AVA (Avista Corporation) Stock Financials & Earnings | Market Cap Arena

AVA (Avista Corporation) Stock Financials & Earnings | Market Cap Arena

AVAAvista Corporation

Mkt Cap$3B

Utilities·Diversified Utilities·🇺🇸 United States·NYSE

Revenue (TTM)$2.0B

Net Income (TTM)$193M

EPS (TTM)$2.38

Free Cash Flow (TTM)$469M

Gross Margin54.6%

Op. Margin18.0%

Net Margin9.8%

FCF Margin23.9%

P/S Ratio (TTM)1.7x

P/E Ratio (TTM)16.9x

YoY Rev Growth+1.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$475M	$282M	$77M
Q2 23	$380M	$239M	$44M
Q3 23	$380M	$231M	$38M
Q4 23	$517M	$297M	$99M
Q1 24	$609M	$316M	$101M
Q2 24	$402M	$258M	$55M
Q3 24	$394M	$252M	$49M
Q4 24	$533M	$314M	$102M
Q1 25	$617M	$361M	$125M
Q2 25	$411M	$281M	$57M
Q3 25	$403M	$288M	$60M
Q4 25	$533M	$142M	$112M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.9x	23.6x
Q2 23	1.9x	22.6x
Q3 23	1.9x	19.8x
Q4 23	1.9x	19.0x
Q1 24	1.7x	17.4x
Q2 24	1.7x	16.9x
Q3 24	1.7x	16.6x
Q4 24	1.7x	18.2x
Q1 25	1.7x	17.4x
Q2 25	1.7x	18.3x
Q3 25	1.7x	17.2x
Q4 25	1.7x	16.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$94M	-$6M
Q2 23	$175M	$49M
Q3 23	$124M	-$9M
Q4 23	$54M	-$86M
Q1 24	$190M	$71M
Q2 24	$127M	-$6M
Q3 24	$127M	-$27M
Q4 24	$90M	-$38M
Q1 25	$184M	$81M
Q2 25	$40M	-$103M
Q3 25	$170M	$37M
Q4 25	$75M	$454M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$100M
Q2 23	$126M
Q3 23	$133M
Q4 23	$139M
Q1 24	$119M
Q2 24	$132M
Q3 24	$154M
Q4 24	$128M
Q1 25	$103M
Q2 25	$143M
Q3 25	$133M
Q4 25	$379M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+2.7%	+5.0%
Q2 23	+0.4%	-5.1%
Q3 23	+5.6%	+0.4%
Q4 23	+1.4%	-6.4%
Q1 24	+28.3%	+27.6%
Q2 24	+5.8%	+3.2%
Q3 24	+3.7%	+1.0%
Q4 24	+3.0%	+3.0%
Q1 25	+1.3%	-3.1%
Q2 25	+2.2%	+2.0%
Q3 25	+2.4%	-0.6%
Q4 25	+0.0%	-2.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	0.5%
Q2 23	$3M	0.9%
Q3 23	$2M	0.4%
Q4 23	$1M	0.3%
Q1 24	$2M	0.3%
Q2 24	$4M	1.0%
Q3 24	$2M	0.5%
Q4 24	$709K	0.1%
Q1 25	$3M	0.5%
Q2 25	$4M	1.0%
Q3 25	$1M	0.2%
Q4 25	$1M	0.2%

OpEx Breakdown

Quarter	SG&A
Q4 23	$41M
Q4 24	$2M
Q3 25	$2M

Revenue Segments

Quarter	Alaska Electric Light Power	Avista Utilities
Q1 23	$14M	$479M
Q2 23	$11M	$369M
Q3 23	$10M	$370M
Q4 23	$13M	$486M
Q1 24	$14M	$595M
Q2 24	$11M	$391M
Q3 24	$10M	$384M
Q4 24	$14M	$518M
Q1 25	$13M	$604M
Q3 25	$9M	$394M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$11M	$0	$11M
Q2 23	$16M	$0	$16M
Q3 23	$9M	$0	$9M
Q4 23	$35M	$0	$35M
Q1 24	$12M	$0	$12M
Q2 24	$15M	$0	$15M
Q3 24	$9M	$0	$9M
Q4 24	$30M	$0	$30M
Q1 25	$17M	$0	$17M
Q2 25	$9M	$0	$9M
Q3 25	$44M	$0	$44M
Q4 25	$19M	$0	$19M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	75M	+0.4%
Q2 23	76M	+1.1%
Q3 23	77M	+0.8%
Q4 23	78M	+1.7%
Q1 24	78M	+0.2%
Q2 24	78M	+0.3%
Q3 24	79M	+0.7%
Q4 24	80M	+1.4%
Q1 25	80M	+0.3%
Q2 25	81M	+0.6%
Q3 25	81M	+0.6%
Q4 25	82M	+0.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$98M	15
FY 15	$868K	2K
FY 16	$828K	2K
FY 17	$829K	2K
FY 18	$791K	2K
FY 19	$749K	2K
FY 20	$736K	2K
FY 21	$795K	2K
FY 22	$945K	2K
FY 23	$943K	2K
FY 24	$994K	2K
FY 25	$1M	2K