EXPAND ENERGY CorpEXEELEarnings & Financial Report
Expand Energy Corporation is the largest independent natural gas producer in the U.S., based on net daily production. Headquartered in Oklahoma City, the company operates in the Appalachian Basin of the Marcellus Formation in Pennsylvania and West Virginia, as well as the Haynesville Shale in Northwestern Louisiana.
EXEEL Q4 2025 Key Financial Metrics
Revenue
$3.3B
Gross Profit
N/A
Operating Profit
$745.0M
Net Profit
$553.0M
Gross Margin
N/A
Operating Margin
22.8%
Net Margin
16.9%
YoY Growth
63.5%
EPS
$2.33
Financial Flow
EXPAND ENERGY Corp Q4 2025 Financial Summary
EXPAND ENERGY Corp reported revenue of $3.3B for Q4 2025, with a net profit of $553.0M (16.9% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $3.3B |
|---|---|
| Net Profit | $553.0M |
| Gross Margin | N/A |
| Operating Margin | 22.8% |
| Report Period | Q4 2025 |
EXPAND ENERGY Corp Annual Revenue by Year
EXPAND ENERGY Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $12.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $12.1B |
| 2024 | $4.2B |
| 2023 | $8.7B |
| 2022 | $11.7B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $505.0M | $648.0M | $2.00B | $2.20B | $3.69B | $2.97B | $3.27B |
| YoY Growth | -67.9% | -73.3% | -57.1% | 2.7% | 103.1% | 630.7% | 357.7% | 63.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.02B | $13.61B | $13.39B | $27.89B | $27.93B | $27.77B | $27.61B | $28.29B |
| Liabilities | $3.34B | $3.24B | $3.20B | $10.33B | $10.74B | $9.83B | $9.46B | $9.71B |
| Equity | $10.68B | $10.37B | $10.19B | $17.57B | $17.19B | $17.94B | $18.15B | $18.58B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $552.0M | $209.0M | $422.0M | $382.0M | $1.10B | $1.32B | $1.20B | $956.0M |
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