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| Date | Value |
|---|---|
| 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 |