Eqt (EQT) Gross Margin (2009 - 2026)
Eqt's (EQT) quarterly Gross Margin came in at 78.73% in Q2 2026, down 606.0% year-over-year from 15.56% in Q2 2025, and down 10.69% quarter-over-quarter from 88.15% in Q1 2026.
Analysis
Eqt (EQT) Gross Margin (2009 - 2026) Analysis & Trends
Eqt has disclosed Gross Margin across 18 years of filings, most recently posting 78.73% for Q2 2026.
- In Q2 2026, Gross Margin fell 606.0% year-over-year to 78.73%; the TTM figure through Jun 2026 stood at 83.74% (up 1110.0% YoY), while the FY2025 annual figure was 82.28%, up 1860.0% from the prior year.
- Gross Margin came in at 78.73% for Q2 2026 at Eqt, down from 88.15% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 125.39% in Q4 2022 to a low of 56.26% in Q4 2024.
- Average Gross Margin over 5 years is 68.73%, with a median of 78.99% recorded in 2022.
- Year-over-year, Gross Margin tumbled 12864 bps in 2024 and jumped 14003 bps in 2025.
- Over 5 years, Gross Margin stood at 125.39% in 2022, then sank by 42 bps to 72.38% in 2023, then plunged by 178 bps to 56.26% in 2024, then jumped by 249 bps to 83.77% in 2025, then fell by 6 bps to 78.73% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 78.73% in Q2 2026, 88.15% in Q1 2026, and 83.77% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 419.31 Bn | 410.78 Bn | 33.45 Bn | 47.75% |
| 2 | Shell | 281.29 Bn | 240.42 Bn | 30.13 Bn | 31.83% |
| 3 | TotalEnergies SE | 233.12 Bn | 201.40 Bn | 23.46 Bn | 37.98% |
| 4 | Eni Spa | 170.29 Bn | 154.72 Bn | - | - |
| 5 | Equinor Asa | 117.04 Bn | 107.71 Bn | - | - |
| 6 | Phillips 66 | 103.69 Bn | 99.59 Bn | 8.38 Bn | 16.10% |
| 7 | Suncor Energy | 83.99 Bn | 78.62 Bn | 17.50 Bn | 92.04% |
| 8 | Imperial Oil | 63.29 Bn | 61.24 Bn | - | - |
| 9 | Cenovus Energy | 60.35 Bn | 58.39 Bn | 7.32 Bn | 93.84% |
| 10 | Eqt | 34.44 Bn | 34.33 Bn | 1.42 Bn | 78.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.73% |
| Mar 31, 2026 | 88.15% |
| Dec 31, 2025 | 83.77% |
| Sep 30, 2025 | 80.74% |
| Jun 30, 2025 | 84.79% |
| Mar 31, 2025 | 78.26% |
| Dec 31, 2024 | -56.26% |
| Sep 30, 2024 | 65.66% |
| Jun 30, 2024 | 42.99% |
| Mar 31, 2024 | 61.40% |
| Dec 31, 2023 | 72.38% |
| Sep 30, 2023 | 53.23% |
| Jun 30, 2023 | 48.65% |
| Mar 31, 2023 | 80.65% |
| Dec 31, 2022 | 125.39% |
| Sep 30, 2022 | 85.35% |
| Jun 30, 2022 | 83.96% |
| Mar 31, 2022 | 79.24% |
| Dec 31, 2021 | 80.88% |
| Sep 30, 2021 | 72.26% |