Southwest Gas
SWX

Southwest Gas (SWX) earnings history

Most recent quarter

Period end
Jun 30, 2026
Revenue
$358.2M
Reported
Aug 5, 2026

Southwest Gas reported Q2 2026 results on August 5, 2026. Earnings per share of $0.58 beat the $0.45 estimate by 28.63%. Revenue of $358.2 million fell 13.95% short of the $416.2 million consensus. A year earlier, Q2 2025 was a loss of $0.18 per share on revenue of about $1.1 billion.

Revenue in the table runs at a much lower level from Q3 2025 onward, between $316.9 million and $585.1 million a quarter, against roughly $0.8 billion to $1.6 billion before. The data does not explain the shift, so comparisons across it are not like for like. The table shows five losing quarters, the deepest at −$4.18 per share in Q4 2022, and 2022 as a whole was a loss of $2.88 per share. Annual EPS then recovered to $2.12 in 2023, $2.75 in 2024 and $6.50 in 2025, lifted by Q3 2025 at $3.74 against a $0.05 estimate. Southwest Gas beat the EPS estimate in only 8 of the last 20 quarters.

Q3 results came out between November 5 and November 9 in each of the past five years. That points to early November 2026 for the next report, which will show where revenue settles.

Earnings history

PeriodReportedEPS estimateEPS actualSurpriseRevenueFiling
Q2 2026Aug 5, 2026$0.45$0.58+28.63%$358.2MSEC
Q1 2026May 5, 2026$2.02$1.91−5.44%$585.1MSEC
Q4 2025Feb 25, 2026$1.33$1.36+1.88%$480.7MSEC
Q3 2025Nov 5, 2025$0.05$3.74+7757.14%$316.9MSEC
Q2 2025Aug 6, 2025$0.39−$0.18−146.17%$1.1BSEC
Q1 2025May 12, 2025$1.46$1.58+8.23%$1.3BSEC
Q4 2024Feb 26, 2025$1.12$1.28+14.72%$1.3BSEC
Q3 2024Nov 6, 2024$0.16$0.00−100.00%$1.1BSEC
Q2 2024Aug 6, 2024$0.48$0.25−48.37%$1.2BSEC
Q1 2024May 8, 2024$1.42$1.22−13.93%$1.6BSEC
Q4 2023Feb 28, 2024$0.97$1.01+4.11%$1.4BSEC
Q3 2023Nov 8, 2023$0.02$0.04+64.61%$1.2BSEC
Q2 2023Aug 9, 2023$0.34$0.40+18.52%$1.3BSEC
Q1 2023May 9, 2023$1.42$0.67−52.84%$1.6BSEC
Q4 2022Feb 28, 2023$1.69−$4.18−346.96%$1.4BSEC
Q3 2022Nov 9, 2022$0.32−$0.18−156.46%$1.1BSEC
Q2 2022Aug 9, 2022$0.54−$0.10−118.52%$1.1BSEC
Q1 2022May 9, 2022$2.11$1.58−25.10%$1.3BSEC
Q4 2021Mar 1, 2022$1.57$1.15−26.59%$1.1BSEC
Q3 2021Nov 9, 2021$0.13−$0.19−244.05%$888.7MSEC

Quarterly revenue

Q3 2021
$888.7M
Q4 2021
$1.1B
Q1 2022
$1.3B
Q2 2022
$1.1B
Q3 2022
$1.1B
Q4 2022
$1.4B
Q1 2023
$1.6B
Q2 2023
$1.3B
Q3 2023
$1.2B
Q4 2023
$1.4B
Q1 2024
$1.6B
Q2 2024
$1.2B
Q3 2024
$1.1B
Q4 2024
$1.3B
Q1 2025
$1.3B
Q2 2025
$1.1B
Q3 2025
$316.9M
Q4 2025
$480.7M
Q1 2026
$585.1M
Q2 2026
$358.2M

Frequently asked questions

  • When did Southwest Gas (SWX) last report earnings?

    Southwest Gas last reported on Aug 5, 2026, covering fiscal Q2 2026.

  • Did SWX beat earnings estimates?

    Yes. Southwest Gas reported EPS of $0.58 for Q2 2026 against a $0.45 estimate — a 28.63% beat.

  • How much revenue did SWX report last quarter?

    Southwest Gas reported $358.2M in revenue for Q2 2026, against a consensus estimate of $416.2M.

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.