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Consolidated Statements of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating Revenues:        
Electric utility revenues $ 449,672 $ 449,819 $ 881,625 $ 898,118
Other 1,208 1,220 1,713 1,857
Total operating revenues 450,880 451,039 883,338 899,975
Operating Expenses:        
Purchased power 88,777 95,383 162,887 207,282
Fuel expense 34,845 22,699 104,246 114,940
Power cost adjustment 28,577 59,156 76,262 81,519
Other operations and maintenance 121,966 110,903 234,973 216,733
Energy efficiency programs 6,115 7,126 11,348 11,416
Depreciation and amortization 61,128 54,732 120,913 108,745
Other electric utility operating expenses, net 8,263 (2,981) 15,943 5,027
Total electric utility operating expenses 349,671 347,018 726,572 745,662
Other 636 752 1,264 1,448
Total operating expenses 350,307 347,770 727,836 747,110
Operating Income 100,573 103,269 155,502 152,865
Nonoperating (Income) Expense:        
Allowance for equity funds used during construction (15,166) (13,279) (29,608) (24,431)
Earnings of unconsolidated equity-method investments (1,306) (1,277) (2,024) (1,902)
Interest on long-term debt and finance leases 44,321 33,308 82,489 66,616
Other interest 7,368 6,075 13,849 11,542
Allowance for borrowed funds used during construction (9,217) (6,920) (16,867) (12,879)
Other income, net (14,872) (12,545) (28,977) (26,710)
Total nonoperating expense, net 11,128 5,362 18,862 12,236
Income Before Income Taxes 89,445 97,907 136,640 140,629
Income Tax (Benefit) Expense (6,681) 8,063 (19,147) 2,517
Net Income 96,126 89,844 155,787 138,112
Income attributable to noncontrolling interests (345) (324) (359) (419)
Net Income Attributable to IDACORP, Inc. $ 95,781 $ 89,520 $ 155,428 $ 137,693
Weighted-average common shares outstanding - basic (in shares) 54,159 52,170 54,135 51,467
Weighted-average common shares outstanding - diluted (in shares) 54,380 52,236 54,249 51,519
Earnings Per Share of Common Stock:        
Earnings attributable to IDACORP, Inc. - basic (in dollars per share) $ 1.77 $ 1.72 $ 2.87 $ 2.68
Earnings attributable to IDACORP, Inc. - diluted (in dollars per share) $ 1.76 $ 1.71 $ 2.87 $ 2.67