Southwest Gas Holdings, Inc. revenue by segment SWX

Annual Quarterly

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2024 Sep 30, 2024	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Revenue	5,210	—	—	5,434	4,960	3,680	3,299	1,385	1,306	2,549
Operating segments
Utility Infrastructure Services	—	—	—	2,899 +5.0% share 53.4%	2,760 +27.9% share 55.7%	2,159 +10.8% share 58.7%	1,948 +11.3% share 59.1%	1,751 +15.0% share 126.4%	1,522 +22.1% share 116.6%	1,246 share 48.9%
Natural Gas Distribution	—	—	—	2,500 +29.2% share 46.0%	1,935 +27.2% share 39.0%	1,522 +12.7% share 41.3%	1,351 -1.3% share 40.9%	1,369 +0.8% share 98.8%	1,358 +4.3% share 104.0%	1,302 share 51.1%
Pipeline And Storage	—	—	—	35 share 0.6%	—	0 share 0.0%	—	—	—	—
Sales mix
Utility Infrastructure Services	—	—	—	2,899 +5.0% share 53.4%	2,760 +27.9% share 55.7%	2,159 +10.8% share 58.7%	1,948 +11.3% share 59.1%	1,751 +15.0% share 126.4%	1,522 +22.1% share 116.6%	1,246 share 48.9%
Natural Gas Distribution	—	—	—	2,500 +29.2% share 46.0%	1,935 +27.2% share 39.0%	1,522 +12.7% share 41.3%	1,351 -1.3% share 40.9%	1,369 +0.8% share 98.8%	1,358 +4.3% share 104.0%	1,302 share 51.1%
Pipeline And Storage	—	—	—	35 share 0.6%	—	0 share 0.0%	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Natural Gas Transmisison & Distribution (SIC 4923)
Listed as: SWX (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Las Vegas, NV
SEC filer status: Large accelerated filer
SEC CIK: 1692115

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.