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EQT Corporation EQT Gathering — Total operating revenues

Other segment segments

Upstream
$3.21B
Transmission
$161.45M+10.4%

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NFGNatural Gas Gathering Service — Total Revenues from Contracts with Customers
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TRG
TRGPGathering And Processing — Revenue
$1.78B-18.9%

Other financials

Income statement

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Revenue$3.4B+94.2%
Gross profit$3.0B+119%
Operating income$2.0B+310%
Net income$1.5B+514%
EPS (diluted)$2.36+490%

Balance sheet

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Cash & equivalents$326.6M+15.9%
Total debt$6.0B-28.6%
Total equity$25.1B+21.2%
Total assets$41.7B+5.0%

Cash flow

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Operating cash flow$3.1B+75.5%
CapEx$598.5M+19.8%
Free cash flow$2.5B+97.9%

Valuation

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Market cap$32.96B-8.7%
Enterprise value$38.63B-12.0%
P/E10×-21.5×
P/S3.2×-1.8×

Profitability

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Gross margin84.9%+16.1pp
Operating margin46.6%+28.7pp
Net margin31.9%+25.3pp
FCF margin39.4%

Returns & leverage

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Return on equity14.3%+12.3pp
Debt / equity0.2×-0.2×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by EQT Corporation in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: EQT Corporation’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EQT Corporation's gathering — total operating revenues?
EQT Corporation (EQT) reported gathering — total operating revenues of $334.98M in Q1 2026.
How has EQT Corporation's gathering — total operating revenues changed year-over-year?
EQT Corporation's gathering — total operating revenues decreased by 0.1% year-over-year, from $335.31M to $334.98M.
What is the long-term trend for EQT Corporation's gathering — total operating revenues?
Over 2 years (2022 to 2025), EQT Corporation's gathering — total operating revenues has grown at a 266.4% compound annual growth rate (CAGR), from $96.95M to $1.3B.
What does gathering — total operating revenues mean?
The total gross income generated by the gathering segment from providing midstream services, such as transporting natural gas from wellheads to processing facilities or transmission pipelines. This reflects the scale and demand for the company's infrastructure assets within its operational footprint.