SOUTHWEST GAS CORP
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
SWX$92.05-0.4%Stored close · as of Nov 10, 2026
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Southwest Gas Corporation Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Operating revenues: | |||
| Regulated operations revenues | $1,942,480 | $2,482,990 | $2,494,220 |
| Operating expenses: | |||
| Net cost of gas sold | 497,636 | 1,157,364 | 1,251,367 |
| Operations and maintenance | 537,644 | 520,820 | 510,387 |
| Depreciation and amortization | 330,724 | 303,095 | 295,462 |
| Taxes other than income taxes | 94,070 | 88,965 | 87,261 |
| Total operating expenses | 1,460,074 | 2,070,244 | 2,144,477 |
| Operating income | 482,406 | 412,746 | 349,743 |
| Other income and (expenses): | |||
| Net interest deductions | (181,677) | (162,257) | (149,830) |
| Other income (deductions) | 52,402 | 54,276 | 70,661 |
| Total other income and (expenses) | (129,275) | (107,981) | (79,169) |
| Income before income taxes | 353,131 | 304,765 | 270,574 |
| Income tax expense | 52,823 | 42,669 | 42,162 |
| Net income | $300,308 | $262,096 | $228,412 |
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