EQT Corporation Gathering — Revenue, remaining performance obligation decreased by 2.1% to $4.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.2%, from $4.53B to $4.11B. This decline may warrant attention — for this metric, higher values are generally preferred.
A higher backlog provides greater revenue visibility and indicates strong long-term contract coverage.
The total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied at the en...
Commonly disclosed under ASC 606 revenue recognition requirements for long-term service contracts.
eqt_segment_gathering_revenue_remaining_performance_obligation| Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $4.74B | $4.63B | $4.53B | $4.44B | $4.32B | $4.20B | $4.11B |
| QoQ Change | — | -2.3% | -2.1% | -1.9% | -2.8% | -2.8% | -2.1% |
| YoY Change | — | — | — | — | -8.9% | -9.3% | -9.2% |