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Side-by-side financial comparison of IDACORP INC (IDA) and WABASH NATIONAL Corp (WNC). Click either name above to swap in a different company.

IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $303.2M, roughly 1.2× WABASH NATIONAL Corp). On growth, IDACORP INC posted the faster year-over-year revenue change (-4.2% vs -20.4%). WABASH NATIONAL Corp produced more free cash flow last quarter ($-37.3M vs $-216.2M). Over the past eight quarters, IDACORP INC's revenue compounded faster (-7.2% CAGR vs -25.8%).

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.

Wabash is an American diversified industrial manufacturing company and one of North America's largest producers of semi-trailers and truck bodies. The company specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, liquid tank trailers, truck bodies and composite products. Its products are sold primarily under the Wabash brand name since 2022. Prior to 2022, products were sold under: Wabash National, Transcraft, Benson, Walker Transport, Brenner Tan...

IDA vs WNC — Head-to-Head

Bigger by revenue
IDA
IDA
1.2× larger
IDA
$360.1M
$303.2M
WNC
Growing faster (revenue YoY)
IDA
IDA
+16.2% gap
IDA
-4.2%
-20.4%
WNC
More free cash flow
WNC
WNC
$178.9M more FCF
WNC
$-37.3M
$-216.2M
IDA
Faster 2-yr revenue CAGR
IDA
IDA
Annualised
IDA
-7.2%
-25.8%
WNC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IDA
IDA
WNC
WNC
Revenue
$360.1M
$303.2M
Net Profit
$43.6M
Gross Margin
2.8%
Operating Margin
14.9%
1.3%
Net Margin
12.1%
Revenue YoY
-4.2%
-20.4%
Net Profit YoY
15.1%
EPS (diluted)
$0.78
$-1.11

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.

