EQT CORPORATION (EQT) FY2025 Q1 P&L / Income Statement

EQT CORPORATION (EQT) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues

1,739,850,000 US dollars

Transportation and processing

378,209,000 US dollars

Gross profit (calculated)

1,361,641,000 US dollars

Operating expenses (calculated)

865,391,000 US dollars

Operating income

496,250,000 US dollars

Other income (expense), net (calculated)

negative 102,164,000 US dollars

Income before income taxes

394,086,000 US dollars

Income tax expense

78,668,000 US dollars

Net income

315,418,000 US dollars

Production revenue

1,569,283,000 US dollars

Gathering

335,313,000 US dollars

Transmission

146,271,000 US dollars

Exploration

1,051,000 US dollars

Depreciation, depletion and amortization

620,775,000 US dollars

Other operating expenses

13,474,000 US dollars

Loss on sale/exchange of long-lived assets

231,000 US dollars

Selling, general and administrative

91,464,000 US dollars

Impairment and expiration of leases

2,661,000 US dollars

Production expense

88,438,000 US dollars

Operating and maintenance

47,297,000 US dollars

Revenue before reconciliation (calculated)

2,050,867,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Intersegment Eliminations and Other

negative 311,017,000 US dollars. Reported reconciliation to consolidated revenue.

Production costs

1,377,497,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Gathering costs

104,112,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Transmission costs

43,121,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

negative 281,130,000 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: $242.14 M; to noncontrolling interests: $73.28 M.