Southwest Gas Holdings, Inc. (SWX) Financials
Key financial figures for Southwest Gas Holdings, Inc. (Q3 2026).
Southwest Gas Holdings posted Q3 2026 adjusted EPS of $0.20 versus $0.06 a year earlier and reaffirmed 2026 adjusted EPS guidance of $4.17 to $4.32. Revenue was $298.2 million versus $316.9 million in Q3 2025, a 5.9% decline (calculated); net income from continuing operations was $12.8 million versus a $3.7 million loss, and GAAP diluted EPS from continuing operations was $0.18 versus a $0.05 loss. Adjusted diluted EPS from continuing operations was $0.20 versus $0.06; the adjustment adds back nonrecurring executive compensation. Nine-month adjusted EPS was $2.69 versus $2.28. On the outlook: Reaffirmed 2026 adjusted EPS from continuing operations of $4.17 to $4.32 per share, 2026 capital expenditures of about $1.25 billion, 2026 to 2030 adjusted EPS CAGR of 12.0% to 14.0%, 2026 to 2030 capital expenditures of $6.3 billion and rate base CAGR of 9.5% to 11.5%; long-term metrics do not yet reflect the updated $2.3 billion Great Basin estimate, to be updated with the five-year plan in February 2027. Figures are for Q3 2026, as Southwest Gas Holdings, Inc. reported them.
- Revenue
- $298M
- Net Income
- $13M
- EPS
- $0.18
- Total Assets
- $10.6B
- Operating Cash Flow
- $75M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $298M | $13M | $0.18 | 11.92% | -$196M |
| Q2 FY2026 | $358M | $42M | $0.58 | 23.54% | -$174M |
| Q1 FY2026 | $585M | $138M | $1.91 | 37.49% | -$47M |
| Q4 FY2025 | $481M | $68M | $0.94 | 33% | -$503M |
| Q3 FY2025 | $317M | $270M | $3.63 | 11.68% | -$106M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.9B | $440M | $6.08 | 24.42% | -$252M |
| FY2024 | $5.1B | $199M | $2.76 | 9.46% | $410M |
| FY2023 | $5.4B | $151M | $2.13 | 7.7% | -$363M |
Frequently asked questions
What was Southwest Gas Holdings, Inc.'s revenue last quarter?
Southwest Gas Holdings, Inc. reported revenue of $298.2 million for Q3 FY2026, down 5.9% from the same period a year earlier.
Is Southwest Gas Holdings, Inc. profitable?
Yes. Southwest Gas Holdings, Inc. reported net income of $12.8 million for Q3 FY2026, a net margin of 4.29% on revenue.
How has Southwest Gas Holdings, Inc.'s margin trended?
Operating margin was 11.92% in Q3 FY2026, compared with 11.68% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Southwest Gas Holdings, Inc. generate?
Southwest Gas Holdings, Inc. generated free cash flow of -$196.4 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Southwest Gas Holdings, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.