EQT Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.64B | $5.27B | $6.91B | $7.50B | $3.06B | $3.06B | $4.42B | $4.56B |
| Cost of Revenue | $1.53B | $1.92B | $2.16B | $2.12B | $1.94B | $1.71B | $1.75B | $1.70B |
| Gross Profit | $7.11B | $3.36B | $4.75B | $5.38B | $1.12B | $1.35B | $2.66B | $2.86B |
| Gross Margin | 82.3% | 63.7% | 68.8% | 71.8% | 36.6% | 44.1% | 60.3% | 62.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $380.1M | $336.7M | $236.2M | $252.6M | $196.3M | $174.8M | $170.6M | $232.5M |
| Operating Income | $3.25B | $685.3M | $2.31B | $2.72B | $-1.36B | $-877.7M | $-1.15B | $-2.78B |
| Operating Margin | 37.6% | 13.0% | 33.5% | 36.3% | -44.4% | -28.7% | -26.1% | -61.1% |
| Interest Expense | — | — | $219.7M | $249.7M | $289.8M | $259.3M | $199.9M | $229.0M |
| Pretax Income | $2.98B | $264.2M | $2.10B | $2.33B | $-1.57B | $-1.25B | $-1.60B | $-3.08B |
| Income Tax Expense | $651.9M | $22.1M | $369.0M | $553.7M | $-428.0M | $-295.3M | $-375.8M | $-696.5M |
| Net Income | $2.04B | $230.6M | $1.74B | $1.77B | $-1.14B | $-958.8M | $-1.22B | $-2.24B |
| Net Margin | 23.6% | 4.4% | 25.1% | 23.6% | -37.3% | -31.3% | -27.7% | -49.2% |
| EPS (Basic) | $3.33 | $0.45 | $4.56 | $4.79 | $-3.54 | $-3.68 | $-4.79 | $-8.60 |
| EPS (Diluted) | $3.31 | $0.45 | $4.22 | $4.38 | $-3.54 | $-3.68 | $-4.79 | $-8.60 |
| Shares Outstanding (Basic) | 611.6M | 509.6M | 380.9M | 370.0M | 323.2M | 260.6M | 255.1M | 260.9M |
| Shares Outstanding (Diluted) | 615.7M | 514.6M | 413.2M | 406.5M | 323.2M | 260.6M | 255.1M | 260.9M |
| Dividends Per Share | $0.64 | $0.63 | $0.61 | $0.55 | — | $0.03 | $0.12 | $0.12 |