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Pinnacle West Capital (PNW) capital expenditures by quarter

Pinnacle West Capital's capital expenditures were $735M in Q3 2026 (third quarter 2026), +0.8% from Q2 2026. Over the last 5 quarters it ranged from $623M (Q3 2025) to $735M (Q3 2026).

Pinnacle West Capital capital expenditures by quarterPinnacle West Capital capital expenditures by quarter$710MQ2 2025$623MQ3 2025$628MQ1 2026$729MQ2 2026$735MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$735M+0.8%+18%
Q2 2026$729M+16%+3%
Q1 2026$628M+0.9%—
Q3 2025$623M-12%—
Q2 2025$710M——

Q3 2026 at a glance

Pinnacle West Capital, Q3 2026: revenue $2.0B (+8% year over year), operating margin 31.5%, net earnings $434M, operating cash flow $723M. The chart follows the revenue to costs, profit and cash.

Questions

What is Pinnacle West Capital's capital expenditures?

Pinnacle West Capital's capital expenditures were $735M in Q3 2026 (third quarter 2026), +0.8% from Q2 2026.

How has Pinnacle West Capital's capital expenditures changed?

Over the last 5 quarters it ranged from $623M (Q3 2025) to $735M (Q3 2026).

Q3 2026 results → · How Pinnacle West Capital makes money →