PNW · XBRL financial data

Pinnacle West Capital financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (PNW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	3,587	3,804	4,324	4,696	5,125	5,340
Revenue from contracts with customers	3,587	3,804	4,324	4,696	5,125	5,340
Operating income (loss)	788	805	732	825	1,012	1,068
Interest income	12	7	7	27	24	18
Interest expense	229	233	256	331	377	422
Income tax expense (benefit)	78	110	75	77	111	107
Earnings per share, basic USD per share	4.89	5.48	4.27	4.42	5.35	5.15
Earnings per share, diluted USD per share	4.87	5.47	4.26	4.41	5.24	5.05
Weighted average shares, basic millions of shares	113	113	113	113	114	120
Weighted average shares, diluted millions of shares	113	113	113	114	116	122

Fiscal years (PNW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	60	10	5	5	4	7
Total current assets	1,198	1,551	1,751	1,927	1,689	1,704
Property and equipment, net	13,728	14,184	14,522	15,803	16,834	18,358
Right-of-use asset	505	890	802	1,310	1,605	3,650
Total assets	20,020	22,003	22,723	24,661	26,103	30,032
Accounts payable	319	393	430	442	485	680
Current portion of long-term debt	—	—	—	875	800	600
Total current liabilities	1,360	1,757	1,762	2,889	2,844	3,161
Long-term debt	6,314	6,914	7,741	7,541	8,059	9,206
Lease liability, non-current	361	728	639	1,210	1,521	3,548
Retained earnings	3,025	3,265	3,360	3,466	3,667	3,851
Total stockholders' equity	5,634	5,906	6,049	6,178	6,754	7,046
Total liabilities and equity	20,020	22,003	22,723	24,661	26,103	30,032
Common shares outstanding (cover page) millions of shares	113	113	113	113	119	121

Fiscal years (PNW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Stock-based compensation	18	18	16	17	24	27
Depreciation and amortization	686	719	818	854	956	970
Net cash from operating activities	966	860	1,241	1,208	1,610	1,805
Net cash from investing activities	(1,278)	(1,387)	(1,618)	(1,694)	(1,934)	(2,379)
Proceeds from issuing common stock	(1)	(2)	(3)	(4)	—	—
Proceeds from issuing equity	—	—	—	—	341	—
Share repurchases	—	—	3	4	—	—
Dividends paid	351	369	379	386	395	423
Proceeds from long-term debt	1,597	747	876	689	—	—
Repayments of long-term debt	915	0	150	33	—	—
Net cash from financing activities	361	477	371	487	323	576
Net change in cash	50	(50)	(5)	0	(1)	3

SIC 4911 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4911 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Pinnacle West Capital	11	1,973	723*	121.2M	—	Q3 FY26 10-QSep 30, 2026
Oge Energy	0.2	753	176	206.4M	—	Q1 FY26 10-QMar 31, 2026
Talen Energy	335	1,663	not reported	43.5M	—	Q3 FY26 10-QSep 30, 2026
Wisconsin Electric Power	2	1,365	547*	33.3M	—	Q3 FY26 10-QSep 30, 2026
Nstar Electric	1,819	2,903	not reported	376.7M	—	Q2 FY26 10-QJun 30, 2026
Oklo	1,645	1.2	(48)*	186.0M	34.6 quarters	Q2 FY26 10-QJun 30, 2026
Idacorp	188	615	not reported	58.9M	—	Q3 FY26 10-QSep 30, 2026
Entergy Arkansas	4,205	4,365	2,235*	477.8M	—	Q3 FY26 10-QSep 30, 2026
TXNM Energy	29	731	not reported	110.1M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.