AVA AVISTA CORP - 10-Q - (2025-11-05)

AVISTA CORP. Q3 2025 TL;DR

Financial Performance (9 Months Ended Sept 30, 2025): Avista reported improved profitability driven by utility rate recoveries and lower resource costs. Total Operating Revenues grew to $1,431M (vs. $1,405M in 2024), resulting in Net Income of $122M (vs. $113M). Diluted EPS rose to $1.51 (vs. $1.44), successfully outpacing the increased weighted-average share count. The 9-month Effective Tax Rate increased substantially to 10.9% (vs. 2.0%). Q3 performance was particularly strong, with Net Income at $29M (vs. $18M in Q3 2024).

**Balance Sheet & Capit

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