Eqt (EQT) Gross Margin (2009 - 2026)
Eqt (EQT) reported Gross Margin of 78.73% for Q2 2026, down 6.06 percentage points from 84.79% a year earlier and down 9.42 percentage points from the prior quarter.
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Analysis
Eqt (EQT) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Eqt's Gross Margin came in at 83.74%, up 5.87 percentage points year-over-year; for FY2025, it was 82.28%, up 18.60 percentage points from FY2024.
- Gross Margin has a five-year change of +38.20 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 63.67% in FY2024 (-5.10 pp), 68.78% in FY2023 (-2.99 pp), 71.76% in FY2022 (+0.31 pp) and 71.46% in FY2021 (+27.38 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q1 2025.
- Year over year, Gross Margin gained in seven of the last eight quarters, with an average year-over-year change of +12.68 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2021 (a gain of 43.66 percentage points); the low point was Q2 2023 (a drop of 35.32 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 88.15% (Q1 2026), 83.77% (Q4 2025) and 80.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 670.95 Bn | 635.82 Bn | 47.44 Bn | 41.92% |
| 2 | Shell | 553.51 Bn | 414.86 Bn | - | - |
| 3 | Chevron | 415.12 Bn | 387.81 Bn | 31.26 Bn | 46.11% |
| 4 | TotalEnergies SE | 193.87 Bn | 69.22 Bn | 31.61 Bn | 47.31% |
| 5 | Eni Spa | 173.39 Bn | 116.57 Bn | - | - |
| 6 | Conocophillips | 160.35 Bn | 129.38 Bn | 12.63 Bn | 62.99% |
| 7 | Equinor Asa | 101.69 Bn | 14.62 Bn | 4.49 Bn | 13.53% |
| 8 | Canadian Natural Resources | 100.42 Bn | 94.32 Bn | 9.35 Bn | 83.69% |
| 9 | Phillips 66 | 97.80 Bn | 82.75 Bn | 10.69 Bn | 20.76% |
| 10 | Eqt | 32.53 Bn | 35.46 Bn | 1.40 Bn | 79.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 79.06% |
| 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 | 76.21% |
| 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% |
| 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% |
API Access
Eqt Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=EQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "EQT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=EQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();