Pinnacle West Capital Corp.
- PNW · NYSE
- Electric Services
- Phoenix, AZ
- 6,610 employees
- CIK 0000764622
Updated from SEC filings through
Top things to know
Executives
- Pinnacle West Chairman President and Chief Executive Officer Ted Geisler 8-K, 2026-11-03
- Theodore N. Geisler Chairman, CEO and President 4, 2026-03-20
- Andrew D. Cooper SVP & CFO 4, 2026-03-20
- Andrew Cooper Senior Vice President and Chief Financial Officer 10-K, 2026-02-25
- Adam Heflin Executive Vice President and Chief Nuclear Officer of Arizona Public Service Company (“APS”) and a named executive officer of Pinnacle West 8-K, 2026-06-29
- Jacob Tetlow Executive Vice President and Chief Operating Officer of APS 10-K, 2026-02-25
What leadership is saying
“Arizona continues to grow at an extraordinary pace, and our responsibility is clear: deliver safe, reliable and affordable energy for the customers who count on us every day”
Earnings press release (8-K Ex. 99.1), filed November 3, 2026
Pinnacle West Capital Corp is a U.S. public company in electric services (SIC 4911), headquartered in Phoenix, AZ. It trades as PNW on NYSE. Revenue was $5.3B in the fiscal year ending December 31, 2025, +4.2% from the year before. It reported about 6,610 employees. Pinnacle West Chairman is President and Chief Executive Officer Ted Geisler.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $5.3B 10-K, 2026-02-25 | $5.1B 10-K, 2026-02-25 | $4.7B 10-K, 2026-02-25 | $4.3B 10-K, 2025-02-25 | $3.8B 10-K, 2024-02-27 |
| Operating income | $1.1B 10-K, 2026-02-25 | $1.0B 10-K, 2026-02-25 | $825M 10-K, 2026-02-25 | $732M 10-K, 2025-02-25 | $805M 10-K, 2024-02-27 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $632M 10-K, 2026-02-25 | $626M 10-K, 2026-02-25 | $519M 10-K, 2026-02-25 | $501M 10-K, 2025-02-25 | $636M 10-K, 2024-02-27 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Pinnacle West Chairman | President and Chief Executive Officer Ted Geisler | 8-K, 2026-11-03 |
| Jeffrey B. Guldner | Board member (per proxy) bio: Former Chairman of the Board, President and Chief Executive Officer of PNW and Chairman of the Board, President and Chief Executive of APS and currently, Special Advisor to the CEO | DEF 14A, 2026-04-03 |
| Robert E. Smith | Board member (per proxy) bio: Former Executive Vice President, Chief Legal Officer and Chief Development Officer, PNW and APS and currently, Special Advisor to the CEO | DEF 14A, 2026-04-03 |
| Theodore N. Geisler | Chairman, CEO and President | 4, 2026-03-20 |
| Andrew D. Cooper | SVP & CFO | 4, 2026-03-20 |
| Andrew Cooper | Senior Vice President and Chief Financial Officer | 10-K, 2026-02-25 |
| Adam Heflin | Executive Vice President and Chief Nuclear Officer of Arizona Public Service Company (“APS”) and a named executive officer of Pinnacle West | 8-K, 2026-06-29 |
| Jacob Tetlow | Executive Vice President and Chief Operating Officer of APS | 10-K, 2026-02-25 |
| Adam C. Heflin | Executive Vice President and Chief Nuclear Officer, Palo Verde, of APS | 10-K, 2026-02-25 |
| Christopher R. Bauer | Vice President and Treasurer of Pinnacle West and APS | 10-K, 2026-02-25 |
| Jose L. Esparza | Senior Vice President, Public Policy of APS | 10-K, 2026-02-25 |
| Elizabeth A. Blankenship | VP, Controller and CAO | 4, 2026-08-11 |
| Shirley A. Baum Senior Vice President & General Counsel at Pinnacle West Capital Corporation / Arizona Public Service Company | SVP and GC | 4, 2026-03-20 |
| Carol S. Eicher | Director | 10-K, 2026-02-25 |
| Glynis A. Bryan | Director | 10-K, 2026-02-25 |
| Gonzalo A. de la Melena, Jr. | Director | 10-K, 2026-02-25 |
What Pinnacle West Capital Corp does
with consolidated assets of approximately $30 billion. We derive essentially all of our revenues and earnings from our principal subsidiary, APS. Since 1886, APS and its affiliates have provided energy and energy-related products to people and businesses throughout Arizona. APS is Arizona’s largest and longest-serving electric company and generates safe, affordable electricity in 11 of Arizona’s 15 counties. Our other active subsidiaries are El Dorado and PNW Power.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 121.2 million (as of October 28, 2026) | 10-Q, November 3, 2026 |
