Avista Corporation (AVA) Financials
Key financial figures for Avista Corporation (Q3 2026).
Avista's Q3 2026 GAAP net income rose to $49 million ($0.57 per diluted share) from $29 million ($0.36), driven by investment gains at its non-regulated businesses, while non-GAAP utility earnings edged up to $0.38 per share from $0.37. GAAP net income was $49 million, or $0.57 per diluted share, versus $29 million, or $0.36, in Q3 2025. Management attributed the increase primarily to investment performance at the other businesses: equity method earnings were $23 million versus $1 million a year earlier. Non-GAAP utility earnings, which exclude the non-regulated other business, were $33 million, or $0.38 per diluted share, versus $30 million, or $0.37. Avista Utilities contributed a $3 million, or $0.01 per share, increase; AEL&P was flat. On the outlook: Confirmed 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share (unchanged), assuming normal weather for the rest of the year, a negative ERM impact of $0.09 per diluted share, a 12 percent effective tax rate and 2026 capital expenditures of $615 million. Figures are for Q3 2026, as Avista Corporation reported them.
- Revenue
- $421M
- Net Income
- $49M
- EPS
- $0.58
- Total Assets
- $8.7B
- Operating Cash Flow
- $134M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $421M | $49M | $0.57 | 15.68% | -$51M |
| Q2 FY2026 | $413M | $35M | $0.43 | 13.08% | -$54M |
| Q1 FY2026 | $570M | $92M | $1.11 | 23.51% | $29M |
| Q4 FY2025 | $533M | $71M | $0.87 | 21.01% | -$116M |
| Q3 FY2025 | $403M | $29M | $0.36 | 14.89% | $37M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.0B | $193M | $2.38 | 18.02% | -$101M |
| FY2024 | $1.9B | $180M | $2.29 | 15.79% | $1M |
| FY2023 | $1.8B | $171M | $2.24 | 14.71% | -$52M |
Frequently asked questions
What was Avista Corporation's revenue last quarter?
Avista Corporation reported revenue of $421.0 million for Q3 FY2026, up 4.5% from the same period a year earlier.
Is Avista Corporation profitable?
Yes. Avista Corporation reported net income of $49.0 million for Q3 FY2026, a net margin of 11.64% on revenue.
How has Avista Corporation's margin trended?
Operating margin was 15.68% in Q3 FY2026, compared with 14.89% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Avista Corporation generate?
Avista Corporation generated free cash flow of -$51.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Avista Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.