IDACORP, Inc. Earnings Recaps
Q3 2025
Oct 31, 2025
IDACORP reported a solid third quarter with diluted earnings per share increasing to $2.26, reflecting strong operational performance and robust customer growth.
Key takeaways
- Diluted earnings per share for Q3 2025 rose to $2.26 from $2.12 in Q3 2024, with year-to-date earnings of $5.13 versus $4.82 last year.
- Full year diluted EPS guidance improved to a range of $5.80 to $5.90, despite a decrease in estimated tax credit amortization.
- Customer base grew by 2.3%, with 2.5% growth in residential customers, driven by increased activity in manufacturing, agriculture, and technology sectors.
- Continued progress on key projects, including the Boardman-to-Hemingway transmission line, bolsters reliability and access to affordable energy.
- Plans for a 167-megawatt expansion of the Bennett Mountain gas-fired power plant are underway, expected to enhance supply during peak demand.