EQT revenue and financials
$52.47Change from previous close: +2.64%Absolute change: +$1.35
In the fiscal year ended December 2025, EQT reported revenue of $8.64B (+63.92% year over year). Net income was $2.04B, a net margin of 23.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +63.92%
- 2025 vs 2024
- Net income growth
- +784.41%
- 2025 vs 2024
- Net margin
- 23.6%
- 2024: 4.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,048 | 3,055 | 1,125 | 1,018 | 1,242 | 1,741 | 756 | 593 | 322 | 1,156 | 624 | 455 |
| Depreciation and amortization | 690 | 655 | 668 | 688 | 623 | 621 | 620 | 589 | 466 | 487 | 502 | 439 |
| Capital expenditure | -650 | -599 | -613 | -626 | -550 | -500 | -592 | -569 | -558 | -534 | -533 | -504 |
| Investing cash flow | -681 | -842 | -621 | -1,026 | -664 | -534 | 582 | -1,283 | -312 | -567 | -540 | -2,790 |
| Financing cash flow | -581 | -1,997 | -629 | -312 | -304 | -1,127 | -1,226 | 749 | -628 | -21.4 | -68.6 | 1,185 |
| Dividends paid | -103 | -103 | -103 | -98.3 | -94.3 | -94.1 | -94.0 | -93.6 | -69.6 | -69.4 | -65.8 | -54.2 |
| Share repurchases | -0.4 | -45.7 | -0.3 | -0.6 | -3.0 | -50.2 | -10.4 | -58.1 | -0.1 | -34.3 | -0.5 | -41.2 |
| Debt issued | 1,511 | 950 | 511 | 784 | 810 | 1,424 | 3,309 | 3,264 | 207 | 857 | 694 | 1,563 |
| Debt repaid | -1,851 | -2,769 | -925 | -881 | -886 | -2,349 | -7,793 | -2,350 | -763 | -859 | -695 | -314 |
| Net change in cash | -214 | 216 | -125 | -320 | 274 | 79.7 | 113 | 59.0 | -618 | 567 | 16.2 | -1,151 |
| Free cash flow | 398 | 2,457 | 513 | 391 | 692 | 1,242 | 165 | 23.5 | -236 | 621 | 91.2 | -49.5 |
| Levered free cash flow | 187 | 1,782 | 254 | 197 | 239 | 1,108 | 40.0 | 172 | -141 | 602 | -273 | -125 |