Total Operating Expenses
EQT Corporation Total Operating Expenses decreased by 2.1% to $1.34B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $1.24B to $1.34B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 5.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
Detailed definition
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Peer comparison
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $957.53M | $1.14B | $1.38B | $1.31B | $1.17B | $1.14B | $1.16B | $1.05B | $1.05B | $1.17B | $1.32B | $1.23B | $949.54M | $1.57B | $843.28M | $1.24B | $1.42B | $1.36B | $1.37B | $1.34B |
| QoQ Change | — | +19.5% | +20.8% | -5.3% | -11.0% | -1.8% | +1.3% | -9.5% | +0.3% | +11.1% | +12.8% | -6.9% | -22.8% | +64.9% | -46.1% | +47.5% | +14.5% | -4.8% | +1.2% | -2.1% |
| YoY Change | — | — | — | — | +21.7% | +0.0% | -16.1% | -19.8% | -9.6% | +2.2% | +13.8% | +17.1% | -9.9% | +33.8% | -36.1% | +1.1% | +49.9% | -13.4% | +62.7% | +8.0% |
Business Segments — Gathering
| Segment | Q3 '23 | Q3 '24 |
|---|---|---|
| Gathering | $8.29M | $79.85M |
| Transmission | — | $32.82M |
| Total | $1.17B | $1.57B |
Business Segments — Gathering
| Segment | Q4 '22 | Q3 '23 | Q1 '24 | Q2 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Production | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $1.16B | $1.17B | $1.23B | $949.54M | $843.28M | $1.24B | $1.42B | $1.36B |
Gathering, Production, Transmission, Upstream were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is EQT Corporation's total operating expenses?
- EQT Corporation (EQT) reported total operating expenses of $1.34B in Q1 2026.
- How has EQT Corporation's total operating expenses changed year-over-year?
- EQT Corporation's total operating expenses increased by 8.0% year-over-year, from $1.24B to $1.34B.
- What is the long-term trend for EQT Corporation's total operating expenses?
- Over 4 years (2021 to 2025), EQT Corporation's total operating expenses has grown at a 5.1% compound annual growth rate (CAGR), from $4.43B to $5.39B.
- What does total operating expenses mean?
- The total cost of running the day-to-day business, excluding the direct cost of making products.