Southwest Gas Holdings posts Q2 net loss of $12.9 million on Centuri stock sale taxes
Southwest Gas Holdings reported second quarter 2025 results on August 6, 2025, with a GAAP net loss of $12.9 million, compared with net income of $18.3 million a year earlier. The company said the decline was primarily due to income taxes tied to its sale of Centuri stock, while adjusted diluted EPS rose to $0.53 from $0.31 and it reaffirmed its 2025 Southwest Gas net income guidance of $265 million to $275 million. For shareholders, GAAP earnings and consolidated revenue fell, while Centuri share sales funded debt reduction of over $470 million.
Key points
- Q2 2025 GAAP net loss of $12.9 million, or $0.18 per diluted share, versus net income of $18.3 million, or $0.25 per diluted share, in Q2 2024
- Adjusted diluted EPS of $0.53 for Q2 2025 versus $0.31 for Q2 2024
- Consolidated operating revenues of $1.12 billion versus $1.18 billion in Q2 2024
- 2025 Southwest Gas net income guidance of $265 million to $275 million reaffirmed
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.