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Avista AVA Operating revenues

Discontinued — last reported Q4 '25

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Segments

By segment

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Avista Utilities$555M-8.1%

Other financials

Income statement

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Revenue$570.0M-7.6%
Operating income$134.0M+7.2%
Net income$92.0M+16.5%
EPS (diluted)$1.11+13.3%

Balance sheet

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Cash & equivalents$18.0M+5.9%
Total debt$416.0M+30.8%
Total equity$2.8B+4.8%
Total assets$8.4B+5.5%

Cash flow

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Operating cash flow$179.0M-2.7%
CapEx$150.0M+45.6%
Free cash flow$29.0M-64.2%

Valuation

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Market cap$3.22B+8.9%
Enterprise value$3.62B+11.3%
P/E15.6×-1.0×
P/S1.7×+0.2×

Profitability

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Operating margin18.9%+1.9pp
Net margin10.7%+1.1pp
FCF margin-8%

Returns & leverage

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Return on equity7.6%+0.4pp
Debt / equity0.1×0.0×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Avista in its filing.

Tagged under the XBRL concept us-gaap:RegulatedOperatingRevenue.

The source filing: Avista’s 10-K, filed February 25, 2026.

Filed
Feb 24, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001193125-26-067872
Line item202520242023
Utility revenues:
Utility revenues, exclusive of alternative revenue programs$1,940$1,902$1,746
Alternative revenue programs23355
Total utility revenues1,9631,9371,751
Non-utility revenues111
Total operating revenues1,9641,9381,752
Operating Expenses:
Utility operating expenses:

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Avista's operating revenues?
Avista (AVA) reported operating revenues of $490.75M in Q4 2025.
How has Avista's operating revenues changed year-over-year?
Avista's operating revenues decreased by 7.8% year-over-year, from $532.01M to $490.75M.
What is the long-term trend for Avista's operating revenues?
Over 4 years (2021 to 2025), Avista's operating revenues has grown at a 8.1% compound annual growth rate (CAGR), from $1.44B to $1.96B.
What does operating revenues mean?
This represents the total revenue generated from regulated utility activities, including the delivery of electricity and natural gas to customers under approved tariff rates. It is the primary revenue stream for the utility business segment and reflects the scale of the company's regulated operations. This metric is essential for assessing the overall market reach and service volume of the utility.

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