Southwest Gas Holdings, Inc. Reports Third Quarter 2026 Financial Results, Reaffirms Full-Year 2026 Guidance
PR Newswire•04/11/2026•08:00 ET
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Key Highlights
- ➤$0.20 adjusted Q3 EPS from continuing operations, up from $0.06
- ➤Nevada rate case adds nearly $48 million annual revenue
- ➤California rate case adds $32.6 million annual revenue
- ➤Great Basin project targets $2.3 billion investment and $270-$300 million annual margin
- ➤Arizona staff recommends $58 million annual revenue increase and 9.75% ROE
Expert Statements
Justin Brown, President and CEO of Southwest Gas Holdings
“Our strong results give us confidence that we are on track to achieve our full-year guidance. We achieved several important regulatory milestones, completing our Nevada and California rate cases, which resulted in approximately $80 million of combined annual revenue increases, reinforcing regulatory support for infrastructure investments and enhancing earnings visibility,”
Justin Brown, President and CEO of Southwest Gas Holdings
“In Arizona, Commission Staff has recommended $58 million of incremental annual revenue, a 9.75% return on equity and a transition to a formula-rate model. The hearing is scheduled for December and we continue to anticipate new rates becoming effective in April 2027.”
Justin Brown, President and CEO of Southwest Gas Holdings
“In addition, we advanced our Great Basin 2028 expansion project by filing key resource reports and a draft Fixing America's Surface Transportation Act ("FAST") 41 application and remain focused on our commitment to project delivery by fourth quarter 2028. Together, these accomplishments demonstrate the disciplined execution of our strategy and position the company to deliver sustainable growth while maintaining our dedication to operational excellence.”
Southwest Gas Holdings, Inc. Reports Third Quarter 2026 Financial Results, Reaffirms Full-Year 2026 Guidance PR Newswire
Company Completes Nevada and California Rate Cases as Arizona Rate Case Progresses
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