For the year ending 2025-12-31, EQT made $8,644,211K in revenue. $2,039,247K in net income. Net profit margin of 23.59%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total operating revenues | 8,644,211 | 5,273,309 | 6,908,923 | 7,497,689 |
| Transportation and processing | 1,532,090 | 1,915,616 | 2,157,260 | 2,116,976 |
| Production | 388,696 | 377,007 | 254,700 | 300,985 |
| Operating and maintenance | 225,131 | 110,393 | - | - |
| Exploration | 3,601 | 2,735 | 3,330 | 3,438 |
| Selling, general and administrative | 380,066 | 336,724 | 236,171 | 252,645 |
| Depreciation, depletion and amortization | 2,600,390 | 2,162,350 | 1,732,142 | 1,665,962 |
| Amortization of intangible assets | - | - | - | 0 |
| (gain) loss on sale/exchange of long-lived assets | 31,214 | 764,044 | -17,445 | 8,446 |
| Impairment of contract asset | - | 0 | 0 | 214,195 |
| Impairment and expiration of leases | -51,152 | -97,368 | -109,421 | -176,606 |
| Other operating expenses | -244,680 | -349,864 | -84,043 | -57,331 |
| Total operating expenses | 5,394,592 | 4,588,013 | 4,594,512 | 4,779,692 |
| Operating income | 3,249,619 | 685,296 | 2,314,411 | 2,717,997 |
| Gain on equitrans share exchange (note 5) | - | - | - | 0 |
| Income from investments | 184,444 | 76,039 | 7,596 | -4,931 |
| Other income | 4,826 | 25,983 | 1,231 | 11,280 |
| Loss on debt extinguishment | -22,652 | -68,299 | -80 | -140,029 |
| Interest expense, net | 438,695 | 454,825 | 219,660 | 249,655 |
| Income before income taxes | 2,977,542 | 264,194 | 2,103,498 | 2,334,662 |
| Income tax expense | 651,884 | 22,079 | 368,954 | 553,720 |
| Net income | 2,325,658 | 242,115 | 1,734,544 | 1,780,942 |
| Less net income (loss) attributable to noncontrolling interests | 286,411 | 11,538 | -688 | 9,977 |
| Net income attributable to eqt corporation | 2,039,247 | 230,577 | 1,735,232 | 1,770,965 |
| Net income attributable to eqt corporation - basic (in dollars per share) | 3.33 | 0.45 | 4.56 | 4.79 |
| Net income attributable to eqt corporation - diluted (in dollars per share) | 3.31 | 0.45 | 4.22 | 4.38 |
| Weighted average common stock outstanding - basic (in shares) | 611,571,000 | 509,597,000 | 380,902,000 | 370,048,000 |
| Weighted average common stock outstanding - diluted (in shares) | 615,717,000 | 514,593,000 | 413,224,000 | 406,495,000 |
EQT Corp (EQT)
EQT Corp (EQT)