Pinnacle West Capital Quarterly Income Statement
NYSE: PNWUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Pinnacle West Capital revenue and earnings
In the quarter ended Jun 30, 2026, Pinnacle West Capital generated $1.46 billion in revenue, up 7.1% from the same quarter a year earlier. Net income was $180.8 million (-8.2% year over year), for a net margin of 12.4% versus a median of 3.1% in the prior 5 quarters. Gross margin was 61.6% (down from 64.9%) and operating margin 21.0%.
Diluted earnings per share came in at $1.43, down from $1.58.
Summary generated from market data by MetaCap's automated system. Methodology
Pinnacle West Capital income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.46B | 1.15B | 1.13B | 1.82B | 1.36B | 1.03B | 1.10B | 1.77B | 1.31B | 951.71M | 991.57M | 1.64B |
| Revenue growth (YoY) | +7.14% | +11.36% | +2.99% | +2.94% | +3.80% | +8.47% | +10.47% | +8.00% | +16.70% | +0.72% | -1.76% | +11.42% |
| Cost of Revenue | 558.50M | 436.73M | 420.37M | 655.97M | 477.01M | 380.07M | 396.15M | 631.38M | 437.17M | 357.86M | 375.88M | 614.52M |
| Gross Profit | 897.25M | 712.87M | 707.79M | 1.16B | 881.74M | 652.21M | 699.26M | 1.14B | 871.82M | 593.85M | 615.70M | 1.02B |
| Operating Expenses | 591.58M | 581.69M | 586.78M | 582.93M | 574.19M | 594.99M | 614.72M | 590.43M | 558.08M | 527.06M | 541.32M | 506.98M |
| Operating Income | 305.67M | 131.17M | 121.01M | 581.85M | 307.55M | 57.22M | 84.54M | 546.99M | 313.75M | 66.79M | 74.38M | 516.26M |
| Interest Expense | 122.20M | 115.90M | 113.96M | 111.20M | 101.97M | 94.84M | 94.96M | 98.02M | 97.86M | 86.63M | 86.59M | 87.82M |
| Other Income (Expense) | 28.60M | 21.00M | 10.54M | 24.76M | 26.30M | 31.10M | 7.89M | 24.54M | 24.64M | 44.90M | 19.28M | 31.12M |
| Income Tax | 31.30M | 1.17M | -3.00K | 77.89M | 35.02M | -6.18M | -10.00K | 74.23M | 32.42M | 3.89M | 2.79M | 57.05M |
| Net Income | 180.77M | 35.11M | 17.60M | 417.51M | 196.87M | -338.00K | -2.52M | 399.27M | 208.11M | 21.17M | 4.28M | 402.52M |
| Net Income growth (YoY) | -8.18% | — | — | +4.57% | -5.40% | -101.60% | -158.86% | -0.81% | +87.54% | +1997.92% | — | +21.74% |
| EPS (Basic) | 1.47 | 0.27 | 0.13 | 3.45 | 1.61 | -0.04 | -0.06 | 3.47 | 1.79 | 0.15 | 0.00 | 3.51 |
| EPS (Diluted) | 1.43 | 0.27 | 0.12 | 3.39 | 1.58 | -0.04 | -0.04 | 3.37 | 1.76 | 0.15 | 0.00 | 3.50 |
| Shares Outstanding (Basic) | 121.31M | 121.36M | — | 119.62M | 119.52M | 119.59M | — | 113.73M | 113.69M | 113.62M | — | 113.46M |
| Shares Outstanding (Diluted) | 124.49M | 123.78M | — | 121.96M | 121.86M | 119.59M | — | 117.12M | 115.80M | 114.23M | — | 113.84M |
| EBITDA | 563.08M | 391.01M | 358.98M | 821.26M | 549.13M | 307.87M | 329.13M | 793.03M | 552.88M | 293.20M | 292.29M | 735.84M |
| Gross Margin | 61.64% | 62.01% | 62.74% | 63.97% | 64.89% | 63.18% | 63.84% | 64.30% | 66.60% | 62.40% | 62.09% | 62.48% |
| Operating Margin | 21.00% | 11.41% | 10.73% | 31.96% | 22.63% | 5.54% | 7.72% | 30.92% | 23.97% | 7.02% | 7.50% | 31.52% |
| Net Margin | 12.42% | 3.05% | 1.56% | 22.93% | 14.49% | -3.00% | -23.00% | 22.57% | 15.90% | 2.22% | 43.00% | 24.58% |
This table shows 12 quarterly periods of Pinnacle West Capital's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PNW's reporting calendar. What is a income statement?