PNW · 8-K · 20260804PR000040

Revenue Performance and Mix

PINNACLE WEST CAPITAL CORP · 2026-08-04 · Importance 49 · Surprise 32 · No source text

Second-quarter 2026 operating revenues increased 7.1% year over year to $1,455.7 million from $1,358.8 million. Total electricity sales rose 9.6%, while weather-normalized sales increased 5.6%. Residential customer growth was 2.1%, and a 7% increase in residential cooling degree days supported higher customer usage. Lower transmission service revenues partially offset the favorable effects of weather, customer growth and usage.

Key facts

• Operating Revenues for the three months ended June 30, 2026: $1,455,749 (thousands). source
• Operating Revenues for the six months ended June 30, 2026: $2,605,346 (thousands). source
• Operating Revenues for the three months ended June 30, 2025: $1,358,751 (thousands). source
• Operations and maintenance expense for the three months ended June 30, 2026: $283,387 (thousands). source
• Total operating expenses for the three months ended June 30, 2026: $1,150,077 (thousands). source
• Total operating expenses for the six months ended June 30, 2026: $2,168,500 (thousands). source
• Taxes other than income taxes for the three months ended June 30, 2026: $61,684 (thousands). source
• Total sales increased 9.6% during the second quarter. source

Impact estimates