Idacorp (IDA) Operating Expenses (2009 - 2026)
Idacorp (IDA) posted quarterly Operating Expenses of $322.2 million for Q1 2026, down 14.51% year-over-year from $376.9 million in Q1 2025, and down 7.73% quarter-over-quarter from $349.2 million in Q4 2025.
Idacorp (IDA) Operating Expenses (2009 - 2026) Analysis & Trends
Idacorp (IDA) has reported Operating Expenses for 18 consecutive years, with $322.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 14.51% year-over-year to $322.2 million; the TTM figure through Mar 2026 stood at $1.4 billion (down 4.83% YoY), while the FY2025 annual figure was $1.5 billion, down 2.72% from the prior year.
- Operating Expenses declined to $322.2 million in Q1 2026 per IDA's latest filing, from $349.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $398.6 million in Q1 2024 and bottomed at $277.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $355.2 million across 5 years, with a median of $360.5 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 30.18% — and 2026, when it dropped 14.51%.
- Idacorp's Operating Expenses stood at $365.1 million in 2022, then advanced by 2.5% to $374.2 million in 2023, then decreased by 5.72% to $352.9 million in 2024, then retreated by 1.04% to $349.2 million in 2025, then retreated by 7.73% to $322.2 million in 2026.
- Business Quant data shows IDA's Operating Expenses at $322.2 million in Q1 2026, $349.2 million in Q4 2025, and $379.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.09 Bn | 75.27 Bn | - | - |
| 2 | Dominion Energy | 58.78 Bn | 57.99 Bn | 3.50 Bn | 4.15 Bn |
| 3 | Xcel Energy | 48.01 Bn | 46.00 Bn | 3.12 Bn | 2.41 Bn |
| 4 | Wec Energy | 34.86 Bn | 34.81 Bn | 1.45 Bn | 1.63 Bn |
| 5 | Ameren | 29.60 Bn | 29.59 Bn | - | 1.63 Bn |
| 6 | Fortis | 28.22 Bn | 28.22 Bn | 1.60 Bn | 1.54 Bn |
| 7 | Edison International | 27.69 Bn | 27.45 Bn | 3.29 Bn | 3.27 Bn |
| 8 | Firstenergy | 26.63 Bn | 26.44 Bn | 2.51 Bn | 3.00 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Idacorp | 7.70 Bn | 7.62 Bn | 336.13 Mn | 339.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 322.20 Mn |
| Dec 31, 2025 | 349.19 Mn |
| Sep 30, 2025 | 379.60 Mn |
| Jun 30, 2025 | 350.31 Mn |
| Mar 31, 2025 | 376.90 Mn |
| Dec 31, 2024 | 352.86 Mn |
| Sep 30, 2024 | 394.82 Mn |
| Jun 30, 2024 | 347.77 Mn |
| Mar 31, 2024 | 398.64 Mn |
| Dec 31, 2023 | 374.25 Mn |
| Sep 30, 2023 | 384.62 Mn |
| Jun 30, 2023 | 331.54 Mn |
| Mar 31, 2023 | 360.51 Mn |
| Dec 31, 2022 | 365.12 Mn |
| Sep 30, 2022 | 389.79 Mn |
| Jun 30, 2022 | 277.22 Mn |
| Mar 31, 2022 | 282.76 Mn |
| Dec 31, 2021 | 280.48 Mn |
| Sep 30, 2021 | 322.17 Mn |
| Jun 30, 2021 | 267.67 Mn |