Income Statement - PINNACLE WEST CAPITAL CORP (PNW)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 5,339.94 | 5,124.92 | 4,695.99 | 4,324.39 | 3,803.84 | 3,586.98 | 3,471.21 | 3,691.25 | 3,565.30 | 3,498.68 | 3,495.44 | 3,491.63 | 3,454.63 | 3,301.80 | 3,241.38 | 3,263.65 | 3,297.10 | 3,367.08 | 3,523.62 | 3,401.75 |
| Cost of revenue | 3,983.26 | 2,987.72 | 2,851.38 | 2,616.42 | 2,106.62 | 1,952.33 | 1,983.85 | 2,112.86 | 1,930.41 | 2,007.20 | 1,969.68 | 2,087.85 | 2,020.44 | 1,879.56 | 1,913.75 | 1,917.00 | 1,178.62 | 1,429.79 | 1,435.16 | 1,251.29 |
| Gross profit | 1,356.68 | 2,137.19 | 1,844.61 | 1,707.97 | 1,697.22 | 1,634.65 | 1,487.36 | 1,578.39 | 1,634.89 | 1,491.48 | 1,525.77 | 1,403.78 | 1,434.19 | 1,422.25 | 1,327.63 | 1,272.20 | 1,975.04 | 1,880.77 | 2,088.46 | 2,150.46 |
| Total operating expenses | 238.48 | 1,125.13 | 1,019.97 | 976.06 | 891.91 | 846.50 | 815.40 | 804.70 | 725.13 | 655.87 | 671.17 | 592.54 | 587.87 | 570.49 | 581.12 | 557.32 | 1,358.91 | 1,375.56 | 1,469.21 | 1,531.59 |
| Operating income | 1,118.20 | 1,012.06 | 824.64 | 731.91 | 805.31 | 788.15 | 671.96 | 773.69 | 909.76 | 835.61 | 854.60 | 811.24 | 846.32 | 851.76 | 746.51 | 714.88 | 616.13 | 505.21 | 619.25 | 618.87 |
| Non-operating income (net) | -379.83 | -275.50 | -228.95 | -156.26 | -59.28 | -139.93 | -129.92 | -109.25 | -143.54 | -137.67 | -160.69 | -166.84 | -175.77 | -195.45 | -207.27 | -199.96 | -511.07 | -226.24 | -169.55 | -145.31 |
| Income before tax | 738.37 | 736.56 | 595.69 | 575.65 | 746.03 | 648.23 | 542.04 | 664.44 | 766.22 | 697.94 | 693.91 | 644.40 | 670.56 | 656.31 | 539.24 | 514.92 | 105.06 | 278.96 | 449.70 | 473.56 |
| Income tax expense | 106.73 | 110.53 | 76.91 | 74.83 | 110.09 | 78.17 | -15.77 | 133.90 | 258.27 | 236.41 | 237.72 | 220.71 | 230.59 | 237.32 | 183.60 | 164.32 | 37.83 | 65.41 | 150.92 | 156.42 |
| Net income | 616.53 | 608.81 | 501.56 | 483.60 | 618.72 | 550.56 | 538.32 | 511.05 | 488.46 | 442.03 | 437.26 | 397.60 | 406.07 | 381.54 | 339.47 | 350.05 | 68.33 | 242.13 | 307.14 | 327.26 |
Show Quarterly Income Statement
Income Statement - PINNACLE WEST CAPITAL CORP (PNW)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,149.60 | 1,128.17 | 1,820.74 | 1,358.75 | 1,032.28 | 1,095.41 | 1,768.80 | 1,308.99 | 951.71 | 991.57 | 1,637.76 | 1,121.70 | 944.96 | 1,009.31 | 1,469.87 | 1,061.67 | 783.53 | 798.86 | 1,308.25 | 1,000.25 | 696.48 | 740.96 | 1,254.50 | 929.59 | 661.93 | 670.39 | 1,190.79 | 869.50 | 740.53 | 756.38 | 1,268.03 | 974.12 | 692.71 | 759.66 | 1,183.32 | 944.59 | 677.73 | 739.20 | 1,166.92 | 915.39 | 677.17 | 734.43 | 1,199.15 | 890.65 | 671.22 | 726.45 | 1,172.67 | 906.26 | 686.25 | 699.76 | 1,152.39 | 915.82 | 686.65 | 693.12 | 1,109.48 | 878.58 | 620.63 | 667.89 | 1,124.84 | 799.80 | 659.58 | 683.61 | 1,139.09 | 820.59 | 633.59 | 687.85 | 1,143.08 | 840.06 | 629.39 | 624.17 | 1,079.98 | 926.19 | 736.74 | 759.12 | 1,205.93 | 863.44 | 695.14 | 730.07 | 1,076.44 | 925.03 | 670.21 |
