Pinnacle West Capital (PNW) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the reported quarter. Growth was evident when compared with the previous quarter and the same period a year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the reported quarter. Growth was evident when compared with the previous quarter and the same period a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
+37.5%
Change from the immediately preceding quarter.
Year-over-year
+16.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $1.6B | +11.4% |
| Dec 31, 2023 | $991.6M | -1.8% |
| Mar 31, 2024 | $951.7M | +0.7% |
| Jun 30, 2024 | $1.3B | +16.7% |
Revenue performance
Revenue for the quarter rose from the prior quarter and also from the same quarter last year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Versus the same quarter one year ago, revenue also showed growth.
What to watch
The filing notes factors such as interest rates and property taxes that may affect future results.