Filing Flows › Avista (AVA) › Q2 2026
Avista (AVA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 3, 2026
Avista (AVA) reported revenue of $413M for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and -28% from the quarter before. Operating margin was 13.1%, net earnings $35.0M (8.5% of revenue).
Avista, Q2 2026: revenue $413M (+0.5% year over year), operating margin 13.1%, net earnings $35.0M, operating cash flow $122M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $413M | -28% | +0.5% |
| Operating profit | $54.0M | -60% | -5% |
| Net earnings | $35.0M | -62% | +150% |
| Operating cash flow | $122M | -32% | +205% |
What changed
Revenue was $413.0M in Q2 2026, roughly flat year over year and down 28% from the previous quarter.
Operating profit was $54.0M, a 13.1% margin (down 0.8 points year over year). Operating profit fell $3.0M even though revenue rose $2.0M versus Q2 2025, so costs grew faster than sales. Total costs grew 1% against flat revenue. Net earnings were $35.0M, up 150% year over year. The effective tax rate was 14.6%.
Operating cash flow was $122.0M (up 205% year over year), 349% of net earnings. Non-cash charges added back $68.0M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items added $13.0M. Capital expenditures of $176.0M exceeded it, leaving free cash flow of −$54.0M.
Questions
What was Avista's revenue in the second quarter 2026?
Avista (AVA) reported revenue of $413M for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and -28% from the quarter before.
Was Avista profitable in the second quarter 2026?
Operating profit was $54.0M (13.1% of revenue) and net earnings $35.0M.
Source: Avista 10-Q on SEC EDGAR.