Avista Q2 FY26 GAAP net income more than doubled to $35 million; GAAP EPS rises to $0.43

• Avista posted Q2 GAAP net income of USD 35 million, up from USD 14 million a year earlier; GAAP diluted EPS rose to USD 0.43 from USD 0.17.
• First-half GAAP net income climbed to USD 127 million from USD 93 million; GAAP diluted EPS increased to USD 1.54 from USD 1.15.
• Q2 non-GAAP utility earnings edged down to USD 23 million from USD 24 million; non-GAAP utility EPS held at USD 0.29.
• First-half non-GAAP utility earnings rose to USD 114 million from USD 105 million; non-GAAP utility EPS increased to USD 1.38 from USD 1.30.
• Confirmed 2026 non-GAAP utility EPS guidance of USD 2.52 to USD 2.72, citing disciplined cost management and recovery of 2025 non-utility investment losses.

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