EQT CorporationEQTEarnings & Financial Report
EQT Corporation is a leading independent natural gas exploration and production company headquartered in Pittsburgh, Pennsylvania, U.S. It mainly operates in the Appalachian Basin, producing natural gas, natural gas liquids and crude oil to supply energy for residential, commercial, industrial and power generation needs across North American markets.
EQT Q1 FY2026 Key Financial Metrics
Revenue
$3.4B
Gross Profit
N/A
Operating Profit
$2.0B
Net Profit
$1.5B
Gross Margin
N/A
Operating Margin
60.3%
Net Margin
44.0%
YoY Growth
94.2%
EPS
$2.36
EQT Corporation Q1 FY2026 Financial Summary
EQT Corporation reported revenue of $3.4B (up 94.2% YoY) for Q1 FY2026, with a net profit of $1.5B (up 392.7% YoY) (44.0% margin).
Key Financial Metrics
| Total Revenue | $3.4B |
|---|---|
| Net Profit | $1.5B |
| Gross Margin | N/A |
| Operating Margin | 60.3% |
| Report Period | Q1 FY2026 |
EQT Corporation Annual Revenue by Year
EQT Corporation annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.6B).
EQT Corporation Quarterly Revenue & Net Profit History
EQT Corporation results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $3.4B | +94.2% | $1.5B | 44.0% |
| Q4 FY2025 | $2.4B | +47.0% | $677.1M | 28.4% |
| Q3 FY2025 | $2.0B | +52.6% | $335.9M | 17.1% |
| Q2 FY2025 | $2.6B | +187.5% | $784.1M | 30.7% |
| Q1 FY2025 | $1.7B | +33.4% | $242.1M | 13.9% |
| Q4 FY2024 | $1.6B | +19.1% | $418.4M | 25.8% |
| Q3 FY2024 | $1.3B | +28.1% | $-300.8M | -23.4% |
| Q2 FY2024 | $889.5M | +4.9% | $9.5M | 1.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $889.5M | $1.28B | $1.62B | $1.74B | $2.56B | $1.96B | $2.39B | $3.38B |
| YoY Growth | 4.9% | 28.1% | 19.1% | 33.4% | 187.5% | 52.6% | 47.0% | 94.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $24.71B | $39.95B | $39.83B | $39.70B | $39.67B | $41.20B | $41.79B | $41.69B |
| Liabilities | $9.58B | $19.46B | $15.55B | $15.30B | $14.57B | $14.40B | $14.43B | $12.91B |
| Equity | $15.12B | $20.33B | $20.60B | $20.72B | $21.42B | $23.15B | $23.75B | $28.79B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $322.0M | $593.0M | $756.3M | $1.74B | $1.24B | $1.02B | $1.13B | $3.06B |