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Side-by-side financial comparison of IDACORP INC (IDA) and Innovex International, Inc. (INVX). Click either name above to swap in a different company.
IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $273.6M, roughly 1.3× Innovex International, Inc.). IDACORP INC runs the higher net margin — 12.1% vs 5.1%, a 7.0% gap on every dollar of revenue. On growth, Innovex International, Inc. posted the faster year-over-year revenue change (9.1% vs -4.2%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs -7.2%).
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.
IDA vs INVX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $360.1M | $273.6M |
| Net Profit | $43.6M | $14.0M |
| Gross Margin | — | 28.9% |
| Operating Margin | 14.9% | 9.4% |
| Net Margin | 12.1% | 5.1% |
| Revenue YoY | -4.2% | 9.1% |
| Net Profit YoY | 15.1% | -56.1% |
| EPS (diluted) | $0.78 | $0.20 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $360.1M | $273.6M | ||
| Q3 25 | $526.4M | $240.0M | ||
| Q2 25 | $449.3M | $224.2M | ||
| Q1 25 | $411.1M | $240.4M | ||
| Q4 24 | $375.9M | $250.7M | ||
| Q3 24 | $532.5M | $151.8M | ||
| Q2 24 | $442.6M | $130.3M | ||
| Q1 24 | $417.9M | $128.0M |
| Q4 25 | $43.6M | $14.0M | ||
| Q3 25 | $124.4M | $39.2M | ||
| Q2 25 | $95.8M | $15.3M | ||
| Q1 25 | $59.6M | $14.8M | ||
| Q4 24 | $37.9M | $31.8M | ||
| Q3 24 | $113.6M | $82.6M | ||
| Q2 24 | $89.5M | $9.5M | ||
| Q1 24 | $48.2M | $16.4M |
| Q4 25 | — | 28.9% | ||
| Q3 25 | — | 31.6% | ||
| Q2 25 | — | 32.0% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 35.3% | ||
| Q1 24 | — | 38.4% |
| Q4 25 | 14.9% | 9.4% | ||
| Q3 25 | 27.5% | 26.0% | ||
| Q2 25 | 22.4% | 10.1% | ||
| Q1 25 | 13.4% | 9.1% | ||
| Q4 24 | 11.0% | 10.7% | ||
| Q3 24 | 25.1% | -8.7% | ||
| Q2 24 | 23.3% | 10.0% | ||
| Q1 24 | 11.9% | 17.4% |
| Q4 25 | 12.1% | 5.1% | ||
| Q3 25 | 23.6% | 16.3% | ||
| Q2 25 | 21.3% | 6.8% | ||
| Q1 25 | 14.5% | 6.1% | ||
| Q4 24 | 10.1% | 12.7% | ||
| Q3 24 | 21.3% | 54.4% | ||
| Q2 24 | 20.2% | 7.3% | ||
| Q1 24 | 11.5% | 12.8% |
| Q4 25 | $0.78 | $0.20 | ||
| Q3 25 | $2.26 | $0.57 | ||
| Q2 25 | $1.76 | $0.22 | ||
| Q1 25 | $1.10 | $0.21 | ||
| Q4 24 | $0.72 | $-0.03 | ||
| Q3 24 | $2.12 | $1.99 | ||
| Q2 24 | $1.71 | $0.30 | ||
| Q1 24 | $0.95 | $0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $215.7M | — |
| Total DebtLower is stronger | $3.3B | $18.9M |
| Stockholders' EquityBook value | $3.6B | $1.1B |
| Total Assets | $10.2B | $1.3B |
| Debt / EquityLower = less leverage | 0.93× | 0.02× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $215.7M | — | ||
