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Pinnacle West Capital PNW

Pinnacle West reports 2026 third-quarter net income of $434.2 million

Item 2.02 Reports results, Item 7.01 Investor disclosure

Form
8-K
Filed
Importance
Major
  1. Net income of $434.2 million for the third quarter of 2026
  2. Increased customer sales and usage contributed to a $21 million rise in net income
  3. Residential sales grew 4.5% and commercial and industrial sales rose 14.5%
  4. Peak demand reached 9,166 megawatts on August 2, 2026

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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The reading, claim by claim

  1. The filing includes a press release and a slide presentation from the earnings conference call.
  2. The press release was attached as Exhibit 99.1, and the slide presentation as Exhibit 99.2.
  3. The press release states that Pinnacle West reported consolidated net income of $434.2 million for the third quarter of 2026, or $3.49 per diluted share.
  4. This is an increase from $413.2 million, or $3.39 per diluted share, in the same period the previous year.
  5. The company emphasized its commitment to reliable service and responsible energy growth.

5 of 7 claims matched the filing text.

Not found in the filing text

  • The 10-Q filing for the quarter ended September 30, 2026, shows revenue of $2.0 billion, net income of $436.4 million, and an operating margin of 31.5%.
  • The revenue increased by 8.3% compared to the same period a year earlier.

From the filing

Item 2.02. Results of Operations and Financial Condition.

Item 2.02. Results of Operations and Financial Condition.

The following information is furnished pursuant to Item 2.02.

On November 3, 2026, Pinnacle West Capital Corporation ("Pinnacle West") issued a press release regarding its financial results for the fiscal quarter ended September 30, 2026.1 1A copy of the press release is attached hereto as Exhibit 99.1.1

Item 7.01. Regulation FD Disclosure.

Item 7.01. Regulation FD Disclosure.

The following information is furnished pursuant to Item 7.01.

Pinnacle West is providing a copy of the slide presentation made in connection with the quarterly earnings conference call on November 3, 2026.1 This information contains Pinnacle West operating results for the fiscal quarter ended September 30, 2026 and earnings outlook for 2026. The slide presentation is attached hereto as Exhibit 99.22 and is concurrently being posted to Pinnacle West's website at www.pinnaclewest.com.

Item 9.01. Financial Statements and Exhibits.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Registrant(s) Description

99.1 Pinnacle West

Arizona Public Service Company Earnings News Release issued on November 3 , 2026

99.2 Pinnacle West

Arizona Public Service Company Pinnacle West Capital Corporation Third Quarter 202 6 Results slide presentation accompanying November 3 , 202 6 conference call

104 Pinnacle West

Arizona Public Service Company 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PINNACLE WEST CAPITAL CORPORATION

(Registrant)

Dated: November 3, 2026 By: /s/ Andrew Cooper

Andrew Cooper

Senior Vice President and Chief Financial Officer

ARIZONA PUBLIC SERVICE COMPANY

(Registrant)

Dated: November 3, 2026 By: /s/ Andrew Cooper

Andrew Cooper

Senior Vice President and Chief Financial Officer

FOR IMMEDIATE RELEASE November 3, 2026 Media Contact: Analyst Contact: Alan Bunnell (602) 250-3376 Amanda Ho (602) 250-3334

Website: pinnaclewest.com

PINNACLE WEST REPORTS 2026 THIRD-QUARTER FINANCIAL RESULTS

• Continued sales growth and summer weather increase energy demand

• Reliable service and strong operating performance support customers5

• APS reinforces its Pledge for Responsible Energy Growth5

PHOENIX – Pinnacle West Capital Corp. (NYSE: PNW) today reported consolidated net income attributable to common shareholders for the 2026 third quarter of $434.2 million, or $3.49 per diluted share of common stock.3 This result compares with consolidated net income of $413.2 million, or $3.39 per diluted share of common stock, for the same period a year ago.4

The 2026 third-quarter results reflect an increase of about $21 million compared to the 2025 third quarter, primarily as a result of increased customer sales and us

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