AVISTA CORP

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

AVA$40.06-0.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Equity

Dollars in millions, except per share amounts

	2025	2024	2023
Common Stock, Shares (in thousands):
Shares outstanding at beginning of year	80,039	78,075	74,946
Shares issued through equity compensation plans	148	147	118
Shares issued through Employee Investment Plan	13	13	12
Shares issued through sales agency agreements	1,993	1,804	2,999
Shares outstanding at end of year	82,193	80,039	78,075
Common Stock, Amount:
Balance at beginning of year	$1,720	$1,644	$1,525
Equity compensation expense	8	8	7
Issuance of common stock through equity compensation plans	1	1	1
Issuance of common stock through sales agency agreements, net of issuance costs	78	68	112
Payment of minimum tax withholdings for share-based payment awards	(2)	(1)	(1)
Balance at end of year	1,805	1,720	1,644
Accumulated Other Comprehensive (Loss) Income:
Balance at beginning of year	—	—	(2)
Other comprehensive (loss) income	(1)	—	2
Balance at end of year	(1)	—	—
Retained Earnings:
Balance at beginning of year	871	841	812
Net income	193	180	171
Dividends on common stock	(159)	(150)	(142)
Balance at end of year	905	871	841
Total equity	$2,709	$2,591	$2,485
Dividends declared per common share	$1.96	$1.90	$1.84

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.