EQT (EQT) Revenue — Quarter Ended Mar 31, 2025
Revenue increased compared to the prior quarter and rose significantly from the same quarter a year earlier. The improvement was supported by higher sales of natural gas, natural gas liquids, and oil, partially offset by a loss on derivatives.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue increased compared to the prior quarter and rose significantly from the same quarter a year earlier. The improvement was supported by higher sales of natural gas, natural gas liquids, and oil, partially offset by a loss on derivatives.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+7.1%
Change from the immediately preceding quarter.
Year-over-year
+23.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.6B
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 |
|---|---|---|
| Jun 30, 2024 | $952.5M | +12.3% |
| Sep 30, 2024 | $1.3B | +8.2% |
| Dec 31, 2024 | $1.6B | -20.5% |
| Mar 31, 2025 | $1.7B | +23.2% |
Revenue performance
Total operating revenues grew from the immediately preceding quarter and from the same quarter one year prior, driven by core product sales.
Quarterly comparison
The reported revenue exceeded the level of the prior quarter, continuing an upward trend from the year-ago period. Both sequential and year-over-year comparisons show higher figures.
What to watch
The loss on derivatives widened materially compared to the year-ago period, which may affect future revenue if not reversed.