IDACORP Q1 2026 profit rises to $1.21 per share; 2026 guidance reaffirmed
IDACORP reported first quarter 2026 net income attributable to IDACORP of $68.0 million, or $1.21 per diluted share, up from $59.6 million, or $1.10 per diluted share, in the first quarter of 2025. The company reaffirmed its full-year 2026 earnings guidance of $6.25 to $6.45 per diluted share, which assumes normal weather and power supply expenses through year end. The increase was due primarily to higher net income at Idaho Power, the regulated utility subsidiary.
Key points
- Net income of $68.0 million ($1.21 per diluted share) vs. $59.6 million ($1.10) in Q1 2025
- 2026 EPS guidance reaffirmed at $6.25 to $6.45 per diluted share; Idaho Power O&M guidance of $525 to $535 million unchanged
- Retail revenues per MWh added $18.0 million to operating income; other O&M expenses reduced it by $13.1 million
- Idaho Power customer count grew by about 15,000, or 2.3 percent, in the twelve months ended March 31, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits 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 April 30, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.