EQT revenue and financials

EQT · NYSE · USD

$52.28−0.37%−$0.20

Close · October 7, 2026

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%.

Annual revenue · 2025: $8.64B

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Quarterly
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
Total revenue	1,728	3,556	2,228	1,783	1,798	2,372	1,756	1,177	850	1,258	1,337	985
Cost of revenue	448	454	452	435	441	420	438	495	591	588	605	595
Gross profit	1,280	3,101	1,776	1,347	1,357	1,952	1,318	682	260	670	732	391
Selling, general and administrative	167	151	172	159	136	139	153	129	80.8	84.7	76.8	61.2
Operating income	404	2,040	1,225	622	1,140	499	392	15.4	-279	192	875	23.7
EBIT	404	2,040	1,225	622	1,140	499	392	15.4	-279	192	875	23.7
EBITDA	1,093	2,695	1,893	1,310	1,764	1,120	1,013	605	186	679	1,377	463
Interest expense	75.5	96.8	106	110	106	118	186	158	55.7	54.4	72.8	60.4
Pre-tax income	366	1,987	955	536	1,092	394	574	-402	-35.0	127	652	-46.1
Income tax	84.9	433	208	129	236	78.7	147	-105	-44.2	24.3	151	-127
Net income	211	1,487	677	336	784	242	418	-301	9.5	103	502	81.3
Net income to common shareholders	211	1,487	677	336	784	242	418	-301	9.5	103	502	81.3
Basic EPS	0.34	2.38	1.08	0.54	1.31	0.40	0.70	-0.54	0.02	0.24	1.20	0.21
Diluted EPS	0.34	2.36	1.07	0.53	1.30	0.40	0.69	-0.54	0.02	0.23	1.13	0.20
Average shares (basic)	626	625	625	625	599	598	597	560	442	439	417	383
Average shares (diluted)	629	629	629	628	603	603	603	560	445	445	445	416
Dividend per share	0.17	0.17	0.17	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.16	0.15