)
Idacorp (IDA) investor relations material
Idacorp Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 18th consecutive year of EPS growth, with 2025 diluted EPS at $5.90, up from $5.50 in 2024, and net income rising to $323.5 million from $289.2 million year-over-year.
Customer base grew by 2.3% (about 15,000 new customers), with strong industrial demand and major projects underway.
Record energy sales to retail customers and major infrastructure projects initiated, including the Boardman-to-Hemingway transmission line.
Announced sale of Oregon distribution assets for $154 million, exiting regulated retail operations in Oregon.
Settled Idaho General Rate Case with constructive outcomes; rates remain below national average despite investments.
Financial highlights
Net income increased by over $34 million compared to 2024, with Q4 2025 net income at $43.6 million, up from $37.9 million in Q4 2024.
Retail revenues per MWh, net of power cost adjustments, increased operating income by $49.6 million year-over-year.
O&M expenses rose less than $10 million, mainly due to labor and inflation, but remained at the low end of guidance.
Depreciation and amortization expense increased by nearly $28 million, reflecting new plant-in-service and battery storage operations.
Cash flow from operations exceeded $600 million for the first time, reaching $601.8 million in 2025.
Outlook and guidance
2026 EPS guidance set at $6.25–$6.45 per diluted share, reflecting 8% growth over 2025.
O&M expense expected between $525–$535 million in 2026, with CapEx forecasted at $1.3–$1.5 billion.
Hydropower generation forecasted at 5.5–7.5 million MWh for 2026.
Five-year CapEx forecast (2026–2030) increased to $7 billion, averaging $1.4 billion annually.
Idaho Power expects to use less than $30 million of additional tax credits under the Idaho regulatory mechanism in 2026.
Next Idacorp earnings date
Next Idacorp earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage