Eqt (EQT) Gross Margin (2009 - 2026)
Eqt's (EQT) quarterly Gross Margin came in at 88.15% in Q1 2026, down 677.0% year-on-year from 15.28% in Q1 2025, and down 33.04% quarter-over-quarter from 131.65% in Q4 2025.
Eqt (EQT) Gross Margin (2009 - 2026) Analysis & Trends
Eqt has disclosed Gross Margin across 18 years of filings, most recently posting 88.15% for Q1 2026.
- Gross Margin for Q1 2026 came in at 88.15%, down 677.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 96.0% (down 1664.0% YoY), and the FY2025 annual result was 95.5%, up 265.0% from the prior year.
- Gross Margin came in at 88.15% for Q1 2026 at Eqt, down from 131.65% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 565.75% in Q4 2024 to a low of 38.33% in Q2 2023.
- The 5-year median for Gross Margin is 93.58% (2024), against an average of 118.47%.
- Across the five-year window, Gross Margin soared 46943 bps in 2024 and tumbled 43411 bps in 2025, its largest moves.
- Eqt's Gross Margin stood at 137.32% in 2022, then declined by 30 bps to 96.33% in 2023, then jumped by 487 bps to 565.75% in 2024, then slumped by 77 bps to 131.65% in 2025, then sank by 33 bps to 88.15% in 2026.
- The last three Gross Margin figures came in at 88.15% (Q1 2026), 131.65% (Q4 2025), and 80.74% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 80.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 88.15% |
| Dec 31, 2025 | 131.65% |
| Sep 30, 2025 | 80.74% |
| Jun 30, 2025 | 84.79% |
| Mar 31, 2025 | 94.92% |
| Dec 31, 2024 | 565.75% |
| Sep 30, 2024 | 65.66% |
| Jun 30, 2024 | 90.70% |
| Mar 31, 2024 | 93.58% |
| Dec 31, 2023 | 96.33% |
| Sep 30, 2023 | 94.70% |
| Jun 30, 2023 | 38.33% |
| Mar 31, 2023 | 97.38% |
| Dec 31, 2022 | 137.32% |
| Sep 30, 2022 | 96.05% |
| Jun 30, 2022 | 78.65% |
| Mar 31, 2022 | 79.24% |
| Dec 31, 2021 | 292.79% |
| Sep 30, 2021 | 96.05% |
| Jun 30, 2021 | 95.59% |