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

- Company: EQT CORPORATION (EQT)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-04-22, accession number 0000033213-26-000030
- Page: https://plicit.ai/financials/eqt/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/eqt-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/eqt/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/eqt-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. 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
- **Upstream**: 3,206,439,000 US dollars
- **Gathering**: 334,975,000 US dollars
- **Transmission**: 161,452,000 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)**: 3,702,866,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Intersegment Eliminations and Other**: negative 324,130,000 US dollars. Reported reconciliation to consolidated revenue.
- **Upstream costs**: 1,480,163,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Gathering costs**: 116,707,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Transmission costs**: 45,430,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: negative 299,524,000 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: $1.49 B; to noncontrolling interests: $66.70 M.