Pinnacle West Capital

PNW Utilities Market cap $11.6B as of Sep 14, 2026 16:03 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 4, 2026

Revenue$1.46B +7% year over year

Gross profit$0.90B 62% margin

Operating profit$0.31B 21% margin

Net profit$0.18B 12% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.46	100%	+7%
Cost of revenue	−0.56	38%
Gross profit	0.90	62% margin	−3pp
Operating expenses	−0.59	41%	+0pp
Operating profit	0.31	21% margin	−2pp
Interest & other costs	−0.09
Tax	−0.03
Net profit	0.18	12% margin	−2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.15	100%	+11%
Electric	1.12	98%
Wholesale	0.02	1%
Other services	0.01	1%
Cost of revenue	−0.44	38%
Gross profit	0.71	62% margin	−1pp
Operating expenses	−0.58	51%
Operating profit	0.13	11% margin	+6pp
Interest & other costs	−0.10
Net profit	0.04	3% margin	+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.13	100%	+3%
Cost of revenue	−0.42	37%
Gross profit	0.71	63% margin	−1pp
Operating expenses	−0.59	52%	+0pp
Operating profit	0.12	11% margin	+3pp
Interest & other costs	−0.10
Net profit	0.02	2% margin	+2pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.82	100%	+3%
Residential	0.96	53%
Non-Residential	0.77	42%
Wholesale energy sales	0.05	3%
Transmission services	0.04	2%
Other sources	<0.01	0%
Cost of revenue	−0.66	36%
Gross profit	1.17	64% margin	+0pp
Operating expenses	−0.58	32%	+0pp
Operating profit	0.58	32% margin	+1pp
Interest & other costs	−0.09
Tax	−0.08
Net profit	0.42	23% margin	+0pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.03	100%	+8%
Non-Residential	0.53	51%
Residential	0.45	43%
Transmission services	0.03	3%
Wholesale energy sales	0.03	2%
Other sources	0.01	1%
Cost of revenue	−0.38	37%
Gross profit	0.65	63% margin	+1pp
Operating expenses	−0.60	58%	+0pp
Operating profit	0.06	6% margin	−1pp

The table stops at operating profit: the source reports a net profit of exactly zero, which no company earns, and the lines below it are what was used to reach that zero.

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

The balance sheet, capital flow, debt schedule and capital structure open with a free account.

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Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 4, 2026 Operating margin 21% Net profit $0.18B	Apr 1 – Jun 30, 2026	Aug 4, 2026	$1.5B	+7%	21%	$0.18B	12%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 4, 2026 Operating margin 11% Net profit $0.04B	Jan 1 – Mar 31, 2026	May 4, 2026	$1.2B	+11%	11%	$0.04B	3%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 25, 2026 Operating margin 11% Net profit $0.02B	Oct 1 – Dec 31, 2025	Feb 25, 2026	$1.1B	+3%	11%	$0.02B	2%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Nov 3, 2025 Operating margin 32% Net profit $0.42B	Jul 1 – Sep 30, 2025	Nov 3, 2025	$1.8B	+3%	32%	$0.42B	23%
Q1 FY25 Jan 1 – Mar 31, 2025 reported May 1, 2025 Operating margin 6% Net profit –	Jan 1 – Mar 31, 2025	May 1, 2025	$1.0B	+8%	6%	–	–

Financial health

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