IDACORP, Inc. (IDA) Income Statement
IDA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIDA revenue and net income
Where IDA's revenue goes
2025Each bar shows an amount and its share of revenue. IDA kept 17.8% of revenue as net income.
IDA profit margins
IDA growth rates
to 2025| 1 year | 3 years | 5 years | 10 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
IDACORP beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 29, 2026 (estimate $2.53).
IDA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 margin | 22.1% | 18.2% | 17.9% | 20.1% | 22.8% | 23.1% | 22.4% | 21.8% | 26.3% | 25.0% |
| Operating margin | 21.9% | 17.9% | 17.7% | 19.9% | 22.6% | 22.9% | 22.2% | 21.7% | 23.4% | 22.5% |
| Net margin | 17.8% | 15.8% | 14.8% | 15.8% | 16.8% | 17.6% | 17.3% | 16.5% | 15.7% | 15.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $469.8M | $402.5M | $404.7M | $524.4M | $450.9M | $432.5M | $398.1M | $528.5M | $451.0M | $448.9M | $412.0M | $510.9M |
| Cost of revenue | $338.1M | $350.9M | $331.5M | $389.8M | $349.7M | $376.9M | $355.0M | $394.1M | $347.0M | $398.6M | $374.2M | $383.9M |
| Gross profit | $131.7M | $51.6M | $73.2M | $134.3M | $101.2M | $55.6M | $43.1M | $134.4M | $104.0M | $50.3M | $37.7M | $127.0M |
| Total operating expenses | $1.2M | $740,000 | $2.4M | $1.2M | $636,000 | $627,000 | $1.9M | $698,000 | $752,000 | $696,000 | $911,000 | $694,000 |
| Operating income | $130.5M | $50.9M | $70.8M | $133.2M | $100.6M | $54.9M | $41.3M | $133.7M | $103.3M | $49.6M | $36.8M | $126.3M |
| Interest income | — | — | $53.3M | $51.9M | $50.4M | $43.9M | $43.0M | $39.8M | — | — | — | $30.7M |
| Interest expense | $58.2M | $44.2M | $43.8M | $44.9M | $42.5M | $37.0M | $36.4M | $34.1M | $32.5M | $32.8M | $32.9M | $30.0M |
| Income before taxes | $117.1M | $68.5M | $41.5M | $132.3M | $89.4M | $47.2M | $34.2M | $130.2M | $97.9M | $42.7M | $29.7M | $119.4M |
| Income taxes | $14.2M | $411,000 | −$2.3M | $7.7M | −$6.7M | −$12.5M | −$3.8M | $16.4M | $8.1M | −$5.5M | −$1.7M | $13.8M |
| Net income | $102.6M | $68.0M | $43.6M | $124.4M | $95.8M | $59.6M | $37.9M | $113.6M | $89.5M | $48.2M | $31.3M | $105.3M |
| EBITDA | $244.1M | $180.6M | $153.5M | $243.9M | $194.7M | $145.0M | $130.1M | $221.9M | $186.2M | $130.7M | $115.8M | $201.4M |
| EPS (diluted) | $1.79 | $1.21 | $0.78 | $2.26 | $1.76 | $1.10 | $0.70 | $2.12 | $1.71 | $0.95 | $0.61 | $2.07 |
| Gross margin | 28.0% | 12.8% | 18.1% | 25.6% | 22.4% | 12.8% | 10.8% | 25.4% | 23.1% | 11.2% | 9.2% | 24.9% |
| Operating margin | 27.8% | 12.6% | 17.5% | 25.4% | 22.3% | 12.7% | 10.4% | 25.3% | 22.9% | 11.0% | 8.9% | 24.7% |
| Net margin | 21.8% | 16.9% | 10.8% | 23.7% | 21.2% | 13.8% | 9.5% | 21.5% | 19.8% | 10.7% | 7.6% | 20.6% |
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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