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Southwest Gas Holdings (SWX) capital expenditures by quarter

Southwest Gas Holdings' capital expenditures were $209M in Q1 2026 (first quarter 2026), -12% from Q4 2025. Over the last 5 quarters it ranged from $163M (Q3 2025) to $238M (Q4 2025).

Southwest Gas Holdings capital expenditures by quarterSouthwest Gas Holdings capital expenditures by quarter$236MQ4 2024$199MQ2 2025$163MQ3 2025$238MQ4 2025$209MQ1 2026
QuarterCapital expendituresQ/QY/Y
Q1 2026$209M-12%—
Q4 2025$238M+46%+0.6%
Q3 2025$163M-18%—
Q2 2025$199M-16%—
Q4 2024$236M——

Q1 2026 at a glance

Southwest Gas Holdings, Q1 2026: revenue $585M (-22% year over year), operating margin 37.5%, net earnings $138M, operating cash flow $162M. The chart follows the revenue to costs, profit and cash.

Questions

What is Southwest Gas Holdings' capital expenditures?

Southwest Gas Holdings' capital expenditures were $209M in Q1 2026 (first quarter 2026), -12% from Q4 2025.

How has Southwest Gas Holdings' capital expenditures changed?

Over the last 5 quarters it ranged from $163M (Q3 2025) to $238M (Q4 2025).

Q1 2026 results → · How Southwest Gas Holdings makes money →