Avista Corp. — Third Quarter 2026 Earnings Summary

Avista Corp. reported third-quarter 2026 net income of $49 million and year-to-date net income of $176 million, driven by investment gains in non-regulated businesses and impacts from general rate cases. The company confirmed its 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share, with third-quarter utility earnings reaching $33 million. Avista Utilities incurred $496 million in capital expenditures during the first three quarters of 2026 and expects base capital expenditures to range from $615 million to $800 million annually through 2031. Liquidity as of September 30, 2026, included $168 million available under a committed line of credit and $57 million under a letter of credit facility.