EQ
EQT
Year ended Dec 31, 2025 · FY2025 10-K

EQT (EQT) 10-K Summary — Year Ended Dec 31, 2025

EQT Corporation filed its annual report with the SEC. The filing covers the company's business, risk factors, and financial performance.

Key takeaway

Year ended Dec 31, 2025 · FY2025 10-K

EQT Corporation filed its annual report with the SEC. The filing covers the company's business, risk factors, and financial performance.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$8.6B

Revenue reported for the fiscal year.

Operating income

$3.2B

Income from operations reported for the year.

Net income

$2B

Net income reported for the year.

Operating cash flow

$5.1B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Dec 31, 2022$7.5B+10.2%
Dec 31, 2023$6.9B-7.9%
Dec 31, 2024$5.3B-23.7%
Dec 31, 2025$8.6B+63.9%

Business overview

The Business overview section (Item 1) describes the company's operations. The Risk Factors section (Item 1A) outlines potential challenges. The Management Discussion (Item 7) provides analysis of financial condition.

Financial performance

Reported revenue increased compared to the prior year. Operating income, net income, and operating cash flow also improved.

Material risks

The filing identifies risk factors in Item 1A, including those related to market conditions and operational activities. Specific details are not provided in the supplied data.

Liquidity and capital

The company's operating cash flow strengthened, supporting liquidity and capital allocation. The Management Discussion details capital allocation strategies.

What to watch

Monitor the company's revenue trend and any changes in operating expenses in the next filing.