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EXPAND ENERGY Corp

EXPAND ENERGY CorpEXEEZEarnings & Financial Report

Nasdaq · petroleum industry

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.

EXEEZ 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 MarginN/A
Operating Margin22.8%
Report PeriodQ4 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).

YearAnnual Revenue
2025$12.1B
2024$4.2B
2023$8.7B
2022$11.7B

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 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 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 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 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$552.0M$209.0M$422.0M$382.0M$1.10B$1.32B$1.20B$956.0M