Pinnacle West Capital financials
$93.40+2.28%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.46B | $1.15B | $1.13B | $1.82B | $1.36B | $1.03B | $1.10B | $1.77B | $1.31B | $951.7M | $991.6M | $1.64B |
| Gross profit | $897.3M | $712.9M | $707.8M | $1.16B | $881.7M | $652.2M | $699.3M | $1.14B | $871.8M | $593.8M | $615.7M | $1.02B |
| Gross margin | 61.6% | 62.0% | 62.7% | 64.0% | 64.9% | 63.2% | 63.8% | 64.3% | 66.6% | 62.4% | 62.1% | 62.5% |
| Operating income | $305.7M | $131.2M | $121.0M | $581.8M | $307.6M | $57.2M | $84.5M | $547.0M | $313.7M | $66.8M | $43.9M | $526.4M |
| Net income | $178.6M | $32.9M | $15.4M | $413.2M | $192.6M | -$4.6M | -$6.8M | $395.0M | $203.8M | $16.9M | -$23.0K | $398.2M |
| Net margin | 12.3% | 2.9% | 1.4% | 22.7% | 14.2% | −0.4% | −0.6% | 22.3% | 15.6% | 1.8% | 0.0% | 24.3% |
| Diluted EPS | $1.43 | $0.27 | $0.12 | $3.39 | $1.58 | $-0.04 | $-0.06 | $3.37 | $1.76 | $0.15 | $0.00 | $3.50 |
| EBITDA | $842.9M | $391.0M | $359.0M | $620.2M | $750.2M | $307.9M | $329.1M | $588.3M | $649.1M | $401.8M | $43.9M | $1.17B |
| Operating cash flow | $394.0M | $235.3M | $476.8M | $665.0M | $261.4M | $401.9M | $439.5M | $633.2M | $189.8M | $347.4M | $373.8M | $396.3M |
| Free cash flow | -$334.7M | -$393.1M | -$192.7M | $42.0M | -$448.1M | -$220.7M | -$92.1M | -$32.7M | -$344.2M | -$170.4M | -$158.0M | -$48.0K |
| Diluted shares | 124.5M | 123.8M | 124.5M | 122.0M | 121.9M | 119.6M | 117.8M | 117.1M | 115.8M | 114.2M | 114.3M | 113.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $9.1M | $6.4M | $6.6M | $30.9M | $18.8M | $10.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $11.48B | $11.10B | $10.67B | $10.58B | $10.35B | $9.81B |
| Total assets | $32.58B | $30.69B | $30.03B | $29.89B | $29.24B | $27.24B |
| Total liabilities | $25.50B | $23.58B | $22.94B | $22.68B | $22.41B | $20.39B |
| Shareholders' equity | $7.08B | $7.11B | $7.09B | $7.21B | $6.83B | $6.85B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology