The financials
EQT Corporation by the numbers
EQT Corporation (EQT) reported revenue of $1.81B in Q2 2026 (quarter ended June 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 2026-Q1 was Natural Gas Sales at $3.25B, 95% of the disclosed total, just ahead of NG Ls Sales at 4.6%.
| 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 |
|---|---|---|
| Natural Gas Sales | $3.25B | 95% |
| NG Ls Sales | $157M | 4.6% |
| Oil Sales | $28M | 0.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $3.44B (+105%)
Natural Gas Sales grew +59% year on yearNG Ls Sales -9.6% year on year
Segment Latestquarter on quarteryear on year
- Natural Gas Sales$3.25B$3.25BQoQ +115%year on year +59%+115%+59%
- NG Ls Sales$157.1M$157.1MQoQ +13%year on year -9.6%+13%-9.6%
- Oil Sales$28.5M$28.5MQoQ +18%year on year +36%+18%+36%