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Idacorp (IDA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Idacorp (IDA) reported revenue of $615M for the third quarter 2026 (Q3 2026), +17% from a year earlier. Operating margin was 29.1%, net earnings $160M (26.1% of revenue).
Idacorp, Q3 2026: revenue $615M (+17% year over year), operating margin 29.1%, net earnings $160M, operating cash flow $199M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $615M | — | +17% |
| Operating profit | $179M | — | +23% |
| Net earnings | $160M | — | +29% |
| Operating cash flow | $199M | — | +22% |
What changed
Revenue was $614.8M in Q3 2026, up 17% year over year. Retail revenues was the largest line at 90% of revenue. Retail revenues added $76.3M year over year (up 16%), 86% of the total change.
Operating profit was $178.7M, a 29.1% margin (up 1.6 points year over year). Of the extra revenue versus Q3 2025, 38% reached operating profit, above the 28% margin then. Total costs grew 14% against revenue growth of 17%. Net earnings were $160.2M, up 29% year over year. The effective tax rate was 1.8%.
Operating cash flow was $199.5M (up 22% year over year), 124% of net earnings. Non-cash charges added back $74.2M of depreciation and amortization. Working capital and other items used $35.2M. Capital expenditures of $369.8M exceeded it, leaving free cash flow of −$170.3M.
Questions
What was Idacorp's revenue in the third quarter 2026?
Idacorp (IDA) reported revenue of $615M for the third quarter 2026 (Q3 2026), +17% from a year earlier.
Was Idacorp profitable in the third quarter 2026?
Operating profit was $179M (29.1% of revenue) and net earnings $160M.
Source: Idacorp 10-Q on SEC EDGAR.