EQT (EQT) Revenue — Quarter Ended Mar 31, 2026
Revenue increased in the quarter. Total operating revenues were higher than both the preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue increased in the quarter. Total operating revenues were higher than both the preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
+41.5%
Change from the immediately preceding quarter.
Year-over-year
+94.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.3B
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 |
|---|---|---|
| Jun 30, 2025 | $2.6B | +168.5% |
| Sep 30, 2025 | $2B | +52.6% |
| Dec 31, 2025 | $2.4B | +47.0% |
| Mar 31, 2026 | $3.4B | +94.2% |
Revenue performance
The company's operating revenues reflected higher sales of natural gas, natural gas liquids and oil, while the loss on derivatives was narrower compared to the prior year period.
Quarterly comparison
Revenue rose compared to the immediately preceding quarter. Revenue also increased relative to the same quarter one year ago.
What to watch
The trajectory of revenue growth and the impact of derivative positions on future results remain areas to monitor.