Filing Flows › Idacorp (IDA) › Q4 2025
Idacorp (IDA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Idacorp (IDA) reported revenue of $405M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and -23% from the quarter before. Operating margin was 13.2%, net earnings $43.7M (10.8% of revenue).
Idacorp, Q4 2025: revenue $405M (+2% year over year), operating margin 13.2%, net earnings $43.7M, operating cash flow $138M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $405M | -23% | +2% |
| Operating profit | $53.7M | -63% | +30% |
| Net earnings | $43.7M | -65% | +15% |
| Operating cash flow | $138M | -15% | +1% |
What changed
Revenue was $405.2M in Q4 2025, up 2% year over year and down 23% from the previous quarter.
Operating profit was $53.7M, a 13.2% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 174% reached operating profit, above the 10% margin then. Total costs fell 1% while revenue rose 2%. Net earnings were $43.6M, up 15% year over year. The effective tax rate was -5.4%.
Operating cash flow was $137.8M (up 1% year over year), 315% of net earnings. Non-cash charges added back $68.1M of depreciation and amortization. Working capital and other items added $25.9M. Capital expenditures of $354.0M exceeded it, leaving free cash flow of −$216.2M.
Questions
What was Idacorp's revenue in the fourth quarter 2025?
Idacorp (IDA) reported revenue of $405M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and -23% from the quarter before.
Was Idacorp profitable in the fourth quarter 2025?
Operating profit was $53.7M (13.2% of revenue) and net earnings $43.7M.
Source: Idacorp 10-K on SEC EDGAR.