IDACORP, Inc. (IDA) Income Statement

NYSE: IDARevenue, profits, margins and EPS over 10 years.

IDA 2025 at a glance

Fiscal year ended December 31, 2025 · U.S. dollars
Revenue−0.7%
$1.81B
2025 · hover or tap a bar for each year
2016: $1.26B (−0.7%)2017: $1.35B (+6.9%)2018: $1.37B (+1.6%)2019: $1.35B (−1.8%)2020: $1.35B (+0.3%)2021: $1.46B (+7.9%)2022: $1.64B (+12.7%)2023: $1.77B (+7.4%)2024: $1.83B (+3.4%)2025: $1.81B (−0.7%)
20162025
Gross profit+21.0%
$401.4M
2025 · hover or tap a bar for each year
2016: $315.4M (−4.4%)2017: $354.7M (+12.4%)2018: $299.4M (−15.6%)2019: $301.1M (+0.6%)2020: $312.2M (+3.7%)2021: $332.2M (+6.4%)2022: $330.1M (−0.6%)2023: $316.8M (−4.0%)2024: $331.9M (+4.7%)2025: $401.4M (+21.0%)
20162025
Operating income+21.0%
$396.6M
2025 · hover or tap a bar for each year
2016: $283.6M (+0.5%)2017: $315.5M (+11.3%)2018: $296.9M (−5.9%)2019: $298.3M (+0.5%)2020: $309.5M (+3.8%)2021: $329.7M (+6.5%)2022: $327.2M (−0.8%)2023: $313.5M (−4.2%)2024: $327.8M (+4.6%)2025: $396.6M (+21.0%)
20162025
Net income+11.9%
$323.5M
2025 · hover or tap a bar for each year
2016: $198.3M (+1.9%)2017: $212.4M (+7.1%)2018: $226.8M (+6.8%)2019: $232.9M (+2.7%)2020: $237.4M (+2.0%)2021: $245.6M (+3.4%)2022: $259.0M (+5.5%)2023: $261.2M (+0.9%)2024: $289.2M (+10.7%)2025: $323.5M (+11.9%)
20162025
EPS (diluted)+7.7%
$5.90
2025 · hover or tap a bar for each year
2016: $3.94 (+1.8%)2017: $4.22 (+7.1%)2018: $4.49 (+6.4%)2019: $4.60 (+2.4%)2020: $4.69 (+2.0%)2021: $4.85 (+3.4%)2022: $5.11 (+5.4%)2023: $5.14 (+0.6%)2024: $5.48 (+6.6%)2025: $5.90 (+7.7%)
20162025
Net profit margin+2.0 pts
17.8%
2025 · hover or tap a point for each year
2016: 15.7% (+0.4 pts)2017: 15.7% (+0.0 pts)2018: 16.5% (+0.8 pts)2019: 17.3% (+0.7 pts)2020: 17.6% (+0.3 pts)2021: 16.8% (−0.7 pts)2022: 15.8% (−1.1 pts)2023: 14.8% (−1.0 pts)2024: 15.8% (+1.0 pts)2025: 17.8% (+2.0 pts)
20162025

IDA revenue and net income

RevenueNet incomeNet margin (right axis)

Where IDA's revenue goes

2025
Revenue
$1.81B100.0%
Cost of revenue
−$1.41B−77.8%
Gross profit
$401.4M22.1%
Operating income
$396.6M21.9%
Interest & other expense
−$86.2M−4.8%
Income taxes
$13.7M0.8%
Net income
$323.5M17.8%

Each bar shows an amount and its share of revenue. IDA kept 17.8% of revenue as net income.

IDA profit margins

GrossOperatingNet

IDA growth rates

to 2025
1 year3 years5 years10 years
Revenue−0.7%+3.3%+6.1%+3.6%
Gross profit+21.0%+6.7%+5.2%+2.0%
Operating income+21.0%+6.6%+5.1%+3.5%
Net income+11.9%+7.7%+6.4%+5.2%
EPS (diluted)+7.7%+4.9%+4.7%+4.3%

1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.

