IDACORP Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw EPS rise to $1.21 and net income up $8M year-over-year, driven by strong customer and industrial load growth. Major infrastructure and generation projects are advancing, with 2026 EPS guidance reaffirmed at $6.25-$6.45.
Fiscal Year 2025
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EPS grew for the 18th consecutive year, with 2025 diluted EPS at $5.90 and strong customer and infrastructure growth. 2026 guidance targets $6.25–$6.45 EPS, $7B CapEx over five years, and robust cash flow, while exiting Oregon retail operations.
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Q3 2025 saw higher earnings and raised full-year EPS guidance, driven by customer and revenue growth, despite increased O&M and project shifts. Major capital projects and regulatory settlements support future expansion, with robust load growth expected, especially from manufacturing.
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Q2 2025 saw higher EPS and net income, driven by customer growth, increased usage, and tax credit amortization. Full-year EPS guidance was raised, major infrastructure projects advanced, and a general rate case was filed to support ongoing investment and growth.
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Q1 2025 saw EPS rise to $1.10, driven by customer growth and higher rates, with full-year EPS guidance reaffirmed at $5.65–$5.85. Major capital investments and infrastructure projects are underway to support 8.3% annual retail sales growth, while regulatory and supply chain risks are actively managed.
Fiscal Year 2024
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Reported 17th consecutive year of earnings growth, with 2024 EPS up to $5.50 and strong customer and load growth driven by large commercial and industrial projects. Five-year CapEx is set to double, with a robust outlook and continued regulatory focus.
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Q3 2024 saw higher earnings and strong customer growth, with updated full-year EPS guidance of $5.35–$5.45. CapEx and rate base forecasts were significantly raised to support rapid load growth, while regulatory and financing strategies aim to balance affordability and credit health.
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Q2 2024 saw strong earnings growth, record peak loads, and robust customer expansion, prompting an increase in full-year EPS guidance. Major infrastructure and clean energy projects are advancing, while O&M and CapEx discipline remain priorities amid active wildfire mitigation and regulatory activity.