Pinnacle West Capital Q1 FY26: where the revenue came from and where it went
The whole income statement of Pinnacle West Capital for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 4, 2026
Revenue$1.15B
+11% year over year
Gross profit$0.71B
62% margin
Operating profit$0.13B
11% margin
Net profit$0.04B
3% margin
The numbers
| 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 |
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