Quarterly Financial Results for Period Ending June 30, 2026 - This 10-Q reports IDACORP Inc.'s and its subsidiary Idaho Power Company's financial performance for the second quarter and first half of 2026, including consolidated balance sheets, income statements, and cash flow statements Two Reporting Entities - The filing covers both the parent company IDACORP Inc. (incorporated in Idaho) and its…

Our analysis rates this filing CAUTIOUS. Idaho Power faces elevated but manageable regulatory challenges centered on wildfire mitigation cost recovery. The primary concern is regulatory discretion on cost disallowance in two active rate cases, which could create material but not existential earnings…

Concern level: HIGH (6.2/10). Key factors: One high-severity risk identified: Wildfire Mitigation Plan Costs and Regulatory Uncertainty (severity 7/10) with potential for material cost disallowance in 2025 Idaho rate case; Multi-jurisdictional regulatory complexity: Active rate cases in both Idaho and Oregon with contested wildfire mitigation cost recovery, creating earnings visibility…

Notable risk changes: Wildfire mitigation plan costs now explicitly identified as contested regulatory matter in 2025 Idaho rate case, with potential for disallowance creating material earnings risk; Oregon jurisdiction pursuing recovery of 2025 wildfire mitigation plan costs through separate rate case, adding multi-jurisdictional regulatory uncertainty not previously detailed; Idaho fixed cost adjustment netting…

The model predicts IDA will outperform the S&P 500 by about 0.0% over 30 days (model confidence 50%). This is model analysis for research, not investment advice.