Here are the 10-Q quarterly reports from IDACORP, Inc. (IDA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IDA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IDA filings page.
IDACORP, Inc. reported third-quarter 2026 operating revenues of $608.0 million and net income attributable to IDACORP of $160.2 million, versus $524.4 million and $124.4 million in 2025; diluted earnings per share were $2.73 versus $2.26. For the nine months ended September 30, 2026, operating revenues were $1,481.2 million and net income attributable to IDACORP was $330.8 million, versus $1,407.8 million and $279.9 million a year earlier. Operating cash flow was $378.5 million, compared with $464.1 million.
Idaho Power issued $350 million of 4.85% first mortgage bonds due March 1, 2036, and $200 million of 5.70% bonds due March 15, 2055; net proceeds from the latter were $186.6 million plus accrued interest. IDACORP may sell shares through its 2026 at-the-market program from time to time, up to an aggregate gross sales price of $600 million; $66.5 million remained at September 30, 2026. At that date, outstanding forward sale agreements could be physically settled by issuing 4,926,437 shares for $684.5 million. Idaho Power added approximately $1.6 billion in fuel purchase obligations over 15 years from May 2030 to May 2045 and approximately $796.2 million for 200 MW of solar and 100 MW of battery storage over 20 years.
IDACORP’s Q1 2026 results show higher profit on lower revenue driven by utility operations. Electric operating revenues were $402.8 million versus $432.0 million a year earlier, but operating income rose to $81.2 million from $54.9 million as purchased power, fuel, and power cost adjustment expenses fell.
Net income attributable to IDACORP increased to $68.0 million from $59.6 million, with diluted EPS up to $1.21 from $1.10. Operating cash flow was $75.8 million versus $124.3 million, while capital spending jumped to $371.5 million, funded partly by $350 million of new 4.85% first mortgage bonds due 2036 and equity programs.
Regulatory mechanisms remained important: Idaho Power recorded $6.3 million of additional accelerated deferred investment tax credit amortization under its 2025 settlement, with about $159.6 million still available. The company filed for multiple Idaho and Oregon rate adjustments and is deferring wildfire mitigation costs. Idaho Power also agreed to sell its Oregon distribution and certain transmission assets to OTEC for a base price of $154 million, now classified as assets held for sale.
IDACORP (IDA) reported Q3 2025 results. Total operating revenues were $524.4 million and operating income was $144.8 million. Net income attributable to IDACORP was $124.4 million, with diluted EPS of $2.26. For the first nine months, total operating revenues were $1.41 billion and net income was $279.9 million.
Cash from operations reached $464.1 million for the nine months, while additions to property, plant and equipment were $825.4 million, reflecting ongoing system investment. Long-term debt increased with the issuance of $400 million 5.70% first mortgage bonds due 2055.
Regulatory activity was significant. Idaho Power filed a settlement stipulation that, if approved, would increase annual Idaho-jurisdictional retail revenue by approximately $110.0 million (7.48%) effective January 1, 2026, based on a 9.6% ROE, a 7.410% authorized rate of return, an Idaho rate base of about $4.9 billion, and a base net power supply expense of $468.8 million. Idaho Power recorded $39.0 million of additional ADITC amortization year-to-date.