Inferra AI / Company / PNW
Pinnacle West Capital
PNW · Utilities
Last earnings Aug 4, 2026 · Next earnings Nov 3, 2026
Key results
Net incomequarter
$32.9 million
(NYSE PNW) today reported consolidated net income attributable to common shareholders of $32.9 million, or $0.27 per diluted share of common stock, for the quarter ended March 31, 2026.
SEC original ↗Pinnacle West Capital — Earnings release (8-K exhibit)EX-99May 4, 2026
Revenuequarter
$11M
2 Includes reduction of accrued unbilled revenues of $11M in January 2025.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
Total revenuequarter
$109
) $109 Total Revenue Requirement $694 Adjustor Transfers $(83) Net Revenue Increase $611 Customer Net Revenue Impact on Day 1 14.75% Additional details APS has requested rates become effective in the second half of 2026 Docket number: E-01345A-25-0105 Additional details, including filing, can be found at http://www.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
Net revenuequarter
$611
) $109 Total Revenue Requirement $694 Adjustor Transfers $(83) Net Revenue Increase $611 Customer Net Revenue Impact on Day 1 14.75% Additional details APS has requested rates become effective in the second half of 2026 Docket number: E-01345A-25-0105 Additional details, including filing, can be found at http://www.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
Customer Net revenuequarter
14.75%
) $109 Total Revenue Requirement $694 Adjustor Transfers $(83) Net Revenue Increase $611 Customer Net Revenue Impact on Day 1 14.75% Additional details APS has requested rates become effective in the second half of 2026 Docket number: E-01345A-25-0105 Additional details, including filing, can be found at http://www.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
AI analysis
Q1 2026 · reported May 4, 2026
Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $32.9 million | — | — |
| Revenue | $11M | — | — |
| Total revenue | $109 | — | — |
| Net revenue | $611 | — | — |
| Customer Net revenue | 14.75% | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
$3.8B Cash from Operations1 Total Capital Investment $2.6B-$2.9B APS Debt2 $300M-$350M PNW Debt2 1 Cash from operations is net of shareholder dividends.
2 APS and PNW debt issuance is net of maturities.
Event summary
The results reflect an increase of approximately $38 million, primarily as a result of higher transmission revenues lower operations and maintenance expenses the effects of weather and customer growth, usage and related pricing
Based on: Earnings release + Q1 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
$3.8B Cash from Operations1 Total Capital Investment $2.6B-$2.9B APS Debt2 $300M-$350M PNW Debt2 1 Cash from operations is net of shareholder dividends.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
2 APS and PNW debt issuance is net of maturities.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
5 Excludes refinancing of existing term loan.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
Debt and Liquidity Matters 25 Note 7 .
SEC original ↗Pinnacle West Capital — 10-Q Quarterly report10-QAug 4, 2026
Strategy & priorities
com PINNACLE WEST REPORTS 2026 FIRST-QUARTER FINANCIAL RESULTS Hotter-than-normal weather drives increase in customer sales and usage Customer growth of 2.2% continues to underscore a strong Arizona economy APS employees focus on critical summer preparedness and reliability PHOENIX Pinnacle West Capital Corp.
SEC original ↗Pinnacle West Capital — Earnings release (8-K exhibit)EX-99May 4, 2026
Additionally, employees are staying focused on the critical preparations needed to ensure reliable power throughout the upcoming peak summer season.
SEC original ↗Pinnacle West Capital — Earnings release (8-K exhibit)EX-99May 4, 2026
Whether it s enhancing the company s already vigorous wildfire mitigation program, running emergency operations drills, securing critical spare equipment, or performing preventative maintenance across power plants, substations and other infrastructure, the company s top priority remains delivering safe and reliable power for all our customers, especially during the upcoming summer months, he said.
SEC original ↗Pinnacle West Capital — Earnings release (8-K exhibit)EX-99May 4, 2026
These forward-looking statements are often identified by words such as estimate, predict, may, believe, plan, expect, require, intend, assume, project, anticipate, goal, seek, strategy, likely, should, will, could, and similar words.
SEC original ↗Pinnacle West Capital — Earnings release (8-K exhibit)EX-99May 4, 2026
These forward-looking statements are often identified by words such as estimate, predict, may, believe, plan, expect, require, intend, assume, project, "anticipate," "goal," "seek," "strategy," "likely," "should," "will," "could," and similar words.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
Risks & headwinds
August 12 Last day to submit informal challenge(s).
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
August 19 Informal challenge(s) resolution deadline August 31 Adjusted annual update posted September 1 Last day for data requests and to submit formal challenge(s) September 22 Staff Report (if no hearing) October 31 Commission Decision (if necessary) Before December 1 Rate Effective Date First billing cycle in December 16 2025 APS Rate Case - Testimony Summaries 1.
SEC original ↗Pinnacle West Capital — Presentation / slide deck (8-K exhibit)EX-99May 4, 2026
Legal Proceedings 103 Item 1A.
SEC original ↗Pinnacle West Capital — 10-Q Quarterly report10-QAug 4, 2026
When determining if a project is probable of being completed, entities must evaluate whether significant development uncertainty exists, such as unresolved technological innovations or unproven features.
SEC original ↗Pinnacle West Capital — 10-Q Quarterly report10-QAug 4, 2026
Retail electric revenue is generated by the sale of electricity to our customers within the regulated authorized service territory at tariff rates approved by the ACC and based on customer usage.
SEC original ↗Pinnacle West Capital — 10-Q Quarterly report10-QAug 4, 2026
Our wholesale activities and tariff rates are regulated by FERC.
SEC original ↗Pinnacle West Capital — 10-Q Quarterly report10-QAug 4, 2026
Earnings deck slides
0 decks with slide viewPinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Pinnacle West Capital — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
33 documents- Q2 2026
- 8-KPNW
Sep 30, 2026
- 8-KPNW
Sep 4, 2026
- 8-KPNW
Aug 13, 2026
- EX-99PNW
Aug 13, 2026
- 8-KPNW
Aug 7, 2026
- 8-KPNW
Aug 4, 2026
- 10-QPNW
- 8-KPNW
Aug 4, 2026
- Q1 2026
- 8-KPNW
Jun 29, 2026
- 8-KPNW
Jun 8, 2026
- 8-KPNW
Jun 5, 2026
- 8-KPNW
Jun 5, 2026
- EX-99PNW
Jun 5, 2026
- 8-KPNW
May 19, 2026
- 8-KPNW
May 6, 2026
- 10-QPNW
- 8-KPNW
May 4, 2026
- 8-KPNW
Apr 15, 2026
- Q4 2025
- 8-KPNW
Mar 12, 2026
- EX-99PNW
Mar 12, 2026
- 8-KPNW
Feb 27, 2026
- 10-KPNW
Feb 25, 2026
- 8-KPNW
Feb 25, 2026
- 8-KPNW
Feb 19, 2026
- Q3 2025
- 8-KPNW
Nov 7, 2025
- 10-QPNW
- 8-KPNW
Nov 3, 2025
- 8-KPNW
Oct 14, 2025
- Q2 2025
- 8-KPNW
Sep 2, 2025
- 8-KPNW
Sep 2, 2025
- 8-KPNW
Aug 15, 2025
- 8-KPNW
Aug 6, 2025
- 10-QPNW
Earnings releases
5 documentsPresentations
10 documents
Transcripts
0 documentsNo transcripts for Pinnacle West Capital are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.