EQT CORPORATION (EQT) FY2026 Q2 P&L / Income Statement

Revenue by Business Segment

2026-04-01 to 2026-06-30

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EQT CORPORATION (EQT) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETUpstreamGatheringTransmissionTotal operating revenuesRevenue before reconciliation (calculated)Intersegment Eliminations and OtherGross profit (calculated)Transportation and processingOperating incomeOperating expenses (calculated)Depreciation, depletion and amortizationSelling, general and administrativeProductionOperating and maintenanceImpairment and expiration of leasesLoss 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)$2.15 BTotal operating revenuesTotal operatingrevenues$1.81 BGross profit (calculated)Gross profit(calculated)$1.42 BOperating incomeOperating income$394.04 MIncome before income taxesPretax income$366.38 MNet incomeNet income$281.45 MOperating expenses (calculated)Operating expenses(calculated)$1.03 BUpstreamUpstream$1.66 BIncome tax expenseIncome tax expense$84.93 MOther income (expense), net (calculated)Other income,net (calculated)−$27.66 MDepreciation, depletion and amortizationDepreciation, depletionand amortization$689.59 MTransportation and processingTransportationand processing$385.02 MSelling, general and administrativeSelling, general and administrative$106.44 MGatheringGathering$341.33 MProductionProduction$100.32 MTransmissionTransmission$141.17 MOperating and maintenanceOperating and maintenance$60.22 MIntersegment Eliminations and OtherIntersegmentEliminations and Other−$336.19 MImpairment and expiration of leasesImpairment andexpiration of leases$6.23 MLoss on sale/exchange of long-lived assetsLoss on sale/exchangeof long-lived assets$3.58 MOther operating expensesOther operating expenses$64.51 M
Chart details

EQT CORPORATION (EQT) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total operating revenues
1,809,940,000 US dollars
Transportation and processing
385,017,000 US dollars
Gross profit (calculated)
1,424,923,000 US dollars
Operating expenses (calculated)
1,030,885,000 US dollars
Operating income
394,038,000 US dollars
Other income (expense), net (calculated)
negative 27,657,000 US dollars
Income before income taxes
366,381,000 US dollars
Income tax expense
84,933,000 US dollars
Net income
281,448,000 US dollars
Upstream
1,663,633,000 US dollars
Gathering
341,328,000 US dollars
Transmission
141,165,000 US dollars
Depreciation, depletion and amortization
689,592,000 US dollars
Other operating expenses
64,510,000 US dollars
Loss on sale/exchange of long-lived assets
3,577,000 US dollars
Selling, general and administrative
106,438,000 US dollars
Impairment and expiration of leases
6,232,000 US dollars
Production
100,316,000 US dollars
Operating and maintenance
60,220,000 US dollars
Revenue before reconciliation (calculated)
2,146,126,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Intersegment Eliminations and Other
negative 336,186,000 US dollars. Reported reconciliation to consolidated revenue.
Upstream costs
1,554,250,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Gathering costs
124,588,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Transmission costs
48,162,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
negative 311,098,000 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: $211.43 M; to noncontrolling interests: $70.02 M.
EQT CORPORATION (EQT) FY2026 Q2 Revenue by Business Segment Sankey chart
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Gross margin

78.7%

Gross profit / revenue

Operating margin

21.8%

Operating profit / revenue

Cash conversion

372.4%

Operating cash / net income, same period

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