EQT Quarterly Income Statement
NYSE: EQTEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
EQT revenue and earnings
In the quarter ended Jun 30, 2026, EQT generated $1.81 billion in revenue, down 29.2% from the same quarter a year earlier. Net income was $211.4 million (-73.0% year over year), for a net margin of 11.7% versus a median of 28.4% in the prior 5 quarters. Gross margin was 78.7% (down from 84.8%) and operating margin 21.8%.
Diluted earnings per share came in at $0.34, down from $1.30.
Summary generated from market data by MetaCap's automated system. Methodology
EQT income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.81B | 3.38B | 2.39B | 1.96B | 2.56B | 1.74B | 1.62B | 1.28B | 952.51M | 1.41B | 2.04B | 1.19B |
| Revenue growth (YoY) | -29.24% | +94.20% | +46.98% | +52.56% | +168.52% | +23.20% | -20.47% | +8.24% | -6.50% | -46.93% | -41.29% | -42.69% |
| Cost of Revenue | 385.02M | 400.34M | 387.63M | 377.13M | 389.12M | 378.21M | 386.52M | 440.85M | 543.07M | 545.18M | 564.33M | 554.79M |
| Gross Profit | 1.42B | 2.98B | 2.00B | 1.58B | 2.17B | 1.36B | 1.24B | 842.96M | 409.44M | 867.09M | 1.48B | 631.31M |
| Operating Expenses | 1.03B | 942.44M | 984.32M | 978.23M | 1.03B | 865.39M | 456.76M | 1.12B | 406.47M | 684.37M | 755.96M | 615.51M |
| Selling, General & Admin | 106.44M | 95.75M | 108.30M | 98.72M | 81.59M | 91.46M | 107.99M | 88.47M | 67.21M | 73.05M | 67.17M | 56.94M |
| Operating Income | 394.04M | 2.04B | 1.02B | 603.21M | 1.13B | 496.25M | 781.45M | -281.84M | 2.97M | 182.72M | 722.72M | 15.81M |
| Interest Expense | 75.45M | 96.78M | 105.53M | 109.93M | 105.67M | 117.57M | 186.44M | 158.30M | 55.72M | 54.37M | 72.80M | 60.43M |
| Other Income (Expense) | 3.40M | 118.00K | 1.11M | 472.00K | 2.62M | 623.00K | 2.39M | 3.96M | 19.43M | 205.00K | 362.00K | 132.00K |
| Pretax Income | 366.38M | 1.99B | 954.70M | 536.48M | 1.09B | 394.09M | 574.11M | -402.30M | -34.98M | 127.36M | 652.43M | -46.12M |
| Income Tax | 84.93M | 433.35M | 208.34M | 129.27M | 235.62M | 78.67M | 146.87M | -104.87M | -44.22M | 24.30M | 150.98M | -126.85M |
| Net Income | 211.43M | 1.49B | 677.10M | 335.86M | 784.15M | 242.14M | 418.39M | -300.82M | 9.52M | 103.49M | 502.06M | 81.25M |
| Net Income growth (YoY) | -73.04% | +514.20% | +61.83% | — | +8139.43% | +133.98% | -16.66% | -470.22% | — | -91.51% | -70.67% | -88.11% |
| EPS (Basic) | 0.34 | 2.38 | 1.08 | 0.54 | 1.31 | 0.40 | 0.73 | -0.54 | 0.02 | 0.24 | 1.16 | 0.21 |
| EPS (Diluted) | 0.34 | 2.36 | 1.08 | 0.53 | 1.30 | 0.40 | 0.74 | -0.54 | 0.02 | 0.23 | 1.10 | 0.20 |
| Shares Outstanding (Basic) | 625.96M | 625.14M | — | 624.53M | 599.22M | 597.98M | — | 559.60M | 441.97M | 439.46M | — | 383.36M |
| Shares Outstanding (Diluted) | 629.05M | 629.21M | — | 628.32M | 602.92M | 602.84M | — | 559.60M | 444.92M | 444.97M | — | 416.19M |
| EBITDA | 1.08B | 2.69B | 1.68B | 1.29B | 1.76B | 1.12B | 1.40B | 307.46M | 468.95M | 669.47M | 1.22B | 462.69M |
| Gross Margin | 78.73% | 88.15% | 83.77% | 80.74% | 84.79% | 78.26% | 76.21% | 65.66% | 42.99% | 61.40% | 72.38% | 53.23% |
| Operating Margin | 21.77% | 60.26% | 42.55% | 30.80% | 44.34% | 28.52% | 48.10% | -21.95% | 31.00% | 12.94% | 35.38% | 133.00% |
| Net Margin | 11.68% | 44.02% | 28.35% | 17.15% | 30.66% | 13.92% | 25.75% | -23.43% | 100.00% | 7.33% | 24.57% | 6.85% |
This table shows 12 quarterly periods of EQT's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow EQT's reporting calendar. What is a income statement?