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Pinnacle West Capital (PNW) Q3 2026 Earnings: Guidance Raised

Q3 2026 (ended Sep 30, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • Pinnacle West Capital raised its full-year guidance; revenue +8.3% vs a year earlier.

Pinnacle West Capital's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-11-03. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP operating revenues)$1,973 million (+8.3% vs a year earlier)
Diluted EPS (GAAP)$3.49
Full-year guidanceRaised

Guidance

Pinnacle West raised its 2026 consolidated EPS guidance to $5.05–$5.25, citing customer and sales growth and weather.

Why this label: Release: 'adjusting its 2026 consolidated earnings guidance upward' to $5.05–$5.25 per share; prior range not stated.

MetricPeriodNewPrior (as stated in the release)
consolidated EPSFY2026$5.05–5.25not stated
weather-normalized retail sales growth (EX-99.2 slides)FY20268%–10%not stated
operating revenues (EX-99.2 slides)FY2026$5.76–5.86 billionnot stated

From the release

Revenue: "Operating Revenues · $ · 1,972,746 · $ · 1,820,741"

Earnings per share: "consolidated net income attributable to common shareholders for the 2026 third quarter of $434.2 million, or $3.49 per diluted share of common stock"

consolidated EPS: "the company is adjusting its 2026 consolidated earnings guidance upward to a range of $5.05 to $5.25 per diluted share."

weather-normalized retail sales growth (EX-99.2 slides): "2026 sales growth guidance updated to 8%-10%"

operating revenues (EX-99.2 slides): "Operating revenues1 $5.34 billion $5.76 - $5.86 billion"

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: Raised 2026 EPS guidance to $5.05–$5.25; APS set all-time peak demand record of 9,166 MW.

Source

Pinnacle West Capital earnings release (SEC filing), accession 0000764622-26-000051, filed 2026-11-03.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

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