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

Revenue by Business Segment

2026-01-01 to 2026-06-30

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EQT CORPORATION (EQT) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 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 amortizationProductionSelling, general and administrativeOperating 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)$5.85 BTotal operating revenuesTotal operatingrevenues$5.19 BGross profit (calculated)Gross profit(calculated)$4.40 BOperating incomeOperating income$2.43 BIncome before income taxesPretax income$2.35 BNet incomeNet income$1.84 BUpstreamUpstream$4.87 BOperating expenses (calculated)Operating expenses(calculated)$1.97 BIncome tax expenseIncome tax expense$518.29 MDepreciation, depletion and amortizationDepreciation, depletionand amortization$1.34 BOther income (expense), net (calculated)Other income,net (calculated)−$76.34 MTransportation and processingTransportationand processing$785.36 MGatheringGathering$676.30 MProductionProduction$215.49 MTransmissionTransmission$302.62 MSelling, general and administrativeSelling, general and administrative$202.19 MIntersegment Eliminations and OtherIntersegmentEliminations and Other−$660.32 MOperating and maintenanceOperating and maintenance$115.09 MImpairment and expiration of leasesImpairment andexpiration of leases$10.06 MLoss on sale/exchange of long-lived assetsLoss on sale/exchangeof long-lived assets$3.55 MOther operating expensesOther operating expenses$82.56 M
Chart details

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

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

Total operating revenues
5,188,676,000 US dollars
Transportation and processing
785,356,000 US dollars
Gross profit (calculated)
4,403,320,000 US dollars
Operating expenses (calculated)
1,973,322,000 US dollars
Operating income
2,429,998,000 US dollars
Other income (expense), net (calculated)
negative 76,335,000 US dollars
Income before income taxes
2,353,663,000 US dollars
Income tax expense
518,285,000 US dollars
Net income
1,835,378,000 US dollars
Upstream
4,870,072,000 US dollars
Gathering
676,303,000 US dollars
Transmission
302,617,000 US dollars
Depreciation, depletion and amortization
1,344,384,000 US dollars
Other operating expenses
82,560,000 US dollars
Loss on sale/exchange of long-lived assets
3,552,000 US dollars
Selling, general and administrative
202,189,000 US dollars
Impairment and expiration of leases
10,055,000 US dollars
Production
215,494,000 US dollars
Operating and maintenance
115,088,000 US dollars
Revenue before reconciliation (calculated)
5,848,992,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Intersegment Eliminations and Other
negative 660,316,000 US dollars. Reported reconciliation to consolidated revenue.
Upstream costs
3,034,413,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Gathering costs
241,295,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Transmission costs
93,592,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
negative 610,622,000 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: $1.70 B; to noncontrolling interests: $136.72 M.
EQT CORPORATION (EQT) FY2026 YTD Q2 Revenue by Business Segment Sankey chart
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Gross margin

84.9%

Gross profit / revenue

Operating margin

46.8%

Operating profit / revenue

Cash conversion

223.6%

Operating cash / net income, same period

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