Southwest Gas Holdings, Inc. (SWX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 585.12M | 480.74M | 316.91M | 1.12B | 1.3B | 1.27B | 359.13M | 1.18B | 1.58B | 1.37B | 1.17B | 1.29B | 1.6B | 1.42B | 1.13B | 1.15B | 1.27B | 1.08B | 888.7M | 821.42M |
| Revenue Growth % | -54.87% | -62.15% | -11.76% | -5.23% | -17.99% | -7.12% | -69.29% | -8.62% | -1.39% | -3.76% | 3.9% | 12.87% | 26.5% | 31.03% | 26.66% | 39.53% | 43.06% | 18.64% | 12.32% | 8.47% |
| Cost of Revenue | 241.16M | 298.38M | 177.46M | 898.5M | 944.4M | 950.78M | 242.57M | 981.65M | 1.28B | 1.1B | 982.59M | 1.08B | 1.26B | 1.11B | 935.36M | 969.84M | 951.45M | 847.32M | 753.91M | 659.97M |
| Gross Profit | 343.96M | 182.36M | 139.45M | 221.87M | 352.1M | 319.36M | 116.56M | 200.52M | 300.17M | 271.06M | 186.9M | 218.08M | 343.18M | 312.41M | 190.23M | 176.28M | 315.96M | 237.11M | 134.79M | 161.45M |
| Gross Margin % | 58.79% | 37.93% | 44% | 19.8% | 27.16% | 25.14% | 32.46% | 16.96% | 18.99% | 19.82% | 15.98% | 16.86% | 21.4% | 21.99% | 16.9% | 15.38% | 24.93% | 21.86% | 15.17% | 19.66% |
| Gross Profit Growth % | -2.31% | -42.9% | 19.64% | 10.65% | 17.3% | 17.82% | -37.64% | -8.05% | -12.53% | -13.23% | -1.75% | 23.72% | 8.62% | 31.76% | 41.13% | 9.18% | 9.87% | -7.29% | -10.25% | 0.82% |
| Operating Expenses | 124.62M | 23.69M | 102.44M | 126.41M | 151.67M | 138.42M | 96.44M | 117.3M | 142.04M | 132.93M | 126.67M | 133.31M | 207.98M | 600.9M | 140.29M | 130.62M | 147.46M | 123.58M | 111.49M | 102.19M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 318.95M | 247.69M | 116.08M | 198.62M | 328.33M | 296.81M | 94.28M | 179.29M | 277.27M | 249.29M | 165.75M | 196.48M | 247.72M | -165.62M | 166.87M | 153.67M | 291.14M | 216.9M | 114.68M | 142.11M |
| EBITDA Margin % | 54.51% | 51.52% | 36.63% | 17.73% | 25.32% | 23.37% | 26.25% | 15.17% | 17.54% | 18.23% | 14.17% | 15.19% | 15.45% | -11.66% | 14.83% | 13.41% | 22.97% | 20% | 12.9% | 17.3% |
| EBITDA Growth % | -2.86% | -16.55% | 23.13% | 10.78% | 18.42% | 19.06% | -43.12% | -8.75% | 11.93% | 250.52% | -0.67% | 27.86% | -14.91% | -176.36% | 45.51% | 8.13% | 9.08% | -9.55% | -14.67% | -1.85% |
| Depreciation & Amortization | 99.6M | 89.02M | 79.07M | 103.16M | 127.91M | 115.86M | 74.15M | 96.07M | 119.14M | 111.16M | 105.52M | 111.7M | 112.52M | 122.87M | 116.93M | 108.01M | 122.65M | 103.37M | 91.38M | 82.85M |
| D&A / Revenue % | 17.02% | 18.52% | 24.95% | 9.21% | 9.87% | 9.12% | 20.65% | 8.13% | 7.54% | 8.13% | 9.02% | 8.63% | 7.02% | 8.65% | 10.39% | 9.42% | 9.68% | 9.53% | 10.28% | 10.09% |
| Operating Income (EBIT) | 219.35M | 158.67M | 37.01M | 95.46M | 200.42M | 180.94M | 20.12M | 83.22M | 158.13M | 138.13M | 60.23M | 84.77M | 135.2M | -288.49M | 49.94M | 45.66M | 168.49M | 113.53M | 23.3M | 59.27M |
| Operating Margin % | 37.49% | 33% | 11.68% | 8.52% | 15.46% | 14.25% | 5.6% | 7.04% | 10% | 10.1% | 5.15% | 6.55% | 8.43% | -20.3% | 4.44% | 3.98% | 13.29% | 10.47% | 2.62% | 7.22% |
