Pinnacle West revenue and financials

PNW · NYSE · USD

$98.04+2.17%+$2.08

Close · October 6, 2026

In the fiscal year ended December 2025, Pinnacle West reported revenue of $5.34B (+4.20% year over year). Net income was $631.64M, a net margin of 11.8%.

Annual revenue · 2025: $5.34B
  1. $3.5B2016
  2. $3.57B2017
  3. $3.69B2018
  4. $3.47B2019
  5. $3.59B2020
  6. $3.8B2021
  7. $4.32B2022
  8. $4.7B2023
  9. $5.12B2024
  10. $5.34B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+4.20%
2025 vs 2024
Net income growth
+0.90%
2025 vs 2024
Net margin
11.8%
2024: 12.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue1,4561,1501,1281,8211,3591,0321,0951,7691,3099529921,638
Cost of revenue842713719956764———————
Gross profit614436409865595———————
Selling, general and administrative—————-3.0——————
Operating income306131121582308———————
EBIT31113512458531160.296.855932778.484.5526
EBITDA568395362824553311341805566305302746
Interest expense122116114111102———————
Pre-tax income21236.317.6495232-6.5-2.547324125.17.1460
Income tax31.31.2-0.077.935.0-6.2-0.074.232.43.92.857.0
Net income17932.915.4413193-4.6-6.839520416.9-0.0398
Net income to common shareholders17932.915.4413193-4.6-6.839520416.9-0.0398
Basic EPS1.470.270.133.451.61-0.04-0.063.471.790.15-0.003.51
Diluted EPS1.430.270.123.391.58-0.04-0.063.371.760.15-0.003.50
Average shares (basic)121121120120120120114114114114114113
Average shares (diluted)124124122122122120114117116114114114
Dividend per share0.910.910.910.900.900.900.900.880.880.880.880.87