Avista Q2 FY26 GAAP net income more than doubled to $35 million

• Avista Q2 GAAP net income more than doubled to $35 million; GAAP diluted EPS more than doubled to $0.43.
• Year-to-date GAAP net income climbed 36.56% to $127 million; GAAP diluted EPS rose 33.91% to $1.54.
• Q2 non-GAAP utility EPS (non-GAAP) was flat at $0.29; year-to-date non-GAAP utility EPS edged up to $1.38.
• Second-quarter results reflected recovery of non-utility investment losses recognized in 2025.
• Affirmed 2026 non-GAAP utility EPS guidance of $2.52 to $2.72, assuming normal weather, a $(0.10) ERM impact, 12% tax rate, $615 million capex.

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