IDACORP Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,810	1,823	1,763	1,641	1,455
Other Revenue	3.39	3.67	3.46	2.94	2.67
Revenue	1,813	1,827	1,766	1,644	1,458
Revenue Growth (YoY)	-0.75%	3.41%	7.44%	12.75%	7.95%
Fuel & Purchased Power	670.7	774.04	783.82	673.9	524.4
Operations & Maintenance	469.56	460.95	399.86	399.38	361.3
Selling, General & Admin	0.97	-	-	-	-
Depreciation & Amortization	251.07	223.41	195.34	170.08	175.56
Other Operating Expenses	72.7	48.47	80.38	82.65	82.43
Total Operating Expenses	1,465	1,507	1,459	1,326	1,144
Operating Income	347.99	319.76	306.96	317.98	314.4
Interest Expense	-204.4	-163.65	-136.47	-103.29	-98.69
Interest Income	23.87	22.58	15.27	5.95	1.41
Net Interest Expense	-180.53	-141.07	-121.2	-97.34	-97.28
Income (Loss) on Equity Investments	4.92	4.54	12.43	11.51	11.44
Allowance for Equity Funds for Construction	62.49	53.24	43.22	37.29	31.54
Allowance for Borrowed Funds for Construction	36.21	27.79	20.01	13.91	11.99
Other Non-Operating Income (Expenses)	39.34	40.75	27.77	14.05	10.7
EBT Excluding Unusual Items	310.42	305	289.19	297.4	282.78
Pretax Income	310.42	305	289.19	297.4	282.78
Income Tax Expense	-13.72	15.05	27.3	37.84	36.91
Earnings From Continuing Ops.	324.13	289.95	261.89	259.56	245.87
Minority Interest in Earnings	-0.66	-0.78	-0.7	-0.58	-0.32
Net Income	323.47	289.17	261.2	258.98	245.55
Net Income to Common	323.47	289.17	261.2	258.98	245.55
Net Income Growth	11.86%	10.71%	0.85%	5.47%	3.43%
Shares Outstanding (Basic)	54	53	51	51	51
Shares Outstanding (Diluted)	55	53	51	51	51
Shares Change (YoY)	4.16%	3.56%	0.21%	0.11%	0.14%
EPS (Basic)	5.96	5.50	5.15	5.11	4.85
EPS (Diluted)	5.90	5.50	5.14	5.11	4.85
EPS Growth	7.27%	7.00%	0.59%	5.36%	3.41%
Free Cash Flow	-593.98	-418.68	-346.64	-91.19	48.12
Free Cash Flow Per Share	-10.84	-7.96	-6.82	-1.80	0.95
Dividend Per Share	3.460	3.350	3.200	3.040	2.880
Dividend Growth	3.28%	4.69%	5.26%	5.56%	5.88%
Profit Margin	17.84%	15.83%	14.79%	15.75%	16.84%
Free Cash Flow Margin	-32.76%	-22.92%	-19.63%	-5.55%	3.30%
EBITDA	606.39	547.85	506.87	491.54	493.85
EBITDA Margin	33.45%	29.99%	28.70%	29.90%	33.87%
D&A For EBITDA	258.4	228.09	199.91	173.56	179.44
EBIT	347.99	319.76	306.96	317.98	314.4
EBIT Margin	19.19%	17.51%	17.38%	19.34%	21.56%
Effective Tax Rate	-	4.93%	9.44%	12.72%	13.05%
Revenue as Reported	1,813	1,827	1,766	1,644	1,458

Source: S&P Global Market Intelligence. Utility template. Financial Sources.