vs

Side-by-side financial comparison of Pinnacle West Capital (PNW) and Reddit, Inc. (RDDT). Click either name above to swap in a different company.

Pinnacle West Capital is the larger business by last-quarter revenue ($1.1B vs $725.6M, roughly 1.6× Reddit, Inc.). Reddit, Inc. runs the higher net margin — 34.7% vs 1.6%, a 33.1% gap on every dollar of revenue. On growth, Reddit, Inc. posted the faster year-over-year revenue change (69.7% vs 3.0%). Reddit, Inc. produced more free cash flow last quarter ($263.6M vs $-192.7M). Over the past eight quarters, Reddit, Inc.'s revenue compounded faster (72.8% CAGR vs 8.9%).

Pinnacle West Capital Corporation is an American utility holding company that owns Arizona Public Service (APS). It is publicly traded on the New York Stock exchange and a component of the S&P 500 stock market index. APS is the largest utility company in Arizona and is regulated by the Arizona Corporation Commission (ACC).

Reddit is an American proprietary social news aggregation and forum social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communi...

PNW vs RDDT — Head-to-Head

Bigger by revenue
PNW
PNW
1.6× larger
PNW
$1.1B
$725.6M
RDDT
Growing faster (revenue YoY)
RDDT
RDDT
+66.7% gap
RDDT
69.7%
3.0%
PNW
Higher net margin
RDDT
RDDT
33.1% more per $
RDDT
34.7%
1.6%
PNW
More free cash flow
RDDT
RDDT
$456.4M more FCF
RDDT
$263.6M
$-192.7M
PNW
Faster 2-yr revenue CAGR
RDDT
RDDT
Annualised
RDDT
72.8%
8.9%
PNW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PNW
PNW
RDDT
RDDT
Revenue
$1.1B
$725.6M
Net Profit
$17.6M
$251.6M
Gross Margin
91.9%
Operating Margin
10.7%
31.9%
Net Margin
1.6%
34.7%
Revenue YoY
3.0%
69.7%
Net Profit YoY
798.0%
254.2%
EPS (diluted)
$0.12
$1.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PNW
PNW
RDDT
RDDT
Q4 25
$1.1B
$725.6M
Q3 25
$1.8B
$584.9M
Q2 25
$1.4B
$499.6M
Q1 25
$1.0B
$392.4M
Q4 24
$1.1B
$427.7M
Q3 24
$1.8B
$348.4M
Q2 24
$1.3B
$281.2M
Q1 24
$951.7M
$243.0M
Net Profit
PNW
PNW
RDDT
RDDT
Q4 25
$17.6M
$251.6M
Q3 25
$417.5M
$162.7M
Q2 25
$196.9M
$89.3M
Q1 25
$-338.0K
$26.2M
Q4 24
$-2.5M
$71.0M
Q3 24
$399.3M
$29.9M
Q2 24
$208.1M
$-10.1M
Q1 24
$21.2M
$-575.1M
Gross Margin
PNW
PNW
RDDT
RDDT
Q4 25
91.9%
Q3 25
91.0%
Q2 25
90.8%
Q1 25
90.5%
Q4 24
92.6%
Q3 24
90.1%
Q2 24
89.5%
Q1 24
88.6%
Operating Margin
PNW
PNW
RDDT
RDDT
Q4 25
10.7%
31.9%
Q3 25
32.0%
23.7%
Q2 25
22.6%
13.6%
Q1 25
5.5%
1.0%
Q4 24
7.7%
12.4%
Q3 24
30.9%
2.0%
Q2 24
24.0%
-11.0%
Q1 24
7.0%
-242.5%
Net Margin
PNW
PNW
RDDT
RDDT
Q4 25
1.6%
34.7%
Q3 25
22.9%
27.8%
Q2 25
14.5%
17.9%
Q1 25
-0.0%
