Avista reports Q1 2026 net income rise to $92M, confirms 2026 earnings guidance of $2.52-$2.72/share

Avista Corporation reported a net income of $92 million ($1.11 per diluted share) for Q1 2026, up from $79 million ($0.98 per share) in Q1 2025. The increase was driven by higher utility margins and net investment gains. Avista confirmed its 2026 non-GAAP utility earnings guidance between $2.52 and $2.72 per diluted share, supported by ongoing investments and operational focus. The company expects capital expenditures of $615 million in 2026 and projects long-term utility earnings growth of 4-6%.