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Pinnacle West Capital PNW Other — OPERATING REVENUES (Note 4)

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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$12.3B+11.3%
Enterprise value$27.44B+9.6%
P/E18.4×-0.1×
P/S2.3×+0.2×

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:Revenues.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
OPERATING REVENUES (Note 4)$1,149,597$1,032,280
OPERATING EXPENSES
Fuel and purchased power436,729380,071
Operations and maintenance276,700300,109
Depreciation and amortization239,858234,940
Taxes other than income taxes61,97259,354
Other expense3,164584
Total1,018,423975,058

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pinnacle West Capital's other — OPERATING REVENUES (note 4)?
Pinnacle West Capital (PNW) reported other — OPERATING REVENUES (note 4) of $0 in Q1 2026.
What does other — OPERATING REVENUES (note 4) mean?
Represents the gross revenue generated by non-core business activities or miscellaneous segments that do not fall under the primary utility operations. This metric captures income streams outside of regulated electricity sales and distribution services.

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