FINHUB Insights

PNW · Q3 FY25 · Sep 30, 2025

Pinnacle West Capital Q3 FY25: where the revenue came from and where it went

Pinnacle West Capital Q3 FY25: revenue $1.8B (+3% year over year). Net profit $0.4B. Largest cohort Residential $1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Sep 30, 2025
Reported
Nov 3, 2025 10-Q
Sankey diagram of Pinnacle West Capital's income statement for Q3 FY25: revenue of $1.8 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.8B +3% year over year
Gross profit$1.2B 64% margin
Operating profit$0.6B 32% margin
Net profit$0.4B 23% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.8 100% +3%
Residential 1 56%
Non-Residential 0.8 44%
Cost of revenue−0.739%
Gross profit1.264% margin+0pp
Operating expenses−0.632%+0pp
Operating profit0.632% margin+1pp
Tax−0.1
Interest & other costs−0.1
Net profit0.423%+0pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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