Avista Q1 GAAP net income rises to $92 million, or $1.11 per share; guidance confirmed
Avista Corp. reported first-quarter 2026 GAAP net income of $92 million, or $1.11 per diluted share, up from $79 million, or $0.98, a year earlier. Non-GAAP utility earnings were $91 million, or $1.10 per share, compared with $82 million, or $1.01, in the first quarter of 2025. The company confirmed its 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share, which the company said is on track.
Key points
- GAAP net income was $92 million, or $1.11 per diluted share, versus $79 million, or $0.98, in Q1 2025.
- Non-GAAP utility earnings were $91 million, or $1.10 per diluted share, versus $82 million, or $1.01, in Q1 2025.
- 2026 non-GAAP utility earnings guidance was confirmed at $2.52 to $2.72 per diluted share, assuming normal weather and an ERM impact of ($0.10) per diluted share.
- Results were released in Exhibit 99.1, and a webcast for analysts and investors is set for May 5, 2026 at 10:30 a.m. ET.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.