Eqt (EQT) Gross Margin (2009 - 2026)

Eqt (EQT) posted Gross Margin of 78.73% for Q2 2026, down 10.69% sequentially from 88.15% in Q1 2026, and down 1769.0% YoY from 4.72% in Q2 2025.

Eqt (EQT) Gross Margin (2009 - 2026) Analysis & Trends

Eqt has reported Gross Margin for 18 years, with the latest figure at 78.73% in Q2 2026.

Quarterly Gross Margin fell 1769.0% year-over-year to 78.73% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 83.74% (down 2537.0% YoY) and the FY2025 annual result came in at 82.28%, down 1057.0% from the prior year.
Gross Margin slipped to 78.73% in Q2 2026 per EQT's latest filing, from 88.15% in the prior quarter.
Over five years, Gross Margin peaked at 565.75% in Q4 2024 and troughed at 2.43% in Q4 2023.
A 5-year average of 106.83% and a median of 86.55% in 2022 frame the typical range for Gross Margin.
The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 56332 bps in 2024, then plunged 48198 bps in 2025.
Over 5 years, Gross Margin stood at 85.05% in 2022, then tumbled by 97 bps to 2.43% in 2023, then jumped by 23155 bps to 565.75% in 2024, then tumbled by 85 bps to 83.77% in 2025, then decreased by 6 bps to 78.73% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 78.73%, 88.15%, and 83.77% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Conocophillips	163.55 Bn	155.86 Bn	12.81 Bn	65.62%
2	Canadian Natural Resources	106.27 Bn	104.37 Bn	10.66 Bn	85.63%
3	Eog Resources	80.09 Bn	75.19 Bn	-	-
4	Diamondback Energy	59.30 Bn	58.83 Bn	5.55 Bn	99.84%
5	Devon Energy	46.23 Bn	45.22 Bn	6.02 Bn	81.22%
6	Woodside Energy	45.77 Bn	39.83 Bn	6.02 Bn	91.41%
7	Occidental Petroleum	39.39 Bn	35.24 Bn	7.73 Bn	95.88%
8	Eqt	33.71 Bn	33.60 Bn	1.42 Bn	78.73%
9	Texas Pacific Land	25.43 Bn	25.18 Bn	-	-
10	Expand Energy	22.90 Bn	21.63 Bn	2.33 Bn	78.58%

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