Avista Corporation reported second quarter 2026 GAAP net income of $35 million, or $0.43 per diluted share, compared to $14 million and $0.17 per share in the prior year period. Year-to-date GAAP net income reached $127 million, or $1.54 per diluted share, up from $93 million and $1.15 per share in 2025. Non-GAAP utility earnings were $23 million for the quarter and $114 million year-to-date, both flat with prior-year figures at $0.29 and $1.38 per diluted share respectively. The company confirmed its full-year 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share. Avista Corp. operates in the energy industry, providing electric service to approximately 429,000 customers and natural gas to 386,000 customers across eastern Washington, northern Idaho, and parts of Oregon.

Jason R. Thackston, Senior Vice President of Growth, Energy Policy and External Relations, announced his retirement from Avista Corporation effective January 1, 2027, to become the Vice President of Finance and Administration and Chief Financial Officer at Whitworth University. The departure is not due to any disagreement with management or the Board of Directors. Avista Corp. is a utility company providing energy services.

Avista Corporation paused negotiations regarding energy services for a potential large data center developer following community concerns regarding a previous Memorandum of Understanding. The company is seeking to partner with governmental agencies to establish a coordinated planning process for evaluating energy requests from new large data center developers. Avista Corp. is a utility company providing energy services.