Pinnacle West Capital Corporation (PNW) Financials

Key financial figures for Pinnacle West Capital Corporation (Q3 2026).

Pinnacle West raised 2026 EPS guidance to $5.05-$5.25 as Q3 diluted EPS rose to $3.49 from $3.39. Q3 2026 net income attributable to common shareholders was $434.2 million, or $3.49 per diluted share, versus $413.2 million, or $3.39 per diluted share, in Q3 2025 (results vs prior year; the release cites no estimate). Operating revenues were $1.97 billion versus $1.82 billion a year earlier; operating income was $620.8 million versus $581.8 million. The release attributes the roughly $21 million earnings increase to higher customer sales and usage, favorable weather versus a year ago and customer growth, partly offset by higher depreciation and amortization and higher interest charges. On the outlook: 2026 consolidated earnings guidance adjusted upward to a range of $5.05 to $5.25 per diluted share. Figures are for Q3 2026, as Pinnacle West Capital Corporation reported them.

Revenue
$2.0B
Net Income
$434M
EPS
$3.58
Total Assets
$33.5B
Operating Cash Flow
$723M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q3 FY2026$2.0B$434M$3.4931.47%-$11M
Q2 FY2026$1.5B$179M$1.4321%-$335M
Q1 FY2026$1.1B$33M$0.2711.41%-$393M
Q4 FY2025$1.1B$15M$0.1210.73%-$193M
Q3 FY2025$1.8B$413M$3.3931.96%$42M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$5.3B$617M$5.0519.99%-$820M
FY2024$5.1B$609M$5.2419.75%-$639M
FY2023$4.7B$502M$4.4117.56%-$639M

Frequently asked questions

What was Pinnacle West Capital Corporation's revenue last quarter?

Pinnacle West Capital Corporation reported revenue of $1.97 billion for Q3 FY2026, up 8.3% from the same period a year earlier.

Is Pinnacle West Capital Corporation profitable?

Yes. Pinnacle West Capital Corporation reported net income of $434.2 million for Q3 FY2026, a net margin of 22.01% on revenue.

How has Pinnacle West Capital Corporation's margin trended?

Operating margin was 31.47% in Q3 FY2026, compared with 31.96% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Pinnacle West Capital Corporation generate?

Pinnacle West Capital Corporation generated free cash flow of -$11.4 million in Q3 FY2026, after capital expenditure.

Full income statement, balance sheet and cash flow for Pinnacle West Capital Corporation on SentiSense, with up to forty quarters and twenty fiscal years of history.