Expand Energy (EXE) Gross Margin (2009 - 2026)
Expand Energy's (EXE) quarterly Gross Margin came in at 78.58% in Q2 2026, down 616.0% year-over-year from 15.23% in Q2 2025, and down 6.79% quarter-over-quarter from 84.31% in Q1 2026.
Analysis
Expand Energy (EXE) Gross Margin (2009 - 2026) Analysis & Trends
Expand Energy (EXE) has reported Gross Margin for 18 consecutive years, with 78.58% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 616.0% year-over-year to 78.58% in Q2 2026; TTM through Jun 2026 was 81.07%, a 534.0% increase from a year earlier, with the FY2025 full-year figure at 80.4%, up 484.0% from the prior year.
- Gross Margin was 78.58% for Q2 2026 at Expand Energy, down from 84.31% in the prior quarter.
- Over five years, Gross Margin peaked at 92.22% in Q2 2022 and troughed at 45.54% in Q4 2024.
- A 5-year average of 80.79% and a median of 82.34% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 6311 bps in 2022 and slumped 4470 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 80.69% in 2022, then increased by 12 bps to 90.25% in 2023, then sank by 50 bps to 45.54% in 2024, then jumped by 76 bps to 80.38% in 2025, then declined by 2 bps to 78.58% in 2026.
- The last three Gross Margin figures came in at 78.58% (Q2 2026), 84.31% (Q1 2026), and 80.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 82.99% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 81.22% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 78.58% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 93.93% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 94.91% |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 100.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.58% |
| Mar 31, 2026 | 84.31% |
| Dec 31, 2025 | 80.38% |
| Sep 30, 2025 | 79.50% |
| Jun 30, 2025 | 84.74% |
| Mar 31, 2025 | 74.36% |
| Dec 31, 2024 | 45.54% |
| Sep 30, 2024 | 76.54% |
| Jun 30, 2024 | 69.50% |
| Mar 31, 2024 | 84.00% |
| Dec 31, 2023 | 90.25% |
| Sep 30, 2023 | 87.30% |
| Jun 30, 2023 | 89.05% |
| Mar 31, 2023 | 92.17% |
| Dec 31, 2022 | 80.69% |
| Sep 30, 2022 | 90.96% |
| Jun 30, 2022 | 92.22% |
| Mar 31, 2022 | 74.12% |
| Dec 31, 2021 | 17.59% |
| Sep 30, 2021 | 75.39% |