Avista Corp Posts 15% Q4 Net Income Rise, Unveils $200M Grid Modernization Plan
Avista Corp reported 15% year-over-year net income growth to $85 million in Q4 2025, with adjusted EPS of $0.68 on a 4% revenue increase to $475 million. Management announced $200 million in 2026 investments targeting grid modernization and renewable energy expansions.
1. Q4 2025 Financial Results
Avista delivered net income of $85 million in Q4 2025, up 15% from a year earlier, driven by a 4% revenue gain to $475 million and operational cost efficiencies that lifted adjusted EPS to $0.68. Utility customer growth and mild weather contributed to higher energy sales volumes.
2. 2026 Strategic Investment Plan
The company outlined a $200 million capital program for 2026, focusing on grid modernization, advanced metering upgrades and new renewable energy assets. Management expects these investments to bolster reliability, support regulatory rate case filings and drive long-term rate base growth.