Pinnacle West Capital Corp

Utilities · Utilities - Regulated Electric

93.30$ -1.0% vs. previous close Closing price · As of: Sep 21, 2026

Statements

Income Statement

Pinnacle West Capital Corp (PNW) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 5,340 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement PNW
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	1,818	1,995	2,131	2,423	3,690	4,551	2,637	2,818	2,900	2,988	3,402	3,524	3,367	3,297	3,264	3,241	3,302	3,455	3,492	3,495	3,499	3,565	3,691	3,471	3,587	3,804	4,324	4,696	5,125	5,340
Cost of Revenue	326	437	538	796	1,935	736	532	862	888	888	1,251	1,435	1,430	1,179	1,917	1,914	1,880	2,020	2,088	1,970	2,007	1,930	2,113	1,984	1,952	2,107	2,616	2,851	2,988	3,983
Gross Profit	1,492	1,559	1,593	1,627	1,755	1,899	1,873	1,897	1,941	2,100	2,150	2,088	1,881	1,975	1,272	1,328	1,422	1,434	1,404	1,526	1,491	1,635	1,578	1,487	1,635	1,697	1,708	1,845	2,137	1,357
Research & Development	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–
Selling, General & Administrative	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	172	175	177	20	191	222	224	232	241	–	–	–	–
Total Operating Expenses	948	1,001	1,026	1,049	1,079	1,223	1,323	1,423	1,423	1,584	1,532	1,469	1,376	1,359	557	581	570	588	593	671	656	725	805	815	847	892	976	1,020	1,125	238
Operating Income	544	558	567	579	676	676	551	473	518	515	619	619	505	616	715	747	852	846	811	855	836	910	774	672	788	805	732	825	1,012	1,118
Interest Expense	0.0	0.0	0.0	0.0	0.0	0.0	0.0	205	196	185	197	213	197	223	228	224	200	187	185	179	186	198	218	217	229	233	256	331	377	422
Pre-Tax Income	340	386	408	438	526	541	353	336	364	350	474	450	279	105	515	539	656	671	644	694	698	766	664	542	648	746	576	596	737	738
Income Tax Expense	129	150	165	168	224	214	138	106	129	127	156	151	65	38	164	184	237	231	221	238	236	258	134	-16	78	110	75	77	111	107
Net Income	181	236	243	168	302	312	149	241	243	176	327	307	242	68	350	339	382	406	398	437	442	488	511	538	551	619	484	502	609	617
EBITDA	1,818	1,995	980	996	1,100	1,132	1,006	937	950	897	1,271	1,023	929	1,073	1,206	1,257	1,337	1,350	1,326	1,444	1,449	1,575	1,534	1,423	1,563	1,698	1,649	1,781	2,070	2,130

Data as of: September 21, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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