Filing Flows › Avista (AVA) › Q2 2026 › vs Q1 2026
Avista (AVA) Q2 2026 vs Q1 2026 (quarter over quarter)
Avista's revenue fell $157M (-28%) from $570M in Q1 2026 to $413M in Q2 2026. Operating margin 13.1% against 23.5% (-10.4 pts).
Avista, Q2 2026: revenue $413M (+0.5% year over year), operating margin 13.1%, net earnings $35.0M, operating cash flow $122M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 13.1% | 23.5% | -10.4 pts |
| Net margin | 8.5% | 16.1% | -7.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $413M | $570M | −$157M | -28% |
| Operating profit | $54.0M | $134M | −$80.0M | -60% |
| Costs & expenses | $359M | $436M | −$77.0M | -18% |
| Pre-tax earnings | $41.0M | $105M | −$64.0M | -61% |
| Other expense, net | $13.0M | $29.0M | −$16.0M | -55% |
| Net earnings | $35.0M | $92.0M | −$57.0M | -62% |
| Income tax | $6.0M | $13.0M | −$7.0M | -54% |
| Depreciation & amortization | $68.0M | $67.0M | $1.0M | +1% |
| Share-based compensation | $6.0M | $3.0M | $3.0M | +100% |
| Working capital & other | $13.0M | $17.0M | −$4.0M | -24% |
| Operating cash flow | $122M | $179M | −$57.0M | -32% |
| Capital expenditures | $176M | $150M | $26.0M | +17% |
| Negative free cash flow (OCF − capex) | $54.0M | −$29.0M | $83.0M | — |
Questions
How much did Avista's revenue grow quarter over quarter in Q2 2026?
Avista's revenue fell $157M (-28%) from $570M in Q1 2026 to $413M in Q2 2026. Operating margin 13.1% against 23.5% (-10.4 pts).