• Pinnacle West Capital reported net income attributable to common shareholders of USD 32.9 million, or USD 0.27 per diluted share, for quarter ended March 31, 2026, swinging from a loss of USD 4.6 million, or USD 0.04 per share, a year earlier.
• Results reflected an increase of about USD 38 million on higher transmission revenues, lower operations and maintenance expenses, weather effects, and customer growth, usage and related pricing.
• Customer growth reached 2.2%, while weather-normalized sales growth was 9.4% as hotter-than-normal conditions lifted energy consumption.
• APS continued summer reliability preparations, including wildfire mitigation work, emergency-operations drills, securing spare equipment, and preventative maintenance, while completing a scheduled maintenance and refueling outage for Unit 2 at Palo Verde.
• 2026 weather-normalized earnings outlook held at USD 4.55 to USD 4.75 per diluted share.

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: 0000764622-26-000026), on May 04, 2026, and is solely responsible for the information contained therein.