: Raised
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Net income — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Operating income — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Idacorp Inc. — Earnings release (8-K exhibit)EX-99Oct 29, 2026
Earnings deck slides
0 decks with slide viewIdacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Idacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Idacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Idacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Idacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Idacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Idacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Idacorp Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
34 documents- Q3 2026
- 10-QIDA
Oct 29, 2026
- 8-KIDA
Oct 29, 2026
- Q2 2026
- 8-KIDA
Jul 30, 2026
- 10-QIDA
Jul 30, 2026
- Q1 2026
- 8-KIDA
May 21, 2026
- 8-KIDA
May 15, 2026
- 8-KIDA
Apr 30, 2026
- 10-QIDA
Apr 30, 2026
- Q4 2025
- 8-KIDA
Feb 19, 2026
- 10-KIDA
Feb 19, 2026
- Q3 2025
- 8-KIDA
Dec 31, 2025
- 8-KIDA
Dec 1, 2025
- EX-99IDA
Dec 1, 2025
- 8-KIDA
Oct 30, 2025
- 10-QIDA
Oct 30, 2025
- 8-KIDA
Oct 24, 2025
- Q2 2025
- 8-KIDA
Sep 19, 2025
- 8-KIDA
Jul 31, 2025
- 10-QIDA
Jul 31, 2025
- Q1 2025
- 8-KIDA
May 30, 2025
- 8-KIDA
May 16, 2025
- 8-KIDA
May 12, 2025
- 8-KIDA
May 1, 2025
- 10-QIDA
May 1, 2025
- Q4 2024
- 8-KIDA
Feb 24, 2025
- 8-KIDA
Feb 20, 2025
- 10-KIDA
Feb 20, 2025
- 8-KIDA
Feb 13, 2025
- 8-KIDA
Jan 2, 2025
- Q3 2024
- 10-QIDA
Oct 31, 2024
- 8-KIDA
Oct 31, 2024
- EX-99IDA
Oct 31, 2024
- Q2 2024
- 10-QIDA
Aug 1, 2024
- 8-KIDA
Aug 1, 2024
Earnings releases
12 documentsPresentations
8 documents
Transcripts
0 documentsNo transcripts for Idacorp Inc. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.