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Idacorp (IDA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Idacorp (IDA) reported revenue of $470M for the second quarter 2026 (Q2 2026), +4% from a year earlier. Operating margin was 27.8%, net earnings $103M (21.9% of revenue).
Idacorp, Q2 2026: revenue $470M (+4% year over year), operating margin 27.8%, net earnings $103M, operating cash flow $103M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $470M | — | +4% |
| Operating profit | $131M | — | +30% |
| Net earnings | $103M | — | +7% |
| Operating cash flow | $103M | — | -42% |
What changed
Revenue was $469.8M in Q2 2026, up 4% year over year. Retail revenues was the largest line at 92% of revenue. Retail revenues added $33.1M year over year (up 8%), 175% of the total change. Wholesale energy sales declined 77%.
Operating profit was $130.5M, a 27.8% margin (up 5.5 points year over year). Of the extra revenue versus Q2 2025, 158% reached operating profit, above the 22% margin then. Total costs fell 3% while revenue rose 4%. Net earnings were $102.6M, up 7% year over year. The effective tax rate was 12.2%.
Operating cash flow was $103.2M (down 42% year over year), 100% of net earnings. Non-cash charges added back $68.8M of depreciation and amortization. Working capital and other items used $68.5M. Capital expenditures of $436.5M exceeded it, leaving free cash flow of −$333.3M.
Questions
What was Idacorp's revenue in the second quarter 2026?
Idacorp (IDA) reported revenue of $470M for the second quarter 2026 (Q2 2026), +4% from a year earlier.
Was Idacorp profitable in the second quarter 2026?
Operating profit was $131M (27.8% of revenue) and net earnings $103M.
Source: Idacorp 10-Q on SEC EDGAR.