AVISTA CORP

AVA ·Utilities, Utilities - Regulated Electric, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $1.96B $1.81B $1.77B $1.58B $1.44B $1.32B $1.36B $1.32B
Electric Utility Revenue $1.17B $1.16B $1.00B $920.4M $870.4M $896.9M $888.8M
Natural Gas Utility Revenue $456.9M $516.6M $464.1M $383.4M $317.5M $330.8M $304.6M
Other Revenue $184.9M $96.1M $108.8M $138.4M $127.2M $131.2M $131.5M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $354.0M $306.0M $258.0M $190.0M $228.2M $232.7M $210.4M $261.1M
Operating Margin 18.0% 16.9% 14.5% 12.1% 15.8% 17.7% 15.5% 19.7%
Interest Expense $103.0M $99.7M
Pretax Income $217.0M $183.0M $137.0M $138.0M $159.4M $136.5M $228.1M $162.7M
Income Tax Expense $24.0M $3.0M $-34.0M $-17.0M $12.0M $7.1M $31.4M $26.1M
Net Income $193.0M $180.0M $171.0M $155.0M $147.3M $129.5M $197.0M $136.4M
Net Margin 9.8% 9.9% 9.6% 9.8% 10.2% 9.8% 14.5% 10.3%
EPS (Basic) $2.38 $2.29 $2.24 $2.13 $2.11 $1.91 $2.98 $2.08
EPS (Diluted) $2.38 $2.29 $2.24 $2.12 $2.10 $1.90 $2.97 $2.07
Shares Outstanding (Basic) 81.0M 78.7M 76.4M 73.0M 70.0M 68.0M 66.2M 65.7M
Shares Outstanding (Diluted) 81.1M 78.8M 76.5M 73.1M 70.1M 68.1M 66.3M 65.9M
Dividends Per Share $1.96 $1.90 $1.84 $1.76 $1.69 $1.62 $1.55 $1.49
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