Eqt (EQT) Operating Expenses (2009 - 2026)

Eqt's (EQT) quarterly Operating Expenses came in at $54.9 million in Q1 2026, down 95.59% year-on-year from $1.2 billion in Q1 2025, and up 101.44% quarter-over-quarter from -$3.8 billion in Q4 2025.

Eqt (EQT) Operating Expenses (2009 - 2026) Analysis & Trends

Eqt has disclosed Operating Expenses across 18 years of filings, most recently posting $54.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $54.9 million, down 95.59% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.3 billion (down 149.08% YoY), and the FY2025 annual result was $225.1 million, down 95.09% from the prior year.
  • Operating Expenses came in at $54.9 million for Q1 2026 at Eqt, up from -$3.8 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q3 2024 to a low of -$3.8 billion in Q4 2025.
  • The 5-year median for Operating Expenses is $1.1 billion (2023), against an average of $142.7 million.
  • Across the five-year window, Operating Expenses jumped 36869.11% in 2024 and slumped 550.33% in 2025, its largest moves.
  • Eqt's Operating Expenses stood at -$3.6 billion in 2022, then grew by 9.91% to -$3.3 billion in 2023, then jumped by 125.88% to $843.3 million in 2024, then plunged by 550.33% to -$3.8 billion in 2025, then jumped by 101.44% to $54.9 million in 2026.
  • The last three Operating Expenses figures came in at $54.9 million (Q1 2026), -$3.8 billion (Q4 2025), and $60.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - -
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 74.61 Bn 70.76 Bn - 4.32 Bn
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn -52.32 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn 103.33 Mn
10 Devon Energy 27.78 Bn 27.78 Bn 3.61 Bn 3.64 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 54.87 Mn
Dec 31, 2025 -3.80 Bn
Sep 30, 2025 60.30 Mn
Jun 30, 2025 1.42 Bn
Mar 31, 2025 1.24 Bn
Dec 31, 2024 843.28 Mn
Sep 30, 2024 1.57 Bn
Jun 30, 2024 949.54 Mn
Mar 31, 2024 1.23 Bn
Dec 31, 2023 -3.26 Bn
Sep 30, 2023 4.24 Mn
Jun 30, 2023 1.05 Bn
Mar 31, 2023 1.05 Bn
Dec 31, 2022 -3.62 Bn
Sep 30, 2022 1.14 Bn
Jun 30, 2022 1.17 Bn
Mar 31, 2022 1.31 Bn
Dec 31, 2021 1.38 Bn
Sep 30, 2021 1.14 Bn
Jun 30, 2021 957.53 Mn