Short answer
Pinnacle West Capital (PNW) filed an 8-K current report with the SEC on May 4, 2026 reporting Item EX-99.1 (Exhibit EX-99.1). Q1 2026 net income $32.9M, or $0.27 diluted EPS, versus $4.6M loss and $(0.04) EPS in Q1 2025.
Pinnacle West Capital 8-K event analysis
AI summary of each reported item and its exhibits
Item EX-99.1 · Exhibit EX-99.1
- Q1 2026 net income $32.9M, or $0.27 diluted EPS, versus $4.6M loss and $(0.04) EPS in Q1 2025
- Operating revenues rose to $1.15B from $1.03B, aided by hotter weather, transmission revenues, customer growth and usage
- Customer growth reached 2.2%, while weather-normalized sales growth was 9.4%, supporting Arizona demand fundamentals
- Higher interest charges of $125.8M and depreciation of $239.9M partially offset operating gains
- 2026 weather-normalized EPS outlook maintained at $4.55–$4.75 per diluted share
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