IDACORP, Inc. Announces Second Quarter 2026 Results, Increases Lower-End of Earnings Guidance Range
IDACORP, Inc. (NYSE: IDA) reported second quarter 2026 net income attributable to IDACORP of $102.6 million, or $1.79 per diluted share, compared with $95.8 million, or $1.76 per diluted share, in the second quarter of 2025.
"Continued customer growth along with rate changes and revenues from large contract customers led to strong second quarter results even without recording any additional tax credits for the second quarter under the company's Idaho regulatory mechanism," said IDACORP President and Chief Executive Officer Lisa Grow.
"The first half of 2026 has been a busy one, with 250 MWs of batteries coming online in June, progress on construction of our major transmission and generation projects, and notable new revenues coming in from our large contract customers that will help fund our substantial infrastructure development," Grow added.
IDACORP is increasing the lower-end of its previously reported full-year 2026 earnings guidance to the range of $6.30 to $6.45 per diluted share, with the expectation that Idaho Power will use less than $15 million of additional tax credits available under the Idaho regulatory mechanism in 2026. The earnings guidance assumes normal weather conditions through the end of the year.
