• Pinnacle West Capital returned to profit in the quarter ended March 31, 2026, posting net income attributable to common shareholders of $33 million versus a net loss of $5 million a year earlier.
• Operating revenues rose 11.43% to $1.15 billion, while fuel and purchased power costs climbed to $437 million from $380 million.
• Interest charges, net of allowance for funds used during construction, increased to $116 million from $95 million.
• APS customer count grew 2.2% year over year, while weather-adjusted retail electricity sales increased 9.4%.
• APS is seeking a net base rate increase of $579.5 million in its 2025 rate case, with hearings scheduled to begin in May 2026 and an effective date requested in second-half 2026.

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: 0000764622-26-000025), on May 04, 2026, and is solely responsible for the information contained therein.