Pinnacle West Capital (PNW) 10-K Summaries & Annual Filing History
Review Pinnacle West Capital Corporation (PNW) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Pinnacle West Capital Corporation filed its annual 10-K for the most recent fiscal year. The report discusses business operations, risk factors, and financial results, with the company reporting positive financial performance.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$5.3B
Revenue reported for the fiscal year.
Operating income
$1.1B
Income from operations reported for the year.
Net income
$631.6M
Net income reported for the year.
Operating cash flow
$1.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $4.3B | +13.7% |
| Dec 31, 2023 | $4.7B | +8.6% |
| Dec 31, 2024 | $5.1B | +9.1% |
| Dec 31, 2025 | $5.3B | +4.2% |
Business overview
The company's business is described in the Business overview section of the filing, outlining its primary operations and market position. Management's discussion provides further context on operational strategies.
Financial performance
Based on the supplied metrics, the company reported growth in revenue, operating income, net income, and operating cash flow for the most recent fiscal year. Revenue has shown a consistent upward trend over the past several years.
Material risks
The filing's Risk Factors section identifies potential risks related to the company's industry, regulatory environment, and operations. These factors may affect future performance and financial condition.
Liquidity and capital
The Liquidity and Capital Resources section describes the company's funding sources and capital allocation priorities. It discusses how the company manages its cash flows and invests in its operations.
What to watch
Readers should monitor the company's capital expenditure plans in the next filing.