Pinnacle West (PNW) reported FY 2025 net income attributable to common shareholders of USD 616.5 million, or USD 5.05 per diluted share. For Q4 2025, net income attributable to common shareholders was USD 15.4 million, or USD 0.13 per diluted share. The company said FY 2025 results benefited from increased customer usage and customer growth with related pricing, higher transmission revenues, and impacts of the 2022 rate case, partly offset by weather and higher net interest, pension and other post-retirement, operations and maintenance, and amortization expenses. APS posted customer growth of 2.4% in 2025 and weather-normalized retail electricity sales growth of 5.0% in 2025; APS also recorded three all-time peak demand records in 2025, with peak demand rising more than 5% versus the prior year. For 2026, Pinnacle West reaffirmed weather-normalized EPS guidance of USD 4.55 to USD 4.75.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinnacle West Capital Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000764622-26-000010), on February 25, 2026, and is solely responsible for the information contained therein.