Southwest Gas Holdings, Inc. (SWX)

Southwest Gas Holdings Revenue

Southwest Gas Holdings had revenue of $358.15M in the quarter ending June 30, 2026, a decrease of -9.63%. This brings the company's total for the last twelve months to $1.74B, down -15.28% year-over-year. In the year 2025, Southwest Gas Holdings had annual revenue of $1.94B, down -21.61%. That makes Southwest Gas Holdings the 5,462nd largest company in the world by revenue and 1,399th in the United States.

• Revenue (ttm): $1.74B
• Revenue Growth: -15.28%
• P/S Ratio: 3.87
• Revenue / Employee: $709,710
• Employees: 2,453
• Market Cap: 6.74B

Revenue Chart

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Revenue by Segment

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• Residential 1.28B 65.8%
• Small Commercial 333.41M 17.2%
• Transportation 116.58M 6.0%
• Alternative Revenue Program 86.59M 4.5%
• Large Commercial 72.37M 3.7%
• Industrial/Other 44.94M 2.3%
• Other Regulated Operations 9.82M 0.5%

Fiscal year ended Dec 31, 2025 See the full Southwest Gas Holdings breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	1.94B	-534.84M	-21.61%
Dec 31, 2024	2.48B	-2.96B	-54.45%
Dec 31, 2023	5.43B	473.96M	9.56%
Dec 31, 2022	4.96B	1.28B	34.77%
Dec 31, 2021	3.68B	381.58M	11.57%
Dec 31, 2020	3.30B	178.96M	5.74%
Dec 31, 2019	3.12B	239.90M	8.33%
Dec 31, 2018	2.88B	331.22M	13.00%
Dec 31, 2017	2.55B	88.30M	3.59%
Dec 31, 2016	2.46B	-3.14M	-0.13%
Dec 31, 2015	2.46B	341.92M	16.12%
Dec 31, 2014	2.12B	170.93M	8.76%
Dec 31, 2013	1.95B	23.00M	1.19%
Dec 31, 2012	1.93B	40.59M	2.15%
Dec 31, 2011	1.89B	56.82M	3.10%
Dec 31, 2010	1.83B	-63.45M	-3.35%
Dec 31, 2009	1.89B	-250.92M	-11.70%
Dec 31, 2008	2.14B	-7.35M	-0.34%
Dec 31, 2007	2.15B	127.33M	6.29%
Dec 31, 2006	2.02B	310.48M	18.11%
Dec 31, 2005	1.71B	-	-

Data Source: Fiscal.ai Last updated: Aug 5, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

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