Expand Energy revenue and financials

EXE · NASDAQ · USD

$88.23Change from previous close: +2.08%Absolute change: +$1.80

Close · October 6, 2026

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%.

Annual revenue · 2025: $12.12B
  1. $12.76B2015
  2. $7.87B2016
  3. $10.04B2017
  4. $10.03B2018
  5. $8.53B2019
  6. $5.24B2020
  7. $11.74B2022
  8. $8.72B2023
  9. $4.24B2024
  10. $12.12B2025

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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets28,03029,52128,28727,60627,76827,93427,89413,39213,60814,01814,37614,248
Current assets2,8424,3872,9162,2412,2722,1131,9971,7972,0132,3782,6092,515
Cash and equivalents6632,2206166137313493171,0441,0191,1791,079713
Receivables1,0981,2901,6821,0261,0741,3611,258261350314626685
Net property, plant and equipment24,45024,31524,45424,23624,17224,26024,4279,95410,00410,05710,19610,106
Long-term investments300301313317314311307302280—238166
Current liabilities2,9653,9502,9012,7662,9243,5893,1238999311,0201,3141,614
Accounts payable942881753830747654777264274317425540
Long-term debt3,6854,1335,0095,0105,1225,2435,2912,0172,0212,0252,0282,032
Total debt3,7285,0595,0605,0735,189———————
Total liabilities8,6209,9759,7099,4569,83110,74310,3293,2043,2383,3363,6473,980
Total equity (incl. minority)19,41019,54618,57818,15017,93717,19117,56510,18810,37010,68210,72910,268
Retained earnings5,6345,7854,8304,4154,2193,4893,8764,4094,6014,9234,9744,532