EQT (EQT) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased significantly compared to the immediately preceding period. However, compared to the same quarter one year earlier, revenue declined.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased significantly compared to the immediately preceding period. However, compared to the same quarter one year earlier, revenue declined.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+26.6%
Change from the immediately preceding quarter.
Year-over-year
-20.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $1.4B | -22.8% |
| Jun 30, 2024 | $952.5M | +12.3% |
| Sep 30, 2024 | $1.3B | +8.2% |
| Dec 31, 2024 | $1.6B | -20.5% |
Revenue performance
The reported revenue rose from the prior quarter, showing a strong sequential improvement. This upward movement contrasts with the trailing twelve-month revenue trend.
Quarterly comparison
Compared to the immediately preceding quarter, revenue posted a robust increase. In contrast, when measured against the same quarter one year earlier, revenue was lower.
What to watch
Monitor whether the sequential revenue growth can be sustained in the coming quarters.