Avista Corp. reported Q3 2026 GAAP net income of $49 million, up from $29 million in Q3 2025, and confirmed 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share.
AVA · Avista Corp
You came from your AI assistant. Add Equibles to it and ask about this data directly, free.
Price & Indicators
Up next
Latest documents
Avista Corp reported net income of $176 million for the nine months ended September 30, 2026, up from $122 million, driven primarily by net investment gains and higher Avista Utilities rate-case results. It also paused large data center applications for at least 12 months.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 3, 2026TL;DR. Avista confirmed its 2026 non-GAAP utility earnings guidance of $2.52–$2.72 per diluted share even as wildfires near Spokane caused transmission/distribution damage, ~7,300 electric and ~5,300 gas customers remain without service, and Q2 GAAP results were lifted by reversing prior non-utility investment losses while management signaled a likely contested Washington rate case settlement.
- + Confirmed 2026 non-GAAP utility earnings guidance of $2.52–$2.72 per diluted share
- + Q2 GAAP net income rose to $35M from $14M on the recovery of prior-year non-utility investment losses
- + Crews restored a key damaged transmission line, reducing risk of further capacity-driven outages
- − CFO expects much of the ~$17M Q2-equity gain from an EIP portfolio IPO to reverse, estimating a ~$13M loss next quarter on July 31 fair value
- − Washington rate case likely will not settle, with hearing in September and order expected mid-December
- − Up to $100M of additional short-term liquidity may be needed by year-end due to increased regulatory deferrals and delayed recovery
- − Data center MOU remains paused and the 500MW project was removed from capital plan upside as affordability/community concerns are worked through
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| available liquidity under letter of credit facility | $59M | As of June 30, 2026 | — |
| available liquidity under the Avista Corp. committed line of credit | $199M | As of June 30, 2026 | — |
| Avista Utilities capital expenditures | $314M | first half of 2026 | — |
| Common stock issued | $58M | first half of 2026 | — |
| Long-term debt issued | $160M | first half of 2026 | — |
| Non-GAAP utility earnings non-GAAP | $23M | Second Quarter 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP net income as reported 35M
-12M Non-regulated other business (income) loss
= Non-GAAP utility earnings 23M
|
|||
| Non-GAAP utility earnings per diluted share non-GAAP | $0.29 | Second Quarter 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP earnings per diluted share as reported $0.43
-$0.14 Non-regulated other business (income) loss per diluted share
= Non-GAAP utility earnings per diluted share $0.29
|
|||
| Shares of common stock issued under sales agency agreements | 1M | the three months ended June 30, 2026 filing | — |
| Total retail customers (electric) | 428,919 | the three months ended June 30, 2026 filing | — |
| Total retail customers (natural gas) | 385,880 | the three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Utilities - Diversified — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AVA
this stock
Avista Corp
|
$3.36B | +6.1% | +1.3% | 13.5 | 4.6% |
|
EONGY
E.On SE
|
$55.68B | +12.5% | — | — | 0.1% |
|
SRE
Sempra
|
$51.80B | -9.6% | +3.9% | 23.0 | 0.0% |
|
BIP
Brookfield Infrastructure Partners L.P.
|
$30.22B | +8.8% | — | — | 0.0% |
|
EDPFY
Edp Energias De Portugal SA
|
$23.26B | +22.3% | — | — | 1.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 4, 2026
- This year
- 21
Avista Corp. reported Q3 2026 GAAP net income of $49 million, up from $29 million in Q3 2025, and confirmed 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AVA | +9.2% | +15.3% | +1.2% | +8.9% | +6.2% |
| SPY | -4.7% | -5.3% | -0.8% | -3.0% | +7.5% |
| vs SPY | +14.0% | +20.6% | +2.1% | +11.9% | -1.3% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.