Expand Energy revenue and financials
$88.30Change from previous close: +0.08%Absolute change: +$0.07
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 revenue | 2,511 | 4,527 | 3,104 | 2,516 | 2,809 | 3,210 | 2,244 | 600 | 514 | 901 | 1,276 | 1,406 |
| Cost of revenue | 1,511 | 2,056 | 1,649 | 1,484 | 1,554 | 1,677 | 1,407 | 405 | 362 | 584 | 798 | 1,015 |
| Gross profit | 1,000 | 2,471 | 1,455 | 1,032 | 1,255 | 1,533 | 837 | 195 | 152 | 317 | 478 | 391 |
| Selling, general and administrative | 50.0 | 63.0 | 49.0 | 45.0 | 40.0 | 47.0 | 50.0 | 39.0 | 47.0 | 47.0 | 28.0 | 29.0 |
| Operating income | 661 | 1,541 | 854 | 731 | 1,290 | -268 | -119 | -140 | -258 | 35.0 | 589 | 79.0 |
| EBIT | 661 | 1,541 | 854 | 731 | 1,290 | -268 | -119 | -140 | -258 | 35.0 | 589 | 79.0 |
| EBITDA | 1,383 | 2,252 | 1,613 | 1,472 | 2,059 | 443 | 528 | 195 | 90.0 | 434 | 968 | 461 |
| Interest expense | 43.0 | 59.0 | 59.0 | 57.0 | 60.0 | 59.0 | 64.0 | 20.0 | 20.0 | 19.0 | 22.0 | 23.0 |
| Pre-tax income | 672 | 1,489 | 687 | 686 | 1,228 | -319 | -421 | -158 | -295 | 33.0 | 735 | 71.0 |
| Income tax | 150 | 330 | 134 | 139 | 260 | -70.0 | -22.0 | -44.0 | -68.0 | 7.0 | 166 | 1.0 |
| Net income | 522 | 1,159 | 553 | 547 | 968 | -249 | -399 | -114 | -227 | 26.0 | 569 | 70.0 |
| Net income to common shareholders | 522 | 1,159 | 553 | 547 | 968 | -249 | -399 | -114 | -227 | 26.0 | 569 | 70.0 |
| Basic EPS | 2.19 | 4.83 | 2.32 | 2.30 | 4.07 | -1.06 | -1.72 | -0.85 | -1.73 | 0.20 | 4.34 | 0.53 |
| Diluted EPS | 2.19 | 4.81 | 2.30 | 2.28 | 4.02 | -1.06 | -1.72 | -0.85 | -1.73 | 0.18 | 4.02 | 0.49 |
| Average shares (basic) | 238 | 240 | 238 | 238 | 238 | 234 | 232 | 134 | 131 | 131 | 131 | 132 |
| Average shares (diluted) | 238 | 241 | 240 | 240 | 241 | 234 | 232 | 134 | 131 | 142 | 141 | 142 |
| Dividend per share | 0.58 | 0.58 | 0.58 | 1.47 | 0.58 | 0.58 | 0.58 | 0.58 | 0.72 | 0.58 | 0.58 | 0.58 |