| Cost of revenue | 436.73 | 922.09 | 1,112.77 | 763.61 | 680.18 | 723.40 | 939.44 | 709.44 | 615.44 | 657.27 | 864.54 | 684.99 | 644.58 | 727.00 | 808.23 | 597.57 | 483.61 | 518.97 | 659.84 | 499.53 | 428.28 | 494.57 | 590.14 | 457.77 | 409.84 | 454.42 | 583.44 | 469.77 | 476.22 | 488.10 | 636.48 | 525.48 | 462.79 | 469.98 | 541.31 | 475.60 | 438.47 | 451.53 | 553.69 | 517.13 | 464.48 | 454.76 | 584.30 | 492.44 | 438.18 | 517.33 | 605.78 | 502.08 | 462.67 | 475.35 | 584.28 | 506.88 | 453.93 | 1,095.63 | 523.62 | 480.96 | 426.97 | 215.51 | 337.90 | 244.05 | 212.01 | 225.57 | 353.90 | 251.80 | 215.54 | 283.48 | 381.54 | 291.70 | 274.30 | 355.63 | 447.56 | 376.84 | 324.32 | 327.89 | 501.10 | 344.87 | 261.30 | 288.00 | 395.06 | 336.66 | 231.57 |
| Gross profit | 712.87 | 206.07 | 707.97 | 595.14 | 352.10 | 372.01 | 829.36 | 599.56 | 336.27 | 334.31 | 773.22 | 436.71 | 300.37 | 282.32 | 661.64 | 464.10 | 299.92 | 279.88 | 648.42 | 500.72 | 268.19 | 246.39 | 664.36 | 471.82 | 252.09 | 215.97 | 607.34 | 399.74 | 264.31 | 268.27 | 631.55 | 448.64 | 229.92 | 289.68 | 642.01 | 468.99 | 239.26 | 287.67 | 613.23 | 398.27 | 212.69 | 279.67 | 614.85 | 398.21 | 233.04 | 209.12 | 566.89 | 404.19 | 223.58 | 224.42 | 568.12 | 408.94 | 232.72 | -402.51 | 585.85 | 397.62 | 193.66 | 452.38 | 786.95 | 555.75 | 436.84 | 458.04 | 762.81 | 551.00 | 404.82 | 404.37 | 707.49 | 526.89 | 351.57 | 268.55 | 622.52 | 507.67 | 363.94 | 431.23 | 704.13 | 518.03 | 433.72 | 442.07 | 681.39 | 588.37 | 438.64 |
| Total operating expenses | 311.50 | 61.10 | 58.75 | 287.59 | 294.88 | 287.47 | 282.37 | 285.81 | 269.48 | 259.93 | 256.96 | 253.43 | 249.65 | 245.57 | 244.06 | 241.00 | 245.43 | 229.87 | 219.04 | 222.34 | 220.66 | 215.54 | 209.35 | 209.94 | 211.67 | 203.97 | 204.05 | 203.15 | 204.22 | 201.39 | 198.25 | 206.48 | 198.59 | 199.07 | 182.47 | 171.73 | 171.85 | 164.85 | 161.98 | 166.52 | 162.53 | 169.84 | 169.74 | 166.23 | 165.35 | 148.94 | 145.11 | 150.08 | 148.41 | 140.52 | 152.43 | 149.13 | 145.80 | -503.80 | 137.88 | 143.13 | 145.65 | 373.67 | 351.93 | 358.76 | 401.06 | 398.72 | 362.53 | 349.61 | 347.15 | 378.68 | 340.09 | 355.00 | 548.50 | 303.92 | 346.63 | 331.54 | 327.71 | 405.96 | 354.16 | 359.26 | 365.50 | 382.00 | 370.95 | 397.17 | 381.47 |
| Operating income | 401.36 | 144.98 | 649.21 | 307.55 | 57.22 | 84.54 | 546.99 | 313.75 | 66.79 | 74.38 | 516.26 | 183.28 | 50.72 | 36.75 | 417.57 | 223.10 | 54.49 | 50.02 | 429.37 | 278.39 | 47.53 | 30.85 | 455.01 | 261.87 | 40.42 | 12.00 | 403.29 | 196.59 | 60.08 | 66.88 | 433.31 | 242.16 | 31.33 | 90.61 | 459.55 | 297.26 | 67.41 | 122.82 | 451.26 | 231.75 | 50.16 | 109.83 | 445.11 | 231.97 | 67.68 | 60.18 | 421.78 | 254.11 | 75.17 | 83.90 | 415.69 | 259.81 | 86.92 | 101.29 | 447.97 | 254.49 | 48.01 | 78.72 | 435.02 | 196.99 | 35.78 | 59.32 | 400.27 | 201.38 | 57.67 | 25.69 | 367.41 | 171.89 | -196.93 | -35.37 | 275.89 | 176.13 | 36.23 | 25.26 | 349.97 | 158.77 | 68.22 | 60.07 | 310.44 | 191.20 | 57.16 |
