EQT CORPORATION (EQT) FY2025 Annual P&L / Income Statement

EQT CORPORATION (EQT) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues

8,644,211,000 US dollars

Transportation and processing

1,532,090,000 US dollars

Gross profit (calculated)

7,112,121,000 US dollars

Operating expenses (calculated)

3,862,502,000 US dollars

Operating income

3,249,619,000 US dollars

Other income (expense), net (calculated)

negative 272,077,000 US dollars

Income before income taxes

2,977,542,000 US dollars

Income tax expense

651,884,000 US dollars

Net income

2,325,658,000 US dollars

Upstream

8,024,057,000 US dollars

Gathering

1,301,434,000 US dollars

Transmission

572,252,000 US dollars

Production

388,696,000 US dollars

Operating and maintenance

225,131,000 US dollars

Exploration

3,601,000 US dollars

Selling, general and administrative

380,066,000 US dollars

Depreciation, depletion and amortization

2,600,390,000 US dollars

(Gain) loss on sale/exchange of long-lived assets

negative 31,214,000 US dollars

Impairment and expiration of leases

51,152,000 US dollars

Other operating expenses

244,680,000 US dollars

Revenue before reconciliation (calculated)

9,897,743,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Intersegment Eliminations and Other

negative 1,253,532,000 US dollars. Reported reconciliation to consolidated revenue.

Upstream costs

5,705,926,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Gathering costs

464,780,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Transmission costs

197,020,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

negative 973,134,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to EQT CORPORATION: $2.04 B; to noncontrolling interests: $286.41 M.