Every 10-Q that Southwest Gas Holdings, Inc. (SWX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SWX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SWX filings page.
Southwest Gas Holdings, Inc., now focused on regulated natural gas distribution after Centuri’s 2025 deconsolidation, reported higher results from continuing operations for the quarter and six months ended June 30, 2026. Regulated revenues were $358,154 thousand in the quarter and $943,273 thousand year‑to‑date, while net income from continuing operations attributable to shareholders reached $42,122 thousand for the quarter and $180,496 thousand for six months, or $0.58 and $2.49 per diluted share.
Operating margin (regulated revenues less net cost of gas) rose to $319,712 thousand in the quarter and $796,677 thousand year‑to‑date, mainly from updated rates, including CPUC approval of a California general rate case and All‑Party Settlement that provided a $39,500‑thousand revenue increase plus $20,200 thousand of retroactive revenue, along with customer growth and decoupling mechanisms. Offsetting factors were higher depreciation from a larger gas plant base and higher income tax expense as prior‑year state tax benefits did not recur and amortization of excess deferred taxes declined.
At June 30, 2026, total assets were $10,475,435 thousand, long‑term debt (less current maturities) was $3,409,859 thousand, and cash and cash equivalents were $270,518 thousand. Management cites nearly $1.0 billion of available liquidity, no borrowings under revolving credit facilities, and capital expenditures of $529,116 thousand year‑to‑date, including Great Basin 2028 expansion work backed by 948,876 mcf per day of contracted capacity and a $50,100‑thousand transportation backlog through 2029. The company also restated 2025 interim results to correct state deferred income tax calculations, increasing prior‑year income tax expense and deferred tax liabilities by approximately $27,300 thousand.
Southwest Gas Holdings reported first-quarter 2026 income from continuing operations of $138.4 million, up from $134.3 million a year earlier, as its business is now focused solely on regulated natural gas distribution. Regulated operations revenues declined to $585.1 million from $746.4 million because lower gas costs are passed through to customers, but operating margin increased to $477.0 million from $461.8 million, reflecting new rates in Arizona and Nevada and customer growth.
Net income attributable to shareholders rose to $138.4 million, or $1.91 per basic share, compared with $113.9 million, or $1.58 per share, when prior-year results included a loss from discontinued Centuri operations. The utility invested $208.7 million in capital expenditures year-to-date, had $484.8 million of cash and cash equivalents, and maintained long-term debt of about $3.43 billion.
Management highlighted strong liquidity of nearly $1.2 billion in available capacity and raised the quarterly dividend to $0.645 per share. The company is pursuing sizable rate cases in Arizona and Nevada and a California settlement, while subsidiary Great Basin advances a potential $1.7 billion pipeline expansion project and holds backlog performance obligations of $53.5 million through 2029.
Southwest Gas Holdings (SWX) filed its Q3 2025 10‑Q, highlighting completion of the Centuri separation and a shift to a single Natural Gas Distribution segment. Q3 total operating revenues were $316,911 thousand and net income was $267,959 thousand, driven by discontinued operations related to Centuri. Diluted EPS was $3.74, including continued and discontinued operations. Operating income from regulated operations was $37,008 thousand, with lower gas costs supporting margins.
The Centuri exit was completed through secondary offerings and private placements yielding $1,349.9 million in net proceeds. The deconsolidation on August 11 produced a $278,791 thousand net gain and a $220.7 million net gain on the retained interest through final disposition on September 5. Proceeds were used to repay debt, fund dividends, and for general corporate purposes; the $225 million term loan was fully repaid, and there were no short‑term borrowings outstanding at September 30. Cash and cash equivalents were $778,631 thousand, and equity attributable to SWX stockholders was $3,928,679 thousand.