Pinnacle West Capital revenue
Pinnacle West Capital's revenue was $5.34bn in fiscal 2025, up 4.2% on the year before. Since fiscal 2009 ($3.15bn) it has grown at a compound 3.3% a year. Over the last twelve months it was $5.71bn.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,154 | 3,189 | 3,241 | 3,302 | 3,455 | 3,492 | 3,495 | 3,499 | 3,565 | 3,691 | 3,471 | 3,587 | 3,804 | 4,324 | 4,696 | 5,125 | 5,340 | 5,706 |
| Growth on the year before | — | +1.1% | +1.6% | +1.9% | +4.6% | +1.1% | +0.1% | +0.1% | +1.9% | +3.5% | −6.0% | +3.3% | +6.0% | +13.7% | +8.6% | +9.1% | +4.2% | — |
| Gross profit | — | — | — | — | — | — | — | 2,423 | 2,584 | 2,615 | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | 69.3% | 72.5% | 70.8% | — | — | — | — | — | — | — | — |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Reportable Segment Aggregation Before Other Operating | $5.3B | 100.0% | ▲ 4.2% |
| Corporate and Other | $0 | 0.0% | — |
| Line of business | Revenue | YoY |
|---|---|---|
| Electric and Transmission Service | $5.3B | ▲ 4.8% |
| Transmission Services | $130M | ▲ 8.9% |
| Wholesale | $109M | ▲ 12.2% |
| Other Services | $17.4M | ▲ 54.0% |
These categories overlap or exclude eliminations, so shares aren't shown.
From Pinnacle West Capital's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Pinnacle West Capital | $5.71bn | 7.5% | 6.6% |
| NiSource | $6.80bn | 12.3% | 6.2% |
| Ameren | $8.75bn | 3.8% | 2.3% |
| CMS Energy | $8.97bn | 8.2% | 4.8% |
| CenterPoint Energy | $9.82bn | 7.8% | 2.1% |
| Sempra | $13.55bn | 1.6% | -7.2% |
Compare with peers
Head to head: NI vs PNWAEE vs PNWCMS vs PNW
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