PNW: financial statements from SEC — TradeAlmanac

PNW

Pinnacle West Capital Corporation: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024
Revenue	1.15bn	1.82bn	1.36bn	1.03bn	1.77bn	1.31bn
Cost of revenue	437m	656m	477m	380m	631m	437m
Operating expenses	1.02bn	1.24bn	1.05bn	975m	1.22bn	995m
Operating income	131m	582m	308m	57m	547m	314m
Income tax	1m	78m	35m	−6m	74m	32m
Net income	33m	413m	193m	−5m	395m	204m
Earnings per share	0.27	3.45	1.61	−0.04	3.47	1.79
Earnings per share, diluted	0.27	3.39	1.58	−0.04	3.37	1.76
Weighted average shares	121m	120m	120m	120m	114m	114m
Weighted average shares, diluted	124m	122m	122m	120m	117m	116m

Balance sheet

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	6m	7m	31m	19m	10m	4m	49m	4m
Current assets	1.61bn	1.70bn	2.00bn

Cash flow

Metric	Mar 31, 2026	Mar 31, 2025
Operating cash flow	235m	402m
Depreciation and amortisation	260m	251m
Share-based compensation	8m	7m
Capital expenditure	628m	623m
Investing cash flow	−552m	−586m
Dividends paid	108m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)