Avista Corp (AVA) Financial Statements
Industry: Electric & Other Services Combined
In fiscal 2025, Avista reported revenue of $1.96B, up 1.3% from $1.94B the year before. Net income was $193.0M (a 9.8% net margin), or $2.38 per diluted share. Gross margin was 18.0% and operating margin was 18.0%. Operating activities generated $469.0M of cash, leaving -$101.0M of free cash flow. At fiscal year end, Avista held $8.36B in total assets against $5.65B in total liabilities, including $19.0M of cash and equivalents.
Open the full interactive Avista financials → Quarterly statements, key ratios, valuation history and price charts.
Avista Key Stats
| Share Price | $36.22 |
|---|---|
| Market Cap | $3.01B |
| P/E Ratio | 15.2 |
| Dividend Yield | 5.35% |
| Revenue YoY Growth | +1.3% |
| 52-Week Range | $34.79 – $41.89 |
| Shares Outstanding | 83.1 million (basic, 2026 Q2) |
Avista Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.32B | $1.44B | $1.71B | $1.75B | $1.94B | $1.96B |
| Cost of Goods Sold | $1.09B | $1.21B | $1.52B | $1.49B | $1.63B | $1.61B |
| Gross Profit | $232.7M | $228.2M | $190.2M | $257.7M | $306.0M | $354.0M |
| Operating Income | $232.7M | $228.2M | $190.2M | $257.7M | $306.0M | $354.0M |
| Pre-Tax Income | $136.5M | $159.4M | $138.0M | $137.6M | $183.0M | $217.0M |
| Income Tax | $7.1M | $12.0M | -$17.2M | -$33.6M | $3.0M | $24.0M |
| Net Income | $129.5M | $147.3M | $155.2M | $171.2M | $180.0M | $193.0M |
| Diluted EPS | $1.90 | $2.10 | $2.12 | $2.24 | $2.29 | $2.38 |
Avista Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $403.0M | $533.0M | $570.0M | $413.0M |
| Net Income | $29.0M | $71.0M | $92.0M | $35.0M |
| Diluted EPS | $0.36 | $0.88 | $1.11 | $0.43 |
Avista Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $14.2M | $22.2M | $13.4M | $35.0M | $30.0M | $19.0M |
| Current Assets | $344.0M | $434.5M | $721.8M | $661.8M | $656.0M | $729.0M |
| Total Assets | $6.40B | $6.85B | $7.42B | $7.70B | $7.94B | $8.36B |
| Current Liabilities | $505.9M | $913.1M | $964.5M | $775.2M | $771.0M | $878.0M |
| Total Long-Term Debt | $2.01B | $2.15B | $2.29B | $2.63B | $2.62B | $2.76B |
| Total Liabilities | $4.37B | $4.70B | $5.08B | $5.22B | $5.35B | $5.65B |
| Shareholders' Equity | $2.03B | $2.15B | $2.33B | $2.49B | $2.59B | $2.71B |
Avista Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $331.0M | $267.3M | $124.2M | $447.1M | $534.0M | $469.0M |
| Cash From Investing | -$410.7M | -$444.9M | -$460.2M | -$510.4M | -$539.0M | -$564.0M |
| Cash From Financing | $84.0M | $185.5M | $327.3M | $84.9M | — | $84.0M |
| Free Cash Flow | -$73.3M | -$172.6M | -$327.8M | -$51.6M | $1.0M | -$101.0M |
| Dividends Paid | $110.3M | $118.2M | $129.1M | $140.9M | $150.0M | $159.0M |
Figures from Avista's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Avista financials page for every line item.
Avista Company Profile
| Ticker | AVA |
|---|---|
| Exchange | NYSE |
| Industry | Electric & Other Services Combined |
| Headquarters | Spokane, Washington |
| Incorporated in | Washington |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000104918 |
Frequently Asked Questions
What was Avista's revenue in fiscal 2025?
Avista (AVA) reported revenue of $1.96B for fiscal 2025.
What is Avista's annual revenue history?
Avista's annual revenue by fiscal year: 2020: $1.32B; 2021: $1.44B; 2022: $1.71B; 2023: $1.75B; 2024: $1.94B; 2025: $1.96B.
What was Avista's net income in fiscal 2025?
Avista reported net income of $193.0M for fiscal 2025.
What was Avista's earnings per share (EPS) in fiscal 2025?
Avista's diluted EPS was $2.38 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Avista generate in fiscal 2025?
Avista generated -$101.0M of free cash flow in fiscal 2025.
What was Avista's revenue last quarter?
In its most recent reported quarter (2026 Q2), Avista reported revenue of $413.0M.
How much debt does Avista have?
Avista reported $2.76B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Avista are outstanding?
Avista reported a weighted average of 83.1 million basic shares outstanding in 2026 Q2.
What is Avista's market cap?
Based on its latest closing price, Avista (AVA) has a market capitalization of about $3.01B.
When does Avista's fiscal year end?
Avista's fiscal year end, as registered with the SEC, is December 31.
Where is Avista headquartered?
Avista lists its business address in Spokane, Washington in its SEC filings.