| Non-operating income (net) | -365.08 | -127.38 | -153.81 | -75.66 | -63.74 | -87.07 | -73.49 | -73.22 | -41.73 | -67.31 | -56.70 | -56.41 | -48.53 | -65.19 | -34.21 | -27.79 | -29.07 | -22.11 | -13.41 | -12.39 | -11.37 | -65.28 | -26.53 | -22.35 | -25.77 | -31.68 | -32.88 | -30.49 | -34.88 | -29.14 | -29.09 | -26.51 | -24.51 | -43.33 | -34.28 | -35.97 | -35.02 | -37.39 | -41.91 | -39.82 | -38.92 | -41.01 | -43.58 | -37.10 | -39.01 | -45.64 | -38.94 | -38.19 | -44.07 | -41.92 | -49.06 | -43.17 | -41.62 | -48.23 | -47.98 | -46.87 | -52.37 | -51.80 | -50.33 | -52.99 | -50.76 | -50.94 | -44.96 | -54.97 | -73.92 | -57.78 | -76.97 | -63.30 | -67.04 | -38.42 | -49.42 | -44.62 | -41.45 | -11.28 | -57.38 | -40.04 | -43.81 | -48.03 | -27.43 | -31.08 | -38.78 |
| Income before tax | 36.28 | 17.59 | 495.41 | 231.89 | -6.52 | -2.53 | 473.50 | 240.53 | 25.06 | 7.07 | 459.57 | 126.87 | 2.19 | -28.44 | 383.36 | 195.31 | 25.42 | 27.90 | 415.97 | 266.00 | 36.16 | -34.43 | 428.48 | 239.52 | 14.66 | -19.68 | 370.42 | 166.10 | 25.21 | 37.74 | 404.22 | 215.65 | 6.83 | 47.28 | 425.26 | 261.28 | 32.40 | 85.43 | 409.35 | 191.92 | 11.24 | 68.83 | 401.53 | 194.88 | 28.67 | 14.54 | 382.84 | 215.92 | 31.10 | 41.98 | 366.63 | 216.64 | 45.31 | 53.06 | 399.99 | 207.62 | -4.36 | 26.92 | 384.69 | 144.00 | -14.97 | 8.38 | 355.31 | 146.41 | -16.25 | -32.09 | 290.44 | 108.59 | -263.97 | -73.79 | 226.47 | 131.51 | -5.23 | 13.98 | 292.59 | 118.73 | 24.41 | 12.04 | 283.02 | 160.11 | 18.39 |
| Income tax expense | 1.17 | 0.00 | 77.89 | 35.02 | -6.18 | -0.01 | 74.23 | 32.42 | 3.89 | 2.79 | 57.05 | 15.90 | 1.18 | -8.75 | 52.73 | 26.69 | 4.16 | -3.99 | 71.86 | 46.56 | -4.35 | -19.91 | 77.23 | 41.06 | -20.21 | -88.54 | 53.27 | 17.08 | 2.42 | 6.80 | 84.33 | 44.04 | -1.27 | 20.78 | 144.32 | 88.97 | 4.21 | 27.31 | 141.45 | 65.74 | 1.91 | 22.85 | 139.56 | 67.37 | 7.95 | 5.01 | 134.75 | 74.54 | 6.41 | 9.17 | 131.91 | 77.04 | 12.47 | 18.16 | 147.12 | 76.69 | -4.65 | 7.38 | 131.42 | 50.82 | -5.65 | -3.82 | 123.49 | 51.83 | -15.48 | -7.48 | 103.06 | 37.60 | -96.17 | -27.08 | 75.97 | 17.08 | -0.56 | 10.49 | 91.59 | 40.23 | 8.61 | 1.52 | 98.84 | 49.27 | 6.79 |
| Net income | 32.92 | 15.40 | 413.21 | 192.56 | -4.64 | -6.83 | 394.97 | 203.81 | 16.86 | -0.02 | 398.21 | 106.66 | -3.30 | -23.99 | 326.33 | 164.31 | 16.96 | 27.58 | 339.80 | 215.70 | 35.64 | -19.39 | 346.37 | 193.59 | 29.99 | 63.98 | 312.28 | 144.15 | 17.92 | 26.08 | 315.01 | 166.74 | 3.22 | 21.63 | 276.07 | 167.44 | 23.31 | 53.25 | 263.03 | 121.31 | 4.45 | 41.12 | 257.12 | 122.90 | 16.12 | 5.41 | 243.96 | 132.46 | 15.77 | 24.26 | 226.16 | 131.21 | 24.44 | 22.63 | 244.82 | 122.35 | -8.26 | 12.56 | 255.36 | 86.69 | -15.14 | 7.35 | 233.92 | 114.80 | -6.01 | -30.16 | 186.65 | 68.35 | -156.51 | -38.85 | 151.59 | 133.86 | -4.47 | 2.91 | 208.71 | 78.99 | 16.53 | 18.48 | 184.17 | 112.15 | 12.46 |