Revenue
IDA
IDA
WNC
WNC
Q1 26
$303.2M
Q4 25
$360.1M
$321.5M
Q3 25
$526.4M
$381.6M
Q2 25
$449.3M
$458.8M
Q1 25
$411.1M
$380.9M
Q4 24
$375.9M
$416.8M
Q3 24
$532.5M
$464.0M
Q2 24
$442.6M
$550.6M
Net Profit
IDA
IDA
WNC
WNC
Q1 26
Q4 25
$43.6M
$-49.9M
Q3 25
$124.4M
$40.0M
Q2 25
$95.8M
$-9.6M
Q1 25
$59.6M
$230.9M
Q4 24
$37.9M
$-1.0M
Q3 24
$113.6M
$-330.2M
Q2 24
$89.5M
$29.0M
Gross Margin
IDA
IDA
WNC
WNC
Q1 26
2.8%
Q4 25
-1.9%
Q3 25
4.1%
Q2 25
9.0%
Q1 25
5.0%
Q4 24
10.3%
Q3 24
12.1%
Q2 24
16.3%
Operating Margin
IDA
IDA
WNC
WNC
Q1 26
1.3%
Q4 25
14.9%
-18.6%
Q3 25
27.5%
15.1%
Q2 25
22.4%
-1.0%
Q1 25
13.4%
82.6%
Q4 24
11.0%
0.9%
Q3 24
25.1%
-93.3%
Q2 24
23.3%
7.9%
Net Margin
IDA
IDA
WNC
WNC
Q1 26
Q4 25
12.1%
-15.5%
Q3 25
23.6%
10.5%
Q2 25
21.3%
-2.1%
Q1 25
14.5%
60.6%
Q4 24
10.1%
-0.2%
Q3 24
21.3%
-71.2%
Q2 24
20.2%
5.3%
EPS (diluted)
IDA
IDA
WNC
WNC
Q1 26
$-1.11
Q4 25
$0.78
$-1.03
Q3 25
$2.26
$0.97
Q2 25
$1.76
$-0.23
Q1 25
$1.10
$5.36
Q4 24
$0.72
$0.10
Q3 24
$2.12
$-7.53
Q2 24
$1.71
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IDA
IDA
WNC
WNC
Cash + ST InvestmentsLiquidity on hand
$215.7M
$43.4M
Total DebtLower is stronger
$3.3B
$498.0M
Stockholders' EquityBook value
$3.6B
Total Assets
$10.2B
$1.2B
Debt / EquityLower = less leverage
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDA
IDA
WNC
WNC
Q1 26
$43.4M
Q4 25
$215.7M
$31.9M
Q3 25
$333.2M
$91.7M
Q2 25
$474.5M
$57.4M
Q1 25
$634.5M
$81.0M
Q4 24
$368.9M
$115.5M
Q3 24
$427.9M
$81.8M
Q2 24
$169.6M
$77.3M
Total Debt
IDA
IDA
WNC
WNC
Q1 26
$498.0M
Q4 25
$3.3B
Q3 25
$425.0M
Q2 25
$440.0M
Q1 25
$420.0M
Q4 24
$3.1B
$400.0M
Q3 24
$400.0M
Q2 24
$400.0M
Stockholders' Equity
IDA
IDA
WNC
WNC
Q1 26
Q4 25
$3.6B
$367.4M
Q3 25
$3.5B
$418.7M
Q2 25
$3.4B
$385.2M
Q1 25
$3.3B
$403.8M
Q4 24
$3.3B
$188.8M
Q3 24
$3.3B
$200.5M
Q2 24
$3.2B
$550.4M
Total Assets
IDA
IDA
WNC
WNC
Q1 26
$1.2B
Q4 25
$10.2B
$1.2B
Q3 25
$10.1B
$1.3B
Q2 25
$9.9B
$1.4B
Q1 25
$9.6B
$1.4B
Q4 24
$9.2B
$1.4B
Q3 24
$9.1B
$1.5B
Q2 24
$8.7B
$1.3B
Debt / Equity
IDA
IDA
WNC
WNC
Q1 26
Q4 25
0.93×
Q3 25
1.01×
Q2 25
1.14×
Q1 25
1.04×
Q4 24
0.92×
2.12×
Q3 24
1.99×
Q2 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IDA
IDA
WNC
WNC
Operating Cash FlowLast quarter
$137.8M
$-33.7M
Free Cash FlowOCF − Capex
$-216.2M
$-37.3M
FCF MarginFCF / Revenue
-60.0%
-12.3%
Capex IntensityCapex / Revenue
98.3%
1.1%
Cash ConversionOCF / Net Profit
3.16×
TTM Free Cash FlowTrailing 4 quarters
$-577.5M
$-41.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDA
IDA
WNC
WNC
Q1 26
$-33.7M
Q4 25
$137.8M
$-57.4M
Q3 25
$162.8M
$85.2M
Q2 25
$176.9M
$-15.8M
Q1 25
$124.3M
$-272.0K
Q4 24
$136.4M
$80.9M
Q3 24
$201.9M
$42.8M
Q2 24
$146.4M
$11.0M
Free Cash Flow
IDA
IDA
WNC
WNC
Q1 26
$-37.3M
Q4 25
$-216.2M
$-61.9M
Q3 25
$-127.9M
$79.9M
Q2 25
$-156.4M
$-22.1M
Q1 25
$-77.0M
$-9.0M
Q4 24
$-48.9M
$59.5M
Q3 24
$-16.1M
$28.2M
Q2 24
$-199.6M
$-6.1M
FCF Margin
IDA
IDA
WNC
WNC
Q1 26
-12.3%
Q4 25
-60.0%
-19.3%
Q3 25
-24.3%
20.9%
Q2 25
-34.8%
-4.8%
Q1 25
-18.7%
-2.4%
Q4 24
-13.0%
14.3%
Q3 24
-3.0%
6.1%
Q2 24
-45.1%
-1.1%
Capex Intensity
IDA
IDA
WNC
WNC
Q1 26
1.1%
Q4 25
98.3%
1.4%
Q3 25
55.2%
1.4%
Q2 25
74.2%
1.4%
Q1 25
49.0%
2.3%
Q4 24
49.3%
5.1%
Q3 24
41.0%
3.1%
Q2 24
78.2%
3.1%
Cash Conversion
IDA
IDA
WNC
WNC
Q1 26
Q4 25
3.16×
Q3 25
1.31×
2.13×
Q2 25
1.85×
Q1 25
2.08×
-0.00×
Q4 24
3.60×
Q3 24
1.78×
Q2 24
1.63×
0.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IDA
IDA

Retailrevenues$323.0M90%
Transmissionserviceswheeling$18.6M5%
Energyefficiencyprogramrevenues$11.7M3%
Wholesaleenergysales$10.5M3%
Otherrevenues$9.5M3%

WNC
WNC

Segment breakdown not available.

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