| Q3 25 | $333.2M | — | ||
| Q2 25 | $474.5M | — | ||
| Q1 25 | $634.5M | — | ||
| Q4 24 | $368.9M | — | ||
| Q3 24 | $427.9M | — | ||
| Q2 24 | $169.6M | $185.6M | ||
| Q1 24 | $157.6M | $202.2M |
| Q4 25 | $3.3B | $18.9M | ||
| Q3 25 | — | $20.1M | ||
| Q2 25 | — | $34.8M | ||
| Q1 25 | — | $19.7M | ||
| Q4 24 | $3.1B | $24.9M | ||
| Q3 24 | — | $12.4M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.6B | $1.1B | ||
| Q3 25 | $3.5B | $1.0B | ||
| Q2 25 | $3.4B | $995.6M | ||
| Q1 25 | $3.3B | $978.4M | ||
| Q4 24 | $3.3B | $958.2M | ||
| Q3 24 | $3.3B | $904.4M | ||
| Q2 24 | $3.2B | $352.5M | ||
| Q1 24 | $2.9B | $344.3M |
| Q4 25 | $10.2B | $1.3B | ||
| Q3 25 | $10.1B | $1.3B | ||
| Q2 25 | $9.9B | $1.2B | ||
| Q1 25 | $9.6B | $1.2B | ||
| Q4 24 | $9.2B | $1.2B | ||
| Q3 24 | $9.1B | $1.1B | ||
| Q2 24 | $8.7B | $1.0B | ||
| Q1 24 | $8.3B | $1.0B |
| Q4 25 | 0.93× | 0.02× | ||
| Q3 25 | — | 0.02× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | 0.92× | 0.03× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $137.8M | $52.2M |
| Free Cash FlowOCF − Capex | $-216.2M | — |
| FCF MarginFCF / Revenue | -60.0% | — |
| Capex IntensityCapex / Revenue | 98.3% | — |
| Cash ConversionOCF / Net Profit | 3.16× | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | $-577.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $137.8M | $52.2M | ||
| Q3 25 | $162.8M | $48.4M | ||
| Q2 25 | $176.9M | $59.2M | ||
| Q1 25 | $124.3M | $31.1M | ||
| Q4 24 | $136.4M | $36.3M | ||
| Q3 24 | $201.9M | $21.7M | ||
| Q2 24 | $146.4M | $22.8M | ||
| Q1 24 | $109.7M | $12.6M |
| Q4 25 | $-216.2M | — | ||
| Q3 25 | $-127.9M | — | ||
| Q2 25 | $-156.4M | — | ||
| Q1 25 | $-77.0M | — | ||
| Q4 24 | $-48.9M | — | ||
| Q3 24 | $-16.1M | — | ||
| Q2 24 | $-199.6M | $16.6M | ||
| Q1 24 | $-150.3M | $7.8M |
| Q4 25 | -60.0% | — | ||
| Q3 25 | -24.3% | — | ||
| Q2 25 | -34.8% | — | ||
| Q1 25 | -18.7% | — | ||
| Q4 24 | -13.0% | — | ||
| Q3 24 | -3.0% | — | ||
| Q2 24 | -45.1% | 12.7% | ||
| Q1 24 | -36.0% | 6.1% |
| Q4 25 | 98.3% | — | ||
| Q3 25 | 55.2% | — | ||
| Q2 25 | 74.2% | — | ||
| Q1 25 | 49.0% | — | ||
| Q4 24 | 49.3% | — | ||
| Q3 24 | 41.0% | — | ||
| Q2 24 | 78.2% | 4.7% | ||
| Q1 24 | 62.2% | 3.7% |
| Q4 25 | 3.16× | 3.74× | ||
| Q3 25 | 1.31× | 1.23× | ||
| Q2 25 | 1.85× | 3.86× | ||
| Q1 25 | 2.08× | 2.11× | ||
| Q4 24 | 3.60× | 1.14× | ||
| Q3 24 | 1.78× | 0.26× | ||
| Q2 24 | 1.63× | 2.39× | ||
| Q1 24 | 2.28× | 0.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
INVX
| Products | $202.7M | 74% |
| Leasing | $42.3M | 15% |
| Services | $28.6M | 10% |