| Operating Income Growth % | 9.44% | -12.31% | 83.92% | 14.7% | 26.75% | 30.99% | -66.59% | -1.83% | 16.96% | 147.88% | 20.61% | 85.66% | -19.76% | -354.11% | 114.32% | -22.96% | -2.86% | -25.7% | -57.06% | -12.29% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 5.04x | 3.80x | 1.07x | 1.59x | 2.89x | 2.51x | 0.68x | 1.33x | 2.46x | 2.13x | 1.04x | 1.51x | 1.99x | -3.84x | 0.80x | 0.80x | 3.51x | 3.00x | 0.65x | 2.23x |
| Interest / Revenue % | 0.17% | 0.21% | 0.32% | 0.09% | 0.08% | 0.08% | 0.28% | 0.08% | 0.06% | 0.07% | 0.09% | 0.08% | 0.06% | 0.07% | 0.09% | 0.09% | 0.08% | 0.09% | 0.11% | 0.12% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 184.59M | 129.81M | 3.37M | 42.27M | 136.86M | 111.75M | -17.09M | 24.39M | 104.64M | 83.3M | 2.7M | 35.03M | 76.33M | -371.49M | -12.84M | -10.38M | 121.38M | 76.01M | -11.11M | 32.02M |
| Pretax Margin % | 31.55% | 27% | 1.06% | 3.77% | 10.56% | 8.8% | -4.76% | 2.06% | 6.62% | 6.09% | 0.23% | 2.71% | 4.76% | -26.14% | -1.14% | -0.91% | 9.58% | 7.01% | -1.25% | 3.9% |
| Income Tax | 46.22M | 59.98M | -803K | 52.59M | 27.67M | 17.35M | -7.86M | 4.18M | 17.08M | 9.66M | -1.27M | 4.77M | 28.68M | -93.95M | -1.52M | -4.3M | 24.13M | 4.83M | -1.82M | 5.54M |
| Effective Tax Rate % | 25.04% | 46.2% | -23.81% | 124.44% | 20.22% | 15.53% | 45.99% | 17.14% | 16.32% | 11.59% | -47.09% | 13.61% | 37.57% | 25.29% | 11.87% | 41.42% | 19.88% | 6.35% | 16.35% | 17.31% |
| Net Income | 138.37M | 68.36M | 270.48M | -12.88M | 113.87M | 92.46M | 289K | 18.33M | 87.74M | 72.87M | 3.23M | 28.88M | 45.91M | -280.58M | -12.31M | -6.58M | 96.18M | 69.94M | -11.58M | 25.12M |
| Net Margin % | 23.65% | 14.22% | 85.35% | -1.15% | 8.78% | 7.28% | 0.08% | 1.55% | 5.55% | 5.33% | 0.28% | 2.23% | 2.86% | -19.75% | -1.09% | -0.57% | 7.59% | 6.45% | -1.3% | 3.06% |
| Net Income Growth % | 21.52% | -26.06% | 93490.31% | -170.27% | 29.79% | 26.88% | -91.06% | -36.52% | 91.1% | 125.97% | 126.25% | 539.21% | -52.26% | -501.16% | -6.33% | -126.18% | -18% | -32.45% | -163.35% | -33.84% |
| EPS (Diluted) | 1.91 | 0.94 | 3.74 | -0.18 | 1.58 | 1.28 | 0.00 | 0.25 | 1.22 | 1.01 | 0.05 | 0.40 | 0.67 | -10.57 | -0.17 | -0.09 | 1.58 | 1.15 | -0.19 | 0.43 |
| EPS Growth % | 20.89% | -26.56% | - | -172% | 29.51% | 26.73% | -91.11% | -37.5% | 82.09% | 109.56% | 126.47% | 541.99% | -57.59% | -1019.13% | 10.53% | -121.05% | -22.17% | -36.11% | -159.38% | -36.76% |
| EPS (Basic) | 1.91 | 0.94 | 3.75 | -0.18 | 1.58 | 1.29 | 0.00 | 0.26 | 1.22 | 1.02 | 0.05 | 0.40 | 0.67 | -10.57 | -0.17 | -0.09 | 1.58 | 1.15 | -0.19 | 0.43 |
| Diluted Shares Outstanding | 72.57M | 72.55M | 72.41M | 72.09M | 72.14M | 72.23M | 72.09M | 72.02M | 71.88M | 71.92M | 71.85M | 71.72M | 68.42M | 67.2M | 67.33M | 67.19M | 60.85M | 60.8M | 59.82M | 58.71M |