Filing Flows › Avista (AVA) › Q1 2025
Avista (AVA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Avista (AVA) reported revenue of $617M for the first quarter 2025 (Q1 2025), +1% from a year earlier and +16% from the quarter before. Operating margin was 20.3%, net earnings $79.0M (12.8% of revenue).
Avista, Q1 2025: revenue $617M (+1% year over year), operating margin 20.3%, net earnings $79.0M, operating cash flow $184M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $617M | +16% | +1% |
| Operating profit | $125M | +23% | +24% |
| Net earnings | $79.0M | +18% | +11% |
| Operating cash flow | $184M | +104% | -3% |
| Free cash flow | $81.0M | — | +14% |
What changed
Revenue was $617.0M in Q1 2025, up 1% year over year and up 16% from the previous quarter.
Operating profit was $125.0M, a 20.3% margin (up 3.7 points year over year). Of the extra revenue versus a year earlier, 300% reached operating profit, above the 17% margin then. Total costs fell 3% while revenue rose 1%. Net earnings were $79.0M, up 11% year over year. The effective tax rate was 13.2%.
Operating cash flow was $184.0M (down 3% year over year), 233% of net earnings. Non-cash charges added back $71.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $31.0M. Capital expenditures of $103.0M left free cash flow of $81.0M.
Questions
What was Avista's revenue in the first quarter 2025?
Avista (AVA) reported revenue of $617M for the first quarter 2025 (Q1 2025), +1% from a year earlier and +16% from the quarter before.
Was Avista profitable in the first quarter 2025?
Operating profit was $125M (20.3% of revenue) and net earnings $79.0M.
Source: Avista 10-Q on SEC EDGAR.