EQ
EQT
Quarter ended Jun 30, 2025 · FY2025 Q2

EQT (EQT) Revenue — Quarter Ended Jun 30, 2025

Revenue increased in the current quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The growth was supported by higher sales of natural gas, natural gas liquids, and oil, as well as gains on derivatives and pipeline revenue.

Key takeaway

Quarter ended Jun 30, 2025 · FY2025 Q2

Revenue increased in the current quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The growth was supported by higher sales of natural gas, natural gas liquids, and oil, as well as gains on derivatives and pipeline revenue.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$2.6B

Revenue reported for this quarter.

Quarter-over-quarter

+47.0%

Change from the immediately preceding quarter.

Year-over-year

+168.5%

Change from the comparable year-ago quarter.

Trailing four quarters

$7.2B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Sep 30, 2024$1.3B+8.2%
Dec 31, 2024$1.6B-20.5%
Mar 31, 2025$1.7B+23.2%
Jun 30, 2025$2.6B+168.5%

Revenue performance

The reported revenue reflects an upward trajectory. The increase was broad-based across the company's operating revenue streams.

Quarterly comparison

Compared with the immediately preceding quarter, revenue rose. Compared with the same quarter one year prior, revenue also rose markedly.

What to watch

The filing context shows a notable shift in the composition of revenue, particularly higher contributions from derivative gains and pipeline revenue, which may warrant attention.