IDACORP, Inc. operates as a U.S.-based enterprise deeply involved in the comprehensive electric power sector, handling everything from generation, transmission, and distribution ...
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Est. EPS $6.38 · Revenue $2.00B · 5 analysts
Est. EPS $6.95 · Revenue $2.19B · 6 analysts
Est. EPS $2.89 · Revenue $868.61M · 2 analysts
Est. EPS $1.36 · Revenue $318.66M · 2 analysts
$3.50 per share
$3.50 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.8B | -0.7% | +16.7% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $323.5M | +11.9% | +50.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +22.1% | +21.9% | +118.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +21.9% | +21.9% | +119.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +17.8% | +12.7% | +29.3% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-577.5M | -39.2% | -57.6% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -31.9% | -40.2% | -35.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 102.6% | +11.2% | -3.6% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.93x | -34.2% | -18.5% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $10.2B | +10.7% | +2.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 5.90 vs 5.85 | +0.9% | 1.79 vs 2.89 | -38.1% |
| Revenue Surprise | $1.8B vs $1.9B | -6.1% | $469.8M vs $868.6M | -45.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 10, 2026 | Richins Adam J | officer: EVP and COO (IPC) | Common Stock | D | 1,500 | $142.03 |
| Jun 1, 2026 | Miller Sharon L. | director | Common Stock | A | 689 | — |
| May 29, 2026 | Hanchey James Bo D | officer: VP of Cust Op & CSO (IPC) | Common Stock | D | 1,500 | $140.95 |
| May 21, 2026 | Miller Sharon L. | director | Common Stock | — | 0 | — |
| Mar 3, 2026 | Tatum Timothy E | officer: VP Regulatory Affairs (IPC) | Common Stock | D | 1,479 | $142.51 |
Operator: Afternoon, everyone, and welcome to IDACORP's Second Quarter 26 Earnings Call. Today's call is being recorded. And our webcast is live. A replay will be available later today and for the next 12 months on the IDACORP website. If you need assistance at any time during the presentation, please press star-0 on your phone. I will now turn the call over to Amy I. Shaw, vice president of Finance, Compliance, and Risk. Amy I. Shaw: Thank you. Good afternoon, everyone. We appreciate you joining our call. The slides we will reference during today's call are available on IDACORP's website. As noted on Slide 2, our discussion today includes forward-looking statements including things like earnings guidance, spending forecasts, financing plans, regulatory plans and actions, and estimates and assumptions that reflect our current views on what the future holds. These are all subject to risks and uncertainties. Those risks and uncertainties may cause actual results to differ materially from the statements made today, and we caution against placing undue reliance on any forward-looking statements. We have included our cautionary note on forward-looking statements and various risk factors in more detail for your review in our filings with the Securities and Exchange Commission. As shown on Slide 3, also presented today, we have Lisa A. Grow, President and CEO; Brian R. Buckham, EVP, CFO and Treasurer John R. Wonderlich, investor relations manager. Slide 4 has a summary of our second quarter financial results. IDACORP's diluted earnings per share of $1.79, compared with $1.76 for last year's second quarter. I want to highlight, we did not record any additional tax credit amortization under the Idaho regulatory mechanism, during the second quarter of this year compared with recording $172 million in the second quarter of last year. For the first half of 2026, diluted earnings per share were $3 versus $2.87 in 2025. And those results only include additional tax credit amortization of $6.3 million in the first half of 2026, versus $36.5 million in the first half of last year which showcases the strong performance so far for 2026. Our key operating metrics were raising the lower end of our full year IDACORP diluted earnings per share guidance range by $0.05 to the new range of $6.30 to 6.45 This increase is driven by our strong operational results in the second quarter. It includes our expectation that Idaho Power will use less than $15 million of additional tax credit amortization for the full year, which is a reduction from the less than $30 million in our prior guidance. These estimates also assume historically normal weather conditions for the rest of the year. Now I will turn the call over to Lisa. Lisa A. Grow: Thank you, Amy, and thanks to everyone for joining us today. I will start my remarks with a look at customer growth. As you can see on Slide 5, we have seen a customer count increase of 2.3% since last year's second quarter. With growth across …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Lisa A. Grow | Chief Executive Officer, President & Director | USD 2,851,561 | Female | 1965 | Active |
Brian R. Buckham | Executive VP, CFO & Treasurer | USD 1,278,520 | Male | 1979 | Active |
Jeffrey L. Malmen | Senior Vice President of Public Affairs | USD 929,580 | Male | 1968 | Active |
Timothy E. Tatum | Vice President of Regulatory Affairs - Idaho Power | USD 569,012 | Male | 1974 | Active |
John R. Wonderlich | Investor Relations Manager | — | Male | — | Active |
Cheryl Thompson | Corporate Secretary | — | Female | — | Active |
Jason C. Huszar | Vice President of Information Technology & Chief Information Officer | — | Male | — | Active |
James Bo D. Hanchey | Vice President of Customer Operations & Chief Safety Officer for Idaho Power | — | Male | 1977 | Active |
Amy I. Shaw | Vice President of Finance, Compliance & Risk | — | Female | 1980 | Active |
Julia A. Hilton | Vice President & General Counsel | — | Female | 1978 | Active |
Sarah E. Griffin | Vice President of Human Resources for Idaho Power. | — | Female | 1971 | Active |
California State Teachers Retirement System lifted its stake in shares of IDACORP, Inc. (NYSE: IDA) by 32.3% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,794 shares of the energy company's stock after acquiring an additional 16,536
IDACORP NYSE: IDA raised the lower end of its 2026 earnings guidance after reporting higher second-quarter profit, supported by January rate changes, customer growth and an early ramp in revenue from large industrial customers.
IDACORP, Inc. (IDA) Q2 2026 Earnings Call Transcript
IDA surpasses Q2 earnings estimates as customer growth, rate changes and large contracts lift results, while revenues rise and guidance improves.
IdaCorp (IDA) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.76 per share a year ago.
