What is EQT Corporation's gross profit?

EQT Corporation (EQT) reported gross profit of $2.98B in Q1 2026.

How has EQT Corporation's gross profit changed year-over-year?

EQT Corporation's gross profit increased by 118.7% year-over-year, from $1.36B to $2.98B.

What is the long-term trend for EQT Corporation's gross profit?

Over 4 years (2021 to 2025), EQT Corporation's gross profit has grown at a 58.7% compound annual growth rate (CAGR), from $1.12B to $7.11B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

EQT Corporation EQT Gross Profit

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Other financials

Income statement

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Revenue$3.4B+94.2%

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

Calculated from EQT Corporation’s reported figures.

$3.4Btotal revenue−$400.3Mtotal cost of revenue=$2.98B

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 gross profit?: EQT Corporation (EQT) reported gross profit of $2.98B in Q1 2026.
How has EQT Corporation's gross profit changed year-over-year?: EQT Corporation's gross profit increased by 118.7% year-over-year, from $1.36B to $2.98B.
What is the long-term trend for EQT Corporation's gross profit?: Over 4 years (2021 to 2025), EQT Corporation's gross profit has grown at a 58.7% compound annual growth rate (CAGR), from $1.12B to $7.11B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.