How does Avista (AVA) make money?

Avista (AVA) generates revenue primarily from Avista Utilities, which accounted for 97.4% of total revenue in TTM through Q1 2026. The company reported $1.92B in revenue and converted 10.7% of it into net profit, equivalent to roughly $206.00M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Avista (AVA)?

Avista (AVA) reported a gross profit margin of 56.1% in TTM through Q1 2026, equivalent to $1.07B in gross profit on $1.92B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Avista (AVA)?

Avista (AVA) reported an operating profit margin of 18.9% in TTM through Q1 2026, equivalent to $363.00M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Avista (AVA)?

Avista (AVA) reported a net profit margin of 10.7% in TTM through Q1 2026, equivalent to $206.00M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Avista (AVA) profitable?

Yes. Avista (AVA) reported $206.00M in net income for TTM through Q1 2026, with a net profit margin of 10.7%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Avista (AVA) spend on capital expenditures?

Avista (AVA) spent $617.00M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 32.2% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Avista (AVA) generate?

Avista (AVA) generated −$153.00M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -8.0%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Avista (AVA)?

Avista (AVA) had an effective tax rate of 10.8% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Avista (AVA)?

Avista (AVA) reports revenue across 2 reportable product segments, led by Avista Utilities at 97.4% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Avista Makes Money: 2026 Visual Revenue Map

Avista (AVA) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 5, 2026).

Avista discloses geographic revenue only in annual filings. to view the full breakdown.

Avista (AVA) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Avista (AVA) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Avista Utilities	$1.87B	97.4%
Alaska Electric Light Power	$49.03M	2.6%
Total	$1.92B	100%

Avista Utilities$1.87B
Alaska Electric Light Power$49.03M
Total$1.92B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Avista (AVA) reports revenue across 2 operating segments; the largest segment was Avista Utilities at 97.4%, followed by Alaska Electric Light Power (2.6%).

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