Avista Q2 FY26 GAAP net income more than doubled to $35 million; GAAP EPS rises to $0.43
AVA•Non-GAAP utility earnings were mixed
Q2 non-GAAP utility earnings edged down to $23 million from $24 million; non-GAAP utility EPS held at $0.29.
First-half non-GAAP utility earnings rose to $114 million from $105 million; non-GAAP utility EPS increased to $1.38 from $1.30.
Quarterly and first-half GAAP results improved
Avista posted Q2 GAAP net income of $35 million, up from $14 million a year earlier; GAAP diluted EPS rose to $0.43 from $0.17.
First-half GAAP net income climbed to $127 million from $93 million; GAAP diluted EPS increased to $1.54 from $1.15.
2026 guidance was reaffirmed
Avista confirmed 2026 non-GAAP utility EPS guidance of $2.52 to $2.72, citing disciplined cost management and recovery of 2025 non-utility investment losses.
