EQT Corporation (EQT)

EQT Financials

EQT Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	10.033B	3.379B	2.274B	1.823B	2.558B	2.419B	1.808B	1.217B	891.179M
Cost of Goods Sold	3.607B	54.868M	1.230B	1.164B	1.158B	1.087B	1.111B	1.124B	1.098B
Gross Profit	6.426B	3.324B	1.044B	658.970M	1.400B	1.331B	697.463M	93.000M	-206.421M
Gross Profit Margin	98.4%	98.4%	45.9%	36.2%	54.7%	55.0%	38.6%	7.6%	-23.2%
Total Operating Expenses	1.738B	1.288B	128.674M	55.760M	265.593M	835.097M	-83.982M	374.840M	-209.392M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	384.353M	95.751M	108.296M	98.720M	81.586M	91.464M	107.994M	88.470M	67.207M
Operating Income (EBIT)	4.688B	2.036B	914.905M	603.210M	1.134B	496.250M	781.445M	-281.840M	2.971M
Operating Margin	60.3%	60.3%	40.2%	33.1%	44.3%	20.5%	43.2%	-23.2%	0.3%
Income Before Tax (EBT)	4.571B	1.987B	954.703M	536.482M	1.092B	394.086M	574.114M	-402.302M	-34.983M
Interest Income	1.115M	—	1.115M	—	—	—	—	—	—
Interest Expense	417.903M	96.777M	105.529M	109.929M	105.668M	117.569M	186.435M	158.299M	55.720M
Other Income/Expense	-117.375M	-48.678M	39.798M	-66.728M	-41.767M	-102.164M	-207.331M	-120.462M	-37.954M
Net Income	3.351B	1.554B	677.099M	335.862M	784.147M	242.139M	418.395M	-300.823M	9.517M
Income Tax Expense	1.007B	433.352M	208.335M	129.266M	235.615M	78.668M	146.869M	-104.870M	-44.222M
Net Profit Margin	46.0%	46.0%	29.8%	18.4%	30.7%	10.0%	23.1%	-24.7%	1.1%
EBITDA	7.623B	2.739B	1.728B	1.335B	1.821B	1.132B	1.381B	345.296M	486.719M
EBITDA Margin	81.1%	81.1%	76.0%	73.2%	71.2%	46.8%	76.4%	28.4%	54.6%
Depreciation & Amortization	2.634B	654.792M	667.762M	688.382M	623.471M	620.775M	620.319M	589.299M	465.982M
EPS Basic	5.42	2.49	1.08	0.54	1.31	0.40	0.70	-0.54	0.02
EPS Diluted	5.40	2.49	1.08	0.53	1.30	0.40	0.69	-0.54	0.02
Shares Outstanding	625.136M	625.136M	624.541M	624.532M	599.221M	597.976M	602.521M	559.603M	441.968M
Diluted Shares Outstanding	625.136M	625.136M	624.541M	628.324M	602.924M	602.838M	602.521M	559.603M	444.921M

EQT Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	9.073B	5.222B	5.070B	12.141B	6.840B	2.659B	3.800B	4.736B
Cost of Goods Sold	4.640B	4.455B	4.128B	4.081B	3.844B	1.575B	1.728B	1.806B
Gross Profit	4.434B	767.219M	941.579M	8.059B	2.996B	1.084B	2.071B	2.930B
Gross Profit Margin	48.9%	14.7%	18.6%	66.4%	43.8%	40.8%	54.5%	61.9%
Total Operating Expenses	1.285B	81.923M	-1.373B	5.341B	4.357B	1.961B	3.224B	5.713B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	380.066M	336.724M	236.171M	252.645M	196.315M	174.769M	170.611M	232.543M
Operating Income (EBIT)	3.148B	685.296M	2.314B	2.718B	-1.361B	-877.666M	-1.152B	-2.783B
Operating Margin	34.7%	13.1%	45.6%	22.4%	-19.9%	-33.0%	-30.3%	-58.8%
Income Before Tax (EBT)	2.978B	264.194M	2.103B	2.335B	-1.570B	-1.254B	-1.597B	-3.077B
Interest Income	1.115M	—	—	—	—	—	—	—
Interest Expense	438.695M	454.825M	219.660M	249.655M	289.753M	259.268M	199.851M	228.958M
Other Income/Expense	-170.861M	-421.102M	-210.913M	-383.335M	-208.563M	-376.436M	-445.361M	-294.307M
Net Income	2.039B	230.577M	1.735B	1.771B	-1.143B	-958.799M	-1.222B	-2.245B
Income Tax Expense	651.884M	22.079M	368.954M	553.720M	-428.037M	-295.293M	-375.776M	-696.511M
Net Profit Margin	22.5%	4.4%	34.2%	14.6%	-16.7%	-36.1%	-32.2%	-47.4%
EBITDA	5.871B	2.881B	4.055B	4.250B	429.092M	450.119M	200.337M	-1.074B
EBITDA Margin	64.7%	55.2%	80.0%	35.0%	6.3%	16.9%	5.3%	-22.7%
Depreciation & Amortization	2.600B	2.162B	1.732B	1.666B	1.709B	1.445B	1.598B	1.774B
EPS Basic	3.33	0.45	4.56	4.79	-3.57	-3.71	-4.79	-8.60
EPS Diluted	3.31	0.41	4.20	4.38	-3.57	-3.71	-4.79	-8.60
Shares Outstanding	624.541M	509.597M	380.902M	370.048M	323.196M	260.613M	255.141M	260.932M
Diluted Shares Outstanding	624.541M	559.603M	413.224M	406.495M	323.196M	260.613M	255.141M	260.932M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About EQT Corporation

EQT Corporation primarily functions as an extractor of natural gas within the United States. In addition to natural gas, the firm also obtains various natural gas liquids (NGLs), specifically ethane, propane, isobutane, butane, and natural gasoline. By the end of 2021, EQT possessed certified reserves amounting to 25.0 trillion cubic feet of natural gas, NGLs, and crude oil. These reserves are situated across roughly 2.0 million gross acres, with a significant 1.7 million gross acres located within the Marcellus shale formation. The company, which dates back to its founding in 1878, has its principal offices in Pittsburgh, Pennsylvania.

Pittsburgh, PA

1,523 employees

www.eqt.com

Energy / Oil & Gas Exploration & Production

Sector: Energy
Industry: Oil & Gas Exploration & Production
CEO: Toby Z. Rice

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