Filing Flows › Pinnacle West Capital (PNW) › How it makes money
How Pinnacle West Capital (PNW) makes money
Pinnacle West Capital (PNW) made $2.0B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 31¢ was left as operating profit, 22¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.0B | 100.0% |
| Operating profit | $621M | 31.5% |
| Income tax | $80.4M | 4.1% |
| Net earnings | $434M | 22.0% |
| Operating cash flow | $723M | 36.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.0B | +8% |
| Q2 2026 | $1.5B | +7% |
| Q1 2026 | $1.1B | +11% |
| Q3 2025 | $1.8B | +3% |
| Q2 2025 | $1.4B | +4% |
From Pinnacle West Capital's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Pinnacle West Capital make money?
Pinnacle West Capital (PNW) made $2.0B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Of every dollar of revenue, 31¢ was left as operating profit, 22¢ was left as net earnings.
What is Pinnacle West Capital's profit margin?
Net earnings were $434M, 22.0% of revenue, in the third quarter 2026; the operating margin was 31.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.