IDACORP INCIDAEarnings & Financial Report
IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.
Revenue
$442.6M
Gross Profit
N/A
Operating Profit
$103.3M
Net Profit
$89.5M
Gross Margin
N/A
Operating Margin
23.3%
Net Margin
20.2%
YoY Growth
14.9%
EPS
$1.71
IDACORP INC Q2 FY2024 Financial Summary
IDACORP INC reported revenue of $442.6M (up 14.9% YoY) for Q2 FY2024, with a net profit of $89.5M (up 30.5% YoY) (20.2% margin).
Key Financial Metrics
| Total Revenue | $442.6M |
|---|---|
| Net Profit | $89.5M |
| Gross Margin | N/A |
| Operating Margin | 23.3% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
IDACORP INC Q2 FY2024 revenue of $442.6M breaks down across 7 segments, led by Retailrevenues at $387.5M (87.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Retailrevenues | $387.5M | 87.5% |
| Wholesaleenergysales | $20.7M | 4.7% |
| Transmissionserviceswheeling | $16.6M | 3.7% |
| Derivativerevenues | $9.3M | 2.1% |
| Energyefficiencyprogramrevenues | $7.1M | 1.6% |
| Idaho Fixed Cost Adjustment | $2.1M | 0.5% |
| All Other | $1.2M | 0.3% |
IDACORP INC Revenue by Segment — Quarterly Trend
IDACORP INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Retailrevenues and Wholesaleenergysales) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Retailrevenues | $323.0M | $477.9M | $399.3M | $356.2M |
| Wholesaleenergysales | $10.5M | $10.5M | $15.4M | $19.5M |
| Transmissionserviceswheeling | $18.6M | $17.9M | $16.3M | — |
| Energyefficiencyprogramrevenues | $11.7M | $7.5M | $6.1M | $5.2M |
IDACORP INC Annual Revenue by Year
IDACORP INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.7B |
| 2024 | $1.8B |
| 2023 | $1.6B |
| 2022 | $1.6B |
IDACORP INC Quarterly Revenue & Net Profit History
IDACORP INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $360.1M | -4.2% | $43.6M | 12.1% |
| Q3 FY2025 | $526.4M | -1.1% | $124.4M | 23.6% |
| Q2 FY2025 | $449.3M | +1.5% | $95.8M | 21.3% |
| Q1 FY2025 | $411.1M | -1.6% | $59.6M | 14.5% |
| Q4 FY2024 | $375.9M | +1.0% | $37.9M | 10.1% |
| Q3 FY2024 | $532.5M | +7.2% | $113.6M | 21.3% |
| Q2 FY2024 | $442.6M | +14.9% | $89.5M | 20.2% |
| Q1 FY2024 | $417.9M | +8.4% | $48.2M | 11.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $417.9M | $442.6M | $532.5M | $375.9M | $411.1M | $449.3M | $526.4M | $360.1M |
| YoY Growth | 8.4% | 14.9% | 7.2% | 1.0% | -1.6% | 1.5% | -1.1% | -4.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.35B | $8.68B | $9.11B | $9.24B | $9.59B | $9.94B | $10.08B | $10.23B |
| Liabilities | $5.43B | $5.48B | $5.84B | $5.91B | $6.25B | $6.54B | $6.59B | $6.65B |
| Equity | $2.92B | $3.20B | $3.27B | $3.33B | $3.35B | $3.40B | $3.48B | $3.57B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $109.7M | $146.4M | $201.9M | $136.4M | $124.3M | $176.9M | $162.8M | $137.8M |