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Southwest Gas Holdings (SWX) net income by quarter

Southwest Gas Holdings' net income was $138M in Q1 2026 (first quarter 2026), +34% from Q4 2025. Over the last 4 quarters it ranged from $92.5M (Q4 2024) to $263M (Q3 2025).

Southwest Gas Holdings net income by quarterSouthwest Gas Holdings net income by quarter$92.5MQ4 2024$263MQ3 2025$103MQ4 2025$138MQ1 2026
QuarterNet incomeQ/QY/Y
Q1 2026$138M+34%—
Q4 2025$103M-61%+12%
Q3 2025$263M+184%—
Q4 2024$92.5M——

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' net income?

Southwest Gas Holdings' net income was $138M in Q1 2026 (first quarter 2026), +34% from Q4 2025.

How has Southwest Gas Holdings' net income changed?

Over the last 4 quarters it ranged from $92.5M (Q4 2024) to $263M (Q3 2025).

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