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Pinnacle West Capital income statement

In fiscal 2025, Pinnacle West Capital reported revenue of $5.34bn, up 4.2% on the year before, operating income of $1.07bn (a 20.0% margin) and net income of $617m, or $5.05 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue3,1543,1893,2413,3023,4553,4923,4953,4993,5653,6913,4713,5873,8044,3244,6965,1255,3405,706
Cost of revenue———————1,0769811,076————————
Gross profit———————2,4232,5842,615————————
Operating income6167157478528468118558369107746727888057328251,0121,0681,179
Interest expense227228224200187185179186198218217229233256331377422477
Income before tax395506539656671644————————596737738—
Income tax139161184237231221238236258134−16781107577111107113
Net income68350339382406398437442488511538551619484502609617661
Diluted EPS$0.67$3.27$3.09$3.45$3.66$3.58$3.92$3.95$4.35$4.54$4.77$4.87$5.47$4.26$4.41$5.24$5.05$5.32
Diluted shares (average)101m107m110m111m111m111m112m112m112m113m113m113m113m113m114m116m122m124m
EBITDA1,0671,1881,2401,3331,3391,3081,4261,4011,5201,4251,3361,4741,5241,5501,6791,9682,0372,193

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Pinnacle West Capital's SEC filings (10-K and 10-Q), retrieved November 3, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Pinnacle West Capital.