EQT CORPORATION (EQT) FY2026 Q1 P&L / Income Statement

Revenue by Product and Service

2026-01-01 to 2026-03-31

Swipe to see the full flow
EQT CORPORATION (EQT) FY2026 Q1 P&L / Income StatementIncome statement for 2026-01-01 through 2026-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETSales of natural gas, natural gas liquids and oilPipeline and otherTotal operating revenuesRevenue before reconciliation (calculated)Loss on derivativesGross profit (calculated)Transportation and processingOperating incomeOperating expenses (calculated)Depreciation, depletion and amortizationProductionSelling, general and administrativeOperating and maintenanceImpairment and expiration of leasesExploration(Gain) loss on sale/exchange of long-lived assetsOther operating expensesIncome before income taxesOther income (expense), net (calculated)Net incomeIncome tax expenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$3.62 BTotal operating revenuesTotal operatingrevenues$3.38 BGross profit (calculated)Gross profit(calculated)$2.98 BOperating incomeOperating income$2.04 BIncome before income taxesPretax income$1.99 BNet incomeNet income$1.55 BSales of natural gas, natural gas liquids and oilSales of naturalgas, natural gasliquids and oil$3.44 BOperating expenses (calculated)Operating expenses(calculated)$942.44 MIncome tax expenseIncome tax expense$433.35 MDepreciation, depletion and amortizationDepreciation, depletionand amortization$654.79 MOther income (expense), net (calculated)Other income,net (calculated)−$48.68 MTransportation and processingTransportationand processing$400.34 MPipeline and otherPipeline and other$177.07 MProductionProduction$115.18 MSelling, general and administrativeSelling, general and administrative$95.75 MLoss on derivativesLoss on derivatives−$238.27 MOperating and maintenanceOperating and maintenance$54.87 MImpairment and expiration of leasesImpairment andexpiration of leases$3.82 MExplorationExploration$430.00 K(Gain) loss on sale/exchange of long-lived assets(Gain) loss on sale/exchangeof long-lived assets−$25.00 KOther operating expensesOther operating expenses$17.62 M
Chart details

EQT CORPORATION (EQT) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues
3,378,736,000 US dollars
Transportation and processing
400,339,000 US dollars
Gross profit (calculated)
2,978,397,000 US dollars
Operating expenses (calculated)
942,437,000 US dollars
Operating income
2,035,960,000 US dollars
Other income (expense), net (calculated)
negative 48,678,000 US dollars
Income before income taxes
1,987,282,000 US dollars
Income tax expense
433,352,000 US dollars
Net income
1,553,930,000 US dollars
Pipeline and other
177,070,000 US dollars
Sales of natural gas, natural gas liquids and oil
3,439,935,000 US dollars
Exploration
430,000 US dollars
Depreciation, depletion and amortization
654,792,000 US dollars
Other operating expenses
17,620,000 US dollars
(Gain) loss on sale/exchange of long-lived assets
negative 25,000 US dollars
Selling, general and administrative
95,751,000 US dollars
Impairment and expiration of leases
3,823,000 US dollars
Production
115,178,000 US dollars
Operating and maintenance
54,868,000 US dollars
Revenue before reconciliation (calculated)
3,617,005,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Loss on derivatives
negative 238,269,000 US dollars. Reported reconciliation to consolidated revenue.

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: $1.49 B; to noncontrolling interests: $66.70 M.
EQT CORPORATION (EQT) FY2026 Q1 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

88.2%

Gross profit / revenue

Operating margin

60.3%

Operating profit / revenue

Cash conversion

196.6%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!