Southwest Gas Holdings financials
$82.24+0.45%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $358.2M | $585.1M | $480.7M | $316.9M | $396.3M | $746.4M | $553.1M | $359.1M | $1.18B | $1.58B | $1.37B | $1.17B |
| Gross profit | $319.7M | $477.0M | $412.5M | $274.2M | $294.2M | $461.8M | $387.2M | $247.4M | $335.1M | $435.3M | $410.6M | $313.7M |
| Gross margin | 89.3% | 81.5% | 85.8% | 86.5% | 74.2% | 61.9% | 70.0% | 68.9% | 28.3% | 27.5% | 30.0% | 26.8% |
| Operating income | $84.3M | $219.3M | $158.7M | $37.0M | $64.5M | $213.7M | $150.5M | $20.1M | $83.2M | $158.1M | $138.1M | $60.2M |
| Net income | $42.1M | $138.4M | $68.4M | $270.5M | -$40.2M | $113.9M | $92.5M | $289.0K | $18.3M | $87.7M | $72.9M | $3.2M |
| Net margin | 11.8% | 23.6% | 14.2% | 85.3% | −10.1% | 15.3% | 16.7% | 0.1% | 1.6% | 5.5% | 5.3% | 0.3% |
| Diluted EPS | $0.58 | $1.91 | $0.94 | $3.74 | $-0.56 | $1.58 | $1.28 | $0.00 | $0.25 | $1.22 | $1.01 | $0.04 |
| EBITDA | $162.2M | $318.9M | $247.7M | $47.6M | $133.4M | $307.4M | $233.0M | $25.6M | $179.3M | $277.3M | $138.1M | $165.8M |
| Operating cash flow | $146.1M | $162.1M | $81.7M | $56.8M | $126.3M | $291.3M | $201.6M | $303.9M | $306.6M | $543.7M | $310.8M | $186.2M |
| Free cash flow | -$174.3M | -$46.6M | -$155.8M | -$106.0M | -$73.0M | $128.1M | -$1.3M | $104.7M | $83.3M | $322.5M | $102.8M | -$39.6M |
| Diluted shares | 72.7M | 72.6M | 72.7M | 72.4M | 72.1M | 72.1M | 72.1M | 72.1M | 72.0M | 71.9M | 72.0M | 71.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $270.5M | $484.8M | $576.6M | $778.6M | $355.6M | $406.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $3.54B | $3.55B | $3.54B | $3.55B | $4.73B | $5.09B |
| Total assets | $10.48B | $10.41B | $10.43B | $10.33B | $12.21B | $12.08B |
| Total liabilities | $6.35B | $6.30B | $6.47B | $6.40B | $8.09B | $8.32B |
| Shareholders' equity | $4.13B | $4.10B | $3.96B | $3.93B | $4.12B | $3.75B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology