Quarterly ResultAug 5, 2026, 08:48 AM
Southwest Gas Q2 Net Income $42.1M; EPS $0.58
AI Summary
Southwest Gas Holdings, Inc. reported a significant turnaround for Q2 2026, achieving a net income of $42.1 million, or $0.58 per diluted share, compared to a net loss of $40.2 million in Q2 2025. For the first six months of 2026, net income rose to $180.5 million, or $2.49 per diluted share, up from $73.7 million in the prior year. The company's results reflect its continuing natural gas distribution operations following the deconsolidation of its Utility Infrastructure Services segment in August 2025.
Key Highlights
- Q2 2026 net income was $42.1 million, a significant improvement from a $40.2 million net loss in Q2 2025.
- Diluted EPS for Q2 2026 was $0.58, up from $(0.56) in the same period last year.
- Six-month net income increased to $180.5 million in 2026 from $73.7 million in 2025.
- Six-month diluted EPS rose to $2.49 in 2026 from $1.02 in 2025.
- Regulated operations revenues for Q2 2026 were $358.2 million, down from $396.3 million in Q2 2025.
- Operating income for Q2 2026 increased to $84.3 million from $64.5 million in Q2 2025.
- Capital expenditures for the six months ended June 30, 2026, were $529.1 million.
- Total equity increased to $4.13 billion as of June 30, 2026, from $3.96 billion at year-end 2025.
Price Impact
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