Filing Flows › Avista (AVA) › Q2 2025
Avista (AVA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Avista (AVA) reported revenue of $411M for the second quarter 2025 (Q2 2025), +2% from a year earlier and -33% from the quarter before. Operating margin was 13.9%, net earnings $14.0M (3.4% of revenue).
Avista, Q2 2025: revenue $411M (+2% year over year), operating margin 13.9%, net earnings $14.0M, operating cash flow $40.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $411M | -33% | +2% |
| Operating profit | $57.0M | -54% | +4% |
| Net earnings | $14.0M | -82% | -39% |
| Operating cash flow | $40.0M | -78% | -69% |
What changed
Revenue was $411.0M in Q2 2025, up 2% year over year and down 33% from the previous quarter.
Operating profit was $57.0M, a 13.9% margin (up 0.2 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, above the 14% margin then. Total costs grew 2% against revenue growth of 2%. Net earnings were $14.0M, down 39% year over year. The effective tax rate was 6.7%.
Operating cash flow was $40.0M (down 69% year over year), 286% of net earnings. Non-cash charges added back $72.0M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $50.0M. Capital expenditures of $143.0M exceeded it, leaving free cash flow of −$103.0M.
Questions
What was Avista's revenue in the second quarter 2025?
Avista (AVA) reported revenue of $411M for the second quarter 2025 (Q2 2025), +2% from a year earlier and -33% from the quarter before.
Was Avista profitable in the second quarter 2025?
Operating profit was $57.0M (13.9% of revenue) and net earnings $14.0M.
Source: Avista 10-Q on SEC EDGAR.