Expand Energy revenue and financials
$86.43Change from previous close: +1.06%Absolute change: +$0.91
In the fiscal year ended December 2025, Expand Energy reported revenue of $12.12B (+186.28% year over year). Net income was $1.82B, a net margin of 15.0%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +186.28%
- 2025 vs 2024
- Net margin
- 15.0%
- 2024: -16.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 12,124 | 4,235 | 8,721 | 11,743 | 5,240 | 8,532 | 10,030 | 10,039 | 7,872 | 12,764 |
| Cost of revenue | 5,991 | 3,080 | 2,736 | 3,287 | — | — | — | — | — | — |
| Gross profit | 6,198 | 1,141 | 5,039 | 8,156 | — | — | — | — | — | — |
| Selling, general and administrative | 3,341 | 1,496 | 2,626 | 4,357 | — | — | — | — | — | — |
| Operating income | 2,471 | -803 | 3,142 | 3,780 | -8,703 | -31.0 | 382 | -138 | -4,411 | -18,919 |
| EBIT | 2,517 | -711 | 3,221 | 3,811 | — | — | — | — | — | — |
| EBITDA | 5,497 | 1,018 | 4,748 | 5,564 | — | — | — | — | — | — |
| Interest expense | 235 | 130 | 104 | 160 | 331 | 651 | 633 | 601 | 296 | 317 |
| Pre-tax income | 2,282 | -841 | 3,117 | 3,651 | — | — | — | — | — | — |
| Income tax | 463 | -127 | 698 | -1,285 | -19.0 | -331 | -10.0 | 2.0 | -190 | -4,463 |
| Net income | 1,819 | -714 | 2,419 | 4,936 | -9,734 | -308 | 226 | -505 | -4,390 | -14,567 |
| Net income to common shareholders | 1,819 | -714 | 2,419 | 4,869 | — | — | — | — | — | — |
| Basic EPS | 7.67 | -4.55 | 18.21 | 38.71 | -998.26 | -49.97 | 29.26 | -0.70 | -6.43 | -22.26 |
| Diluted EPS | 7.57 | -4.55 | 16.92 | 33.36 | -998.26 | -49.97 | 29.26 | -0.70 | -6.43 | -22.26 |
| Average shares (basic) | 237 | 157 | 133 | 126 | — | — | — | — | — | — |
| Average shares (diluted) | 240 | 157 | 143 | 146 | 9.8 | 8.3 | 4.5 | 906 | 764 | 662 |