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	Dec 31, 2025	Dec 31, 2024
Revenue	5.34bn	5.12bn
Cost of revenue	1.93bn	1.82bn
Operating expenses	4.27bn	4.11bn
Operating income	1.07bn	1.01bn
Income tax	107m	111m
Net income	617m	609m
Earnings per share	5.15	5.35
Earnings per share, diluted	5.05	5.24
Weighted average shares	120m	114m
Weighted average shares, diluted	122m	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	Dec 31, 2025	Dec 31, 2024
Operating cash flow	1.81bn	1.61bn
Depreciation and amortisation	970m	956m
Share-based compensation	27m	24m
Capital expenditure	2.62bn	2.25bn
Investing cash flow	−2.38bn	−1.93bn
Dividends paid	423m

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