The financials
EQT Corporation by the numbers
EQT Corporation (EQT) reported revenue of $1.81B in Q2 2026 (quarter ended Jun 30, 2026), down 29% from the same quarter a year earlier. That came with a gross margin of 79% and net income of $211M (12% of revenue). For the full year FY2025, revenue was $8.64B (+64% year on year) and net income $2.04B. Its largest product in Q2 2026 was Sales Of Natural Gas NG Ls And Oil At Production at $1.61B, 90% of the disclosed total, well ahead of NG Ls Sales at 8.5%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.81B | $2.56B | −29% |
| Gross profit | $1.42B | $2.17B | −34% |
| Operating income | $394M | $1.13B | −65% |
| Net income | $211M | $784M | −73% |
| Diluted EPS | $0.34 | $1.30 | −74% |
| Product | Revenue | Share |
|---|---|---|
| Sales Of Natural Gas NG Ls And Oil At Production | $1.61B | 90% |
| NG Ls Sales | $153M | 8.5% |
| Oil Sales | $33M | 1.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.80B (-50%)
Oil Sales grew +103% year on yearSales Of Natural Gas NG Ls And Oil At Production -5.3% year on year
Segment Latestquarter on quarteryear on year
- Sales Of Natural Gas NG Ls And Oil At Production$1.61B$1.61BQoQ -53%year on year -5.3%-53%-5.3%
- NG Ls Sales$152.9M$152.9MQoQ -2.7%year on year +5.4%-2.7%+5.4%
- Oil Sales$32.8M$32.8MQoQ +15%year on year +103%+15%+103%
Oil & Gas E&P
The closest names by size in the same industry