IDA Q1 2024 Earnings — IDACORP, Inc. Revenue & Financial Results | Market Cap Arena

IDAIDACORP, Inc.

$8B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$449M+4.5% YoY

Gross Profit

$50M11.2% margin

Operating Income

$50M11.0% margin

Net Income

$48M10.7% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$110M

Free Cash Flow

-$150M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$5.4B

Stockholders' Equity

$2.9B

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$449M	$430M	+4.5%
Gross Profit	$50M	$69M	-27.3%
Operating Income	$50M	$68M	-27.2%
Net Income	$48M	$56M	-14.1%

Revenue Segments

Retail revenues

$343M76%

Wholesale energy sales

$38M8%

Derivative revenues

$31M7%

Transmission services (wheeling)

$24M5%

Other revenues

$7M2%

Energy efficiency program revenues

$4M1%

Idaho Fixed Cost Adjustment

$740,0000%