IDACORP Q1 net income rises to $68.0M ($1.21 EPS); reaffirms FY2026 guidance $6.25-$6.45

IDACORP INC

Net income $68.0M ($1.21 diluted EPS) vs $59.6M ($1.10) YoY, up 14%.
Reaffirms FY2026 EPS guidance $6.25-$6.45; expects Idaho Power to use <$30M additional tax credits.
Customer growth of 2.3% (15,000 new customers) added $5.0M to operating income.
Higher O&M expenses of $13.1M driven by wildfire mitigation and Jim Bridger plant conversion costs.
Idaho base rate increase effective Jan 1, 2026 from 2025 general rate case settlement.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IDACORP INC reported quarter ended March 31, 2026 results: net income $68.0 million, EPS $1.21 per diluted share. Guidance reaffirmed.

Period: quarter ended March 31, 2026
Net income: $68.0 million
EPS: $1.21 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

IDACORP, Inc. (NYSE: IDA) reported first quarter 2026 net income attributable to IDACORP of $68.0 million, or $1.21 per diluted share

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Source: SEC EDGAR

accession 0001057877-26-000100

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