IDACORP's net income increased by $11.4 million in the first quarter of 2025 compared to the first quarter of 2024, primarily due to higher net income at Idaho Power. This was supported by an increase in Idaho base rates and customer growth, partially offset by higher O&M expenses and a decrease in wholesale energy revenues.

IDACORP, Inc. reported net income of $37.9 million for Q4 2024, a 21% increase from the prior year. Earnings per diluted share rose to $0.70 from $0.61 in Q4 2023. The company's financial performance was supported by strong customer growth, higher base rates, and favorable weather conditions, while higher depreciation and financing costs partially offset these gains.

IDACORP's third quarter 2024 net income attributable to IDACORP was $113.6 million, or $2.12 per diluted share, compared to $105.3 million, or $2.07 per diluted share, in the third quarter of 2023. The company is increasing the lower-end of its previously reported full-year 2024 earnings guidance to the range of $5.35 to $5.45 per diluted share.

IDACORP's second quarter 2024 net income attributable to IDACORP was $89.5 million, or $1.71 per diluted share, compared to $68.6 million, or $1.35 per diluted share, in the second quarter of 2023. The company is increasing the lower-end of its previously reported full-year 2024 earnings guidance to the range of $5.30 to $5.45 per diluted share.

IDACORP's first quarter 2024 net income decreased compared to the first quarter of 2023, primarily due to lower usage per customer because of weather conditions, and by higher depreciation and interest expense from system investments, despite benefits from rate changes and customer growth. The company reaffirms its 2024 earnings guidance.

IDACORP's Q4 2023 net income was $31.3 million, or $0.61 per diluted share, compared to $42.1 million, or $0.83 per diluted share, in Q4 2022. The decrease was primarily due to lower net income at Idaho Power, influenced by milder weather, increased O&M expenses, and higher depreciation costs, partially offset by customer growth and FCA mechanism revenues.

IDACORP's Q3 2023 net income was $105.3 million, a slight decrease from $106.4 million in Q3 2022. The company is raising the bottom-end of its full-year 2023 earnings guidance to $5.05 to $5.15 per diluted share.

IDACORP reported a net income of $68.6 million, or $1.35 per diluted share, for the second quarter of 2023, compared to $64.3 million, or $1.27 per diluted share, for the second quarter of 2022. The company is reaffirming its full-year 2023 earnings guidance in the range of $4.95 to $5.15 per diluted share.

IDACORP's first quarter 2023 net income attributable to IDACORP was $56.1 million, or $1.11 per diluted share, compared to $46.3 million, or $0.91 per diluted share, in the first quarter of 2022. The increase was primarily due to higher net income at Idaho Power, driven by customer growth, increased transmission services revenue, and a regulatory order from June 2022.

IDACORP's Q4 2022 net income attributable to IDACORP was $42.1 million, or $0.83 per diluted share, compared to $32.8 million, or $0.65 per diluted share, in Q4 2021. The increase was primarily due to higher net income at Idaho Power, driven by customer growth, increased sales volumes, and transmission wheeling-related revenues.

IDACORP reported a net income of $106.4 million, or $2.10 per diluted share, for the third quarter of 2022, compared to $97.9 million, or $1.93 per diluted share, in the third quarter of 2021. The increase was primarily due to higher net income at Idaho Power, driven by customer growth, increased retail sales from hotter weather, and higher transmission wheeling revenues. The company is increasing its full-year 2022 earnings guidance to $5.05 to $5.15 per diluted share.

IDACORP's second quarter 2022 net income attributable to IDACORP was $64.3 million, or $1.27 per diluted share, compared to $70.0 million, or $1.38 per diluted share, in the second quarter of 2021. The company is increasing the bottom-end of its previously reported full-year 2022 earnings guidance to the range of $4.95 to $5.05 per diluted share.

IDACORP Inc. reported a net income of $46.3 million, or $0.91 per diluted share, for the first quarter of 2022, compared to $44.8 million, or $0.89 per diluted share, for the same period in 2021. The increase was primarily due to higher net income at Idaho Power, driven by customer growth, increased usage per customer, and strong transmission wheeling revenues.

IDACORP's net income decreased $4.7 million for the fourth quarter of 2021 compared with the fourth quarter of 2020 due primarily to lower net income at Idaho Power. However, earnings per share have increased for 14 consecutive years. Strong customer growth and higher weather-related usage contributed to solid 2021 results.

IDACORP reported a decrease in net income for the third quarter of 2021 compared to the same period in 2020, primarily driven by lower net income at Idaho Power. Customer growth was offset by the FCA mechanism and increased O&M expenses. However, the company tightened its full-year earnings guidance upward.

IDACORP's second quarter 2021 net income attributable to IDACORP was $70.0 million, or $1.38 per diluted share, compared to $60.4 million, or $1.19 per diluted share, in the second quarter of 2020. The increase was primarily due to higher net income at Idaho Power, driven by customer growth and increased sales volumes on a per-customer basis.

IDACORP's first quarter 2021 net income attributable to IDACORP was $44.8 million, or $0.89 per diluted share, compared to $37.5 million, or $0.74 per diluted share, in the first quarter of 2020. Customer count grew 2.9% over the past twelve months.

IDACORP reported a decrease in net income for the fourth quarter of 2020, primarily driven by lower net income at Idaho Power and IDACORP Financial Services. Customer growth and higher sales volumes per customer partially offset these declines. The company is initiating its full-year 2021 earnings guidance in the range of $4.60 to $4.80 per diluted share.

IDACORP reported a net income of $102.0 million, or $2.02 per diluted share, for the third quarter of 2020, compared to $89.9 million, or $1.78 per diluted share, for the same period in 2019. Strong customer growth at Idaho Power, along with higher transmission-related revenues, drove the company's success. The company has tightened upward its previously reported full-year 2020 earnings guidance to the range of $4.55 to $4.65 per diluted share.

IDACORP reported a net income of $60.4 million, or $1.19 per diluted share, for the second quarter of 2020, compared to $53.2 million, or $1.05 per diluted share, for the same period in 2019. The increase was primarily due to higher net income at Idaho Power.

IDACORP Inc. reported first quarter 2020 net income attributable to IDACORP of $37.5 million, or $0.74 per diluted share, compared to $42.7 million, or $0.84 per diluted share, in the first quarter of 2019. The company affirms its full year 2020 earnings guidance in the range of $4.45 to $4.65 per diluted share.

IDACORP's Q4 2019 net income attributable to IDACORP was $47.1 million, or $0.93 per diluted share, compared to $26.1 million, or $0.52 per diluted share, in Q4 2018. The increase was primarily due to higher net income at Idaho Power, driven by customer growth and effective cost management.