Southwest Gas Holdings (SWX) Revenue (2009 - 2026)
Southwest Gas Holdings (SWX) recorded Revenue of $358.15 million in Q2 2026, down 9.6% from $396.32 million a year earlier and down 38.8% from the prior quarter.
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Analysis
Southwest Gas Holdings (SWX) Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Southwest Gas Holdings' Revenue came in at $1.74 billion as of Jun 30, 2026, down 15.3% year-over-year; for FY2025, it was $1.94 billion, down 21.6% from FY2024.
- Annual Revenue has declined for three straight years, with a five-year compound annual growth rate of -10.1% (FY2020 to FY2025).
- Across earlier years, Revenue came in at $2.48 billion in FY2024 (-2.3%), $2.53 billion in FY2023 (-48.9%), $4.96 billion in FY2022 (+34.8%) and $3.68 billion in FY2021 (+11.6%).
- Quarterly Revenue has ranged from $316.91 million in Q3 2025 to $1.58 billion in Q1 2024 over the past five years.
- On a year-over-year basis, Revenue has declined for six consecutive quarters, with an average decline of 29.2% over the last six quarters.
- Peak year-over-year performance for Revenue in the last five years was growth of 26.7% in Q4 2022, against a decline of 66.5% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $585.12 million (Q1 2026), $480.74 million (Q4 2025) and $316.91 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 2.27 Bn |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 7.53 Bn |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 6.98 Bn |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 9.18 Bn |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 5.45 Bn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 4.48 Bn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 3.00 Bn |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 3.52 Bn |
| 10 | Southwest Gas Holdings | 5.99 Bn | 3.88 Bn | - | 358.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 358.15 Mn |
| Mar 31, 2026 | 585.12 Mn |
| Dec 31, 2025 | 480.74 Mn |
| Sep 30, 2025 | 316.91 Mn |
| Jun 30, 2025 | 396.32 Mn |
| Mar 31, 2025 | 746.42 Mn |
| Dec 31, 2024 | 553.06 Mn |
| Sep 30, 2024 | 359.13 Mn |
| Jun 30, 2024 | 1.18 Bn |
| Mar 31, 2024 | 1.58 Bn |
| Sep 30, 2023 | 1.17 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.60 Bn |
| Sep 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 1.15 Bn |
| Mar 31, 2022 | 1.27 Bn |
| Sep 30, 2021 | 888.70 Mn |
| Jun 30, 2021 | 821.42 Mn |
| Mar 31, 2021 | 885.91 Mn |
| Dec 31, 2020 | 914.08 Mn |
API Access
Southwest Gas Holdings Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=revenue&ticker=SWX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "ticker": "SWX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=revenue&ticker=SWX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();