Eqt (EQT) Operating Expenses (2009 - 2026)
Eqt (EQT) reported Operating Expenses of $1.42 billion for Q2 2026, down 0.5% from $1.42 billion a year earlier but up 5.4% from the prior quarter.
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Analysis
Eqt (EQT) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Eqt's Operating Expenses came in at $5.49 billion, up 8.1% year-over-year; for FY2025, it came in at $5.39 billion, up 17.6% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- By year, Operating Expenses came in at $4.59 billion in FY2024 (-0.1%), $4.59 billion in FY2023 (-3.9%), $4.78 billion in FY2022 (+8.0%) and $4.43 billion in FY2021 (+12.4%).
- Five-year quarterly Operating Expenses spans a low of $843.28 million in Q4 2024 and a high of $1.57 billion in Q3 2024.
- Year over year, Operating Expenses gained in five of the last eight quarters, with growth averaging 13.2%.
- The high point for year-over-year Operating Expenses in five years was Q4 2025 (growth of 62.7%); the low point was Q4 2024 (a decline of 36.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.34 billion (Q1 2026), $1.37 billion (Q4 2025) and $1.36 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 3.19 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 53.37 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 46.44 Bn |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 114.95 Mn |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 17.00 Mn |
| 10 | Eqt | 30.59 Bn | 33.41 Bn | 1.42 Bn | 1.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.36 Bn |
| 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 | 1.32 Bn |
| Sep 30, 2023 | 1.17 Bn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 1.16 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 |
API Access
Eqt Operating Expenses 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=operating-expenses&ticker=EQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=EQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();