Expand Energy (EXE) Gross Margin (2009 - 2026)
Expand Energy (EXE) posted quarterly Gross Margin of 94.32% for Q2 2026, down 158.0% year-over-year from 162.63% in Q2 2025, and down 1.53% quarter-over-quarter from 95.79% in Q1 2026.
Expand Energy (EXE) Gross Margin (2009 - 2026) Analysis & Trends
Expand Energy (EXE) has reported Gross Margin for 18 consecutive years, with 94.32% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 158.0% year-over-year to 94.32%; the TTM figure through Jun 2026 stood at 94.92% (up 162.0% YoY), while the FY2025 annual figure was 94.76%, up 222.0% from the prior year.
- Gross Margin eased to 94.32% in Q2 2026 per EXE's latest filing, from 95.79% in the prior quarter.
- Across five years, Gross Margin topped out at 96.77% in Q4 2023 and bottomed at 75.05% in Q2 2022.
- Historically, Gross Margin has averaged 92.42% across 5 years, with a median of 94.43% in 2026.
- On a YoY basis, Gross Margin climbed as much as 2605 bps in 2022 and fell as far as 1427 bps in 2022.
- Expand Energy's Gross Margin stood at 90.53% in 2022, then grew by 7 bps to 96.77% in 2023, then retreated by 13 bps to 84.52% in 2024, then grew by 12 bps to 94.87% in 2025, then declined by 1 bps to 94.32% in 2026.
- Business Quant data shows EXE's Gross Margin at 94.32% in Q2 2026, 95.79% in Q1 2026, and 94.87% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 85.63% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 81.22% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 95.88% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 78.73% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 78.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 94.32% |
| Mar 31, 2026 | 95.79% |
| Dec 31, 2025 | 94.87% |
| Sep 30, 2025 | 94.30% |
| Jun 30, 2025 | 95.91% |
| Mar 31, 2025 | 93.31% |
| Dec 31, 2024 | 84.52% |
| Sep 30, 2024 | 92.28% |
| Jun 30, 2024 | 90.30% |
| Mar 31, 2024 | 94.54% |
| Dec 31, 2023 | 96.77% |
| Sep 30, 2023 | 95.17% |
| Jun 30, 2023 | 95.29% |
| Mar 31, 2023 | 96.11% |
| Dec 31, 2022 | 90.53% |
| Sep 30, 2022 | 96.17% |
| Jun 30, 2022 | 75.05% |
| Mar 31, 2022 | 88.24% |
| Dec 31, 2021 | 64.48% |
| Sep 30, 2021 | 91.01% |