6.7%
Q4 24
-0.2%
16.6%
Q3 24
22.6%
8.6%
Q2 24
15.9%
-3.6%
Q1 24
2.2%
-236.7%
EPS (diluted)
PNW
PNW
RDDT
RDDT
Q4 25
$0.12
$1.24
Q3 25
$3.39
$0.80
Q2 25
$1.58
$0.45
Q1 25
$-0.04
$0.13
Q4 24
$-0.04
$4.76
Q3 24
$3.37
$0.16
Q2 24
$1.76
$-0.06
Q1 24
$0.15
$-8.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PNW
PNW
RDDT
RDDT
Cash + ST InvestmentsLiquidity on hand
$6.6M
$953.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.0B
$2.9B
Total Assets
$30.0B
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PNW
PNW
RDDT
RDDT
Q4 25
$6.6M
$953.6M
Q3 25
$30.9M
$911.7M
Q2 25
$18.8M
$734.1M
Q1 25
$10.0M
$635.7M
Q4 24
$3.8M
$562.1M
Q3 24
$49.2M
$515.9M
Q2 24
$4.0M
$468.0M
Q1 24
$9.6M
$968.5M
Stockholders' Equity
PNW
PNW
RDDT
RDDT
Q4 25
$7.0B
$2.9B
Q3 25
$7.2B
$2.6B
Q2 25
$6.7B
$2.4B
Q1 25
$6.7B
$2.2B
Q4 24
$6.8B
$2.1B
Q3 24
$6.6B
$2.0B
Q2 24
$6.2B
$1.9B
Q1 24
$6.2B
$1.8B
Total Assets
PNW
PNW
RDDT
RDDT
Q4 25
$30.0B
$3.2B
Q3 25
$29.9B
$2.9B
Q2 25
$29.2B
$2.6B
Q1 25
$27.2B
$2.4B
Q4 24
$26.1B
$2.3B
Q3 24
$26.3B
$2.2B
Q2 24
$25.7B
$2.1B
Q1 24
$24.8B
$2.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PNW
PNW
RDDT
RDDT
Operating Cash FlowLast quarter
$476.8M
$266.8M
Free Cash FlowOCF − Capex
$-192.7M
$263.6M
FCF MarginFCF / Revenue
-17.1%
36.3%
Capex IntensityCapex / Revenue
59.3%
0.4%
Cash ConversionOCF / Net Profit
27.09×
1.06×
TTM Free Cash FlowTrailing 4 quarters
$-819.5M
$684.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PNW
PNW
RDDT
RDDT
Q4 25
$476.8M
$266.8M
Q3 25
$665.0M
$185.2M
Q2 25
$261.4M
$111.3M
Q1 25
$401.9M
$127.6M
Q4 24
$439.5M
$90.0M
Q3 24
$633.2M
$71.6M
Q2 24
$189.8M
$28.4M
Q1 24
$347.4M
$32.1M
Free Cash Flow
PNW
PNW
RDDT
RDDT
Q4 25
$-192.7M
$263.6M
Q3 25
$42.0M
$183.1M
Q2 25
$-448.1M
$110.8M
Q1 25
$-220.7M
$126.6M
Q4 24
$-92.1M
$89.2M
Q3 24
$-32.7M
$70.3M
Q2 24
$-344.2M
$27.2M
Q1 24
$-170.4M
$29.2M
FCF Margin
PNW
PNW
RDDT
RDDT
Q4 25
-17.1%
36.3%
Q3 25
2.3%
31.3%
Q2 25
-33.0%
22.2%
Q1 25
-21.4%
32.3%
Q4 24
-8.4%
20.8%
Q3 24
-1.8%
20.2%
Q2 24
-26.3%
9.7%
Q1 24
-17.9%
12.0%
Capex Intensity
PNW
PNW
RDDT
RDDT
Q4 25
59.3%
0.4%
Q3 25
34.2%
0.4%
Q2 25
52.2%
0.1%
Q1 25
60.3%
0.2%
Q4 24
48.5%
0.2%
Q3 24
37.6%
0.4%
Q2 24
40.8%
0.4%
Q1 24
54.4%
1.2%
Cash Conversion
PNW
PNW
RDDT
RDDT
Q4 25
27.09×
1.06×
Q3 25
1.59×
1.14×
Q2 25
1.33×
1.25×
Q1 25
4.88×
Q4 24
1.27×
Q3 24
1.59×
2.40×
Q2 24
0.91×
Q1 24
16.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PNW
PNW

Electricand Transmission Service$1.1B100%
Other Services$4.4M0%

RDDT
RDDT

Advertising$689.7M95%
Other Revenue$35.9M5%

Related Comparisons