Avista Corp. Reports Q3 2026 Financial Results, Confirms 2026 Utility Earnings Guidance
Globe Newswire•04/11/2026•07:05 ET
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Key Highlights
- ➤Q3 GAAP net income $49 million versus $29 million year over year
- ➤Q3 utility earnings $0.38 per diluted share versus $0.37
- ➤2026 utility earnings guidance reaffirmed at $2.52-$2.72 per diluted share
- ➤2026 capital expenditures expected at $615 million
- ➤Short-term loan of up to $100 million planned by year-end 2026
Expert Statements
Heather Rosentrater, President and CEO of Avista
“Utility earnings for the third quarter remain on track for the year. Through our ongoing focus on strategic execution and cost management, we continue to expect to be at the midpoint of our non-GAAP utility earnings guidance for 2026,”
SPOKANE, Wash., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today reported the following results for the third quarter of 2026 and the nine months ended Sept. 30, 2026 as compared to the respective periods in 2025 (dollars in millions, except per-share amounts):(1)
Third QuarterYear-to-Date 2026202520262025 Net income based on GAAP$ 49$ 29$ 176$ 122 Earnings per diluted share based on GAAP$ 0.57$ 0.36$ 2.11$ 1.51 Non-GAAP utility earnings (1)$ 33$ 30$ 147$ 135 Non-GAAP utility earnings per diluted share (1)$ 0.38$ 0.37$ 1.76$ 1.67
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