Expand Energy revenue and financials
$88.23Change from previous close: +2.08%Absolute change: +$1.80
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 | 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 assets | 28,030 | 29,521 | 28,287 | 27,606 | 27,768 | 27,934 | 27,894 | 13,392 | 13,608 | 14,018 | 14,376 | 14,248 |
| Current assets | 2,842 | 4,387 | 2,916 | 2,241 | 2,272 | 2,113 | 1,997 | 1,797 | 2,013 | 2,378 | 2,609 | 2,515 |
| Cash and equivalents | 663 | 2,220 | 616 | 613 | 731 | 349 | 317 | 1,044 | 1,019 | 1,179 | 1,079 | 713 |
| Receivables | 1,098 | 1,290 | 1,682 | 1,026 | 1,074 | 1,361 | 1,258 | 261 | 350 | 314 | 626 | 685 |
| Net property, plant and equipment | 24,450 | 24,315 | 24,454 | 24,236 | 24,172 | 24,260 | 24,427 | 9,954 | 10,004 | 10,057 | 10,196 | 10,106 |
| Long-term investments | 300 | 301 | 313 | 317 | 314 | 311 | 307 | 302 | 280 | — | 238 | 166 |
| Current liabilities | 2,965 | 3,950 | 2,901 | 2,766 | 2,924 | 3,589 | 3,123 | 899 | 931 | 1,020 | 1,314 | 1,614 |
| Accounts payable | 942 | 881 | 753 | 830 | 747 | 654 | 777 | 264 | 274 | 317 | 425 | 540 |
| Long-term debt | 3,685 | 4,133 | 5,009 | 5,010 | 5,122 | 5,243 | 5,291 | 2,017 | 2,021 | 2,025 | 2,028 | 2,032 |
| Total debt | 3,728 | 5,059 | 5,060 | 5,073 | 5,189 | — | — | — | — | — | — | — |
| Total liabilities | 8,620 | 9,975 | 9,709 | 9,456 | 9,831 | 10,743 | 10,329 | 3,204 | 3,238 | 3,336 | 3,647 | 3,980 |
| Total equity (incl. minority) | 19,410 | 19,546 | 18,578 | 18,150 | 17,937 | 17,191 | 17,565 | 10,188 | 10,370 | 10,682 | 10,729 | 10,268 |
| Retained earnings | 5,634 | 5,785 | 4,830 | 4,415 | 4,219 | 3,489 | 3,876 | 4,409 | 4,601 | 4,923 | 4,974 | 4,532 |