IDA quarterly EPS vs estimates

Reported EPSAnalyst estimate

IDACORP beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 29, 2026 (estimate $2.53).

IDA income statement

IDACORP, Inc. annual income statement
2025202420232022202120202019201820172016
Revenue$1.81B$1.83B$1.77B$1.64B$1.46B$1.35B$1.35B$1.37B$1.35B$1.26B
Cost of revenue$1.41B$1.49B$1.45B$1.31B$1.13B$1.04B$1.05B$1.07B$994.8M$946.6M
Gross profit$401.4M$331.9M$316.8M$330.1M$332.2M$312.2M$301.1M$299.4M$354.7M$315.4M
Research & development———————$0$0$0
Sales, general & admin——$6.5M$9.2M$15.2M$11.9M$11.0M$15.8M$11.2M$11.8M
Total operating expenses$4.8M$4.0M$3.4M$2.9M$2.6M$2.6M$2.8M$2.5M$39.1M$31.8M
Operating income$396.6M$327.8M$313.5M$327.2M$329.7M$309.5M$298.3M$296.9M$315.5M$283.6M
Interest income$175.6M$22.6M$15.3M$85.8M$85.8M$87.5M$76.6M$78.0M$77.2M$74.9M
Interest expense$168.2M$135.9M$116.5M$89.4M$86.7M$87.4M$86.5M$85.9M$83.7M$82.0M
Income before taxes$310.4M$305.0M$289.2M$297.4M$282.8M$266.7M$257.8M$244.9M$261.8M$234.5M
Income taxes−$13.7M$15.1M$27.3M$37.8M$36.9M$28.7M$24.5M$17.4M$48.7M$36.4M
Net income$323.5M$289.2M$261.2M$259.0M$245.6M$237.4M$232.9M$226.8M$212.4M$198.3M
EBITDA$737.0M$669.0M$605.6M$560.3M$548.9M$530.0M$518.1M$500.0M$511.5M$463.8M
EPS (diluted)$5.90$5.48$5.14$5.11$4.85$4.69$4.60$4.49$4.22$3.94
Gross margin22.1%18.2%17.9%20.1%22.8%23.1%22.4%21.8%26.3%25.0%
Operating margin21.9%17.9%17.7%19.9%22.6%22.9%22.2%21.7%23.4%22.5%
Net margin17.8%15.8%14.8%15.8%16.8%17.6%17.3%16.5%15.7%15.7%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IDA's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.

IDA financial results

In fiscal year 2025 (ended December 31, 2025), IDACORP reported revenue of $1.8 billion, down 0.7% from the year before. It had net income of $323.5 million (up 11.9%), a net profit margin of 17.8%. Diluted earnings per share came to $5.90. Over five years revenue grew at an average rate of 6.1% a year.

See the IDA stock overview for the latest quote and news, or the IDA chart for price history and technical indicators.

IDA income statement FAQ

What is IDACORP's annual revenue?

IDACORP reported total revenue of $1.8 billion for fiscal year 2025, which ended on December 31, 2025. That was down 0.7% from $1.8 billion the previous year.

Is IDACORP profitable?

Yes. IDACORP reported net income of $323.5 million in fiscal 2025, a net profit margin of 17.8%; its operating margin was 21.9%.

What is IDACORP's gross margin?

IDACORP's gross margin was 22.1% in fiscal 2025: for every $100 of revenue, IDACORP kept $22 after the direct cost of its products and services.

How fast is IDACORP growing?

Revenue grew 6.1% a year on average over the last five fiscal years, from $1.4 billion to $1.8 billion.

What are IDACORP's earnings per share?

IDACORP earned $5.90 per diluted share in fiscal 2025, compared with $5.48 a year earlier.

When will IDACORP report its next earnings?

IDACORP is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.

When does IDACORP's fiscal year end?

IDACORP's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.

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