Expand Energy (EXE) Cost of Revenue (2017 - 2026)
Expand Energy's Cost of Revenue was $649 million in Q2 2026, down 18.0% from $791 million a year earlier and down 42.1% from the prior quarter.
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Analysis
Expand Energy (EXE) Cost of Revenue (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Expand Energy's Cost of Revenue was $3.22 billion through Jun 30, 2026, up 26.0% year-over-year; for FY2025, it came in at $3.16 billion, up 141.2% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $1.31 billion in FY2024 (-47.6%), $2.5 billion in FY2023 (-40.7%), $4.22 billion in FY2022 (+86.8%) and $2.26 billion in FY2021 (+19.5%).
- The Q2 2026 figure marks the lowest quarterly Cost of Revenue since Q3 2024.
- Compared with a year earlier, Cost of Revenue was higher in six of the last eight quarters, with growth averaging 108.4%.
- The best year-over-year quarter for Cost of Revenue over five years was Q2 2025 (growth of 461.0%); the worst was Q2 2024 (a decline of 76.9%).
- Per Business Quant data, EXE's Cost of Revenue in the three quarters before Q2 2026 was $1.12 billion (Q1 2026), $791 million (Q4 2025) and $659 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | - |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | 36.61 Bn |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 64.53 Bn |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 38,308.00 |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 6.71 Bn |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | - |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | 1.81 Bn |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | 43.66 Bn |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | - |
| 10 | Expand Energy | 21.58 Bn | 17.47 Bn | 2.31 Bn | 649.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 649.00 Mn |
| Mar 31, 2026 | 1.12 Bn |
| Dec 31, 2025 | 791.00 Mn |
| Sep 30, 2025 | 659.00 Mn |
| Jun 30, 2025 | 791.00 Mn |
| Mar 31, 2025 | 919.00 Mn |
| Dec 31, 2024 | 654.00 Mn |
| Sep 30, 2024 | 192.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 323.00 Mn |
| Dec 31, 2023 | 514.00 Mn |
| Sep 30, 2023 | 723.00 Mn |
| Jun 30, 2023 | 611.00 Mn |
| Mar 31, 2023 | 651.00 Mn |
| Dec 31, 2022 | 936.00 Mn |
| Sep 30, 2022 | 1.20 Bn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 851.00 Mn |
| Dec 31, 2021 | 817.00 Mn |
| Sep 30, 2021 | 625.00 Mn |
API Access
Expand Energy Cost of Revenue 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=cost-of-revenue&ticker=EXE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "EXE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=EXE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();