Filing Flows › Idacorp (IDA) › Q2 2025
Idacorp (IDA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Idacorp (IDA) reported revenue of $451M for the second quarter 2025 (Q2 2025), 0% from a year earlier and +4% from the quarter before. Operating margin was 22.3%, net earnings $96.1M (21.3% of revenue).
Idacorp, Q2 2025: revenue $451M (0% year over year), operating margin 22.3%, net earnings $96.1M, operating cash flow $177M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $451M | +4% | 0% |
| Operating profit | $101M | +83% | -3% |
| Net earnings | $96.1M | +61% | +7% |
| Operating cash flow | $177M | +42% | +21% |
What changed
Revenue was $450.9M in Q2 2025, roughly flat year over year and up 4% from the previous quarter. Retail revenues was the largest line at 89% of revenue. Wholesale energy sales lost $5.4M year over year (down 26%), 3376% of the total change.
Operating profit was $100.6M, a 22.3% margin (down 0.6 points year over year). Total costs grew 1% against flat revenue. Net earnings were $95.8M, up 7% year over year. The effective tax rate was -7.5%.
Operating cash flow was $176.9M (up 21% year over year), 184% of net earnings. Non-cash charges added back $62.7M of depreciation and amortization. Working capital and other items added $18.1M. Capital expenditures of $333.3M exceeded it, leaving free cash flow of −$156.4M.
Questions
What was Idacorp's revenue in the second quarter 2025?
Idacorp (IDA) reported revenue of $451M for the second quarter 2025 (Q2 2025), 0% from a year earlier and +4% from the quarter before.
Was Idacorp profitable in the second quarter 2025?
Operating profit was $101M (22.3% of revenue) and net earnings $96.1M.
Source: Idacorp 10-Q on SEC EDGAR.