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Pinnacle West Capital PNW Accounts Receivable

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Other financials

Income statement

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Revenue$1.1B+11.4%
Gross profit$712.9M+9.3%
Operating income$131.2M+129%
Net income$35.1M+10,489%
EPS (diluted)$0.27+775%

Balance sheet

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Cash & equivalents$6.4M-36.2%
Total debt$15.1B+24.8%
Total equity$7.1B+4.9%
Total assets$30.7B+12.7%

Cash flow

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Operating cash flow$235.3M-41.5%
CapEx$628.4M+0.9%
Free cash flow-$393.1M-78.1%

Valuation

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Market cap$12.22B+10.6%
Enterprise value$27.36B+9.3%
P/E18.3×-0.2×
P/S2.2×+0.1×

Profitability

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Gross margin63.5%-1.0pp
Operating margin20.9%+1.7pp
Net margin12.2%+0.6pp
FCF margin-18.9%+14.3pp

Returns & leverage

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Return on equity9.7%+0.3pp
Debt / equity2.1×+0.3×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Pinnacle West Capital in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableGrossCurrent.

The source filing: Pinnacle West Capital’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 8:24 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000764622-26-000025
Line itemMarch 31,2026December 31,2025
ASSETS
CURRENT ASSETS
Cash and cash equivalents$6,409$6,604
Customer and other receivables503,844579,831
Accrued unbilled revenues (Note 4)208,583173,692
Allowance for doubtful accounts (Note 4)(24,626)(25,495)
Materials and supplies (at average cost)543,198546,329
Income tax receivable8,4165,979

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pinnacle West Capital's accounts receivable?
Pinnacle West Capital (PNW) reported accounts receivable of $503.84M in Q1 2026.
How has Pinnacle West Capital's accounts receivable changed year-over-year?
Pinnacle West Capital's accounts receivable increased by 17.0% year-over-year, from $430.73M to $503.84M.
What is the long-term trend for Pinnacle West Capital's accounts receivable?
Over 5 years (2020 to 2025), Pinnacle West Capital's accounts receivable has grown at a 13.1% compound annual growth rate (CAGR), from $313.58M to $579.83M.
What does accounts receivable mean?
Amounts owed by customers for goods delivered or services performed, net of allowances for doubtful accounts. A key working capital component.

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