Filing Flows › Idacorp (IDA) › Q3 2025
Idacorp (IDA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Idacorp (IDA) reported revenue of $526M for the third quarter 2025 (Q3 2025), -1% from a year earlier and +17% from the quarter before. Operating margin was 27.5%, net earnings $125M (23.7% of revenue).
Idacorp, Q3 2025: revenue $526M (-1% year over year), operating margin 27.5%, net earnings $125M, operating cash flow $163M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $526M | +17% | -1% |
| Operating profit | $145M | +44% | +8% |
| Net earnings | $125M | +30% | +9% |
| Operating cash flow | $163M | -8% | -19% |
What changed
Revenue was $526.4M in Q3 2025, down 1% year over year and up 17% from the previous quarter. Retail revenues was the largest line at 91% of revenue. Retail revenues lost $8.6M year over year (down 2%), 143% of the total change.
Operating profit was $144.8M, a 27.5% margin (up 2.4 points year over year). Total costs fell 4% while revenue fell 1%. Net earnings were $124.4M, up 10% year over year. The effective tax rate was 5.8%.
Operating cash flow was $162.8M (down 19% year over year), 131% of net earnings. Non-cash charges added back $66.7M of depreciation and amortization. Working capital and other items used $28.5M. Capital expenditures of $290.7M exceeded it, leaving free cash flow of −$127.9M.
Questions
What was Idacorp's revenue in the third quarter 2025?
Idacorp (IDA) reported revenue of $526M for the third quarter 2025 (Q3 2025), -1% from a year earlier and +17% from the quarter before.
Was Idacorp profitable in the third quarter 2025?
Operating profit was $145M (27.5% of revenue) and net earnings $125M.
Source: Idacorp 10-Q on SEC EDGAR.