|---|---|---|
| Public float | $10.7B (as of June 30, 2025) | 10-K, February 25, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, November 3, 2026 |
| Latest proxy statement | Meeting May 14, 2026 (filed April 3, 2026) | DEF 14A, April 3, 2026 |
| Auditor | Deloitte & Touche LLP (Tempe, Arizona) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 10, 2026 | Elizabeth A. Blankenship VP, Controller and CAO | Sale | 980 | $97K | Form 4, August 11, 2026 |
Recent 8-K events
- 8-K filed 2026-11-06
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-11-03
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-30
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-04
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-13
- 8-K filed 2026-08-07
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-04
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-06-29
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-08
- Item 7.01 Regulation FD disclosure
Frequently asked questions about Pinnacle West Capital Corp
- What does Pinnacle West Capital Corp do?
- In its own words, from Item 1 of its 10-K: "with consolidated assets of approximately $30 billion. We derive essentially all of our revenues and earnings from our principal subsidiary, APS. Since 1886, APS and its affiliates have provided energy and energy-related products to people and businesses throughout Arizona. APS is Arizona’s largest and longest-serving electric company and generates safe, affordable electricity in 11 of Arizona’s 15 counties. Our other active subsidiaries are El Dorado and PNW Power."
- What is Pinnacle West Capital Corp's revenue?
- $5.3B for the fiscal year ending December 31, 2025, from its 10-K filed February 25, 2026.
- Is Pinnacle West Capital Corp profitable?
- Pinnacle West Capital Corp reported net income of $632M for the fiscal year ending December 31, 2025.
- How many employees does Pinnacle West Capital Corp have?
- About 6,610 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Pinnacle West Capital Corp?
- Pinnacle West Chairman, President and Chief Executive Officer Ted Geisler, as named in a 8-K filed November 3, 2026.
- Who is the CFO of Pinnacle West Capital Corp?
- Andrew D. Cooper, SVP & CFO, as named in a 4 filed March 20, 2026.
- Where is Pinnacle West Capital Corp headquartered?
- Phoenix, AZ.
- What is Pinnacle West Capital Corp's stock ticker?
- PNW on NYSE.
- What industry is Pinnacle West Capital Corp in?
- Electric Services, SIC code 4911.
- What is Pinnacle West Capital Corp's website?
- pinnaclewest.com.
- When does Pinnacle West Capital Corp report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is Pinnacle West Capital Corp a public company?
- Yes. Pinnacle West Capital Corp files with the SEC under CIK 0000764622 and trades as PNW.
- Who audits Pinnacle West Capital Corp?
- Deloitte & Touche LLP, Tempe, Arizona, as named in its latest annual report (10-K).
- How many shares of Pinnacle West Capital Corp are outstanding?
- 121.2 million shares as of October 28, 2026, from its 10-Q filed November 3, 2026.
- What is Pinnacle West Capital Corp's public float?
- $10.7B as of June 30, 2025, as reported on the cover of its 10-K filed February 25, 2026.
- How many business segments does Pinnacle West Capital Corp report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed November 3, 2026.
- When is Pinnacle West Capital Corp's annual shareholder meeting?
- May 14, 2026, per its proxy statement (DEF 14A) filed April 3, 2026.
- Have Pinnacle West Capital Corp insiders traded stock recently?
- Since August 10, 2026, officers and directors reported 1 open-market sale worth about $97K and 0 purchases on Forms 4 and 5. The most recent: Elizabeth A. Blankenship (VP, Controller and CAO) sold 980 shares on August 10, 2026.