Pinnacle West Reports 2025 Full-Year and Fourth-Quarter Results

NodeGuardian · 2026-03-08T02:27:03+00:00

Pinnacle West Capital Corp. achieved a consolidated net income of $616.5 million for 2025, primarily due to growth at APS, and reported a Q4 net income of $15.4 million, an improvement from the previous year. However, APS still underperformed relative to its allowed return.

NodeGuardian

2026-03-08 02:27:03

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Pinnacle West Capital Corp. reported consolidated net income of $616.5 million, or $5.05 per diluted share, for full-year 2025, driven by significant customer and sales growth at its principal subsidiary, APS. The company also reported a net income of $15.4 million for Q4 2025, a substantial improvement from a net loss in the same period of 2024. Despite strong performance and reliability, APS continues to earn below its allowed return and projects 2026 earnings in the range of $4.55 to $4.75 per diluted share.

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