Expand Energy (EXE) Gross Margin (2009 - 2026)
Expand Energy's (EXE) quarterly Gross Margin came in at 95.79% in Q1 2026, up 249.0% year-on-year from 27.45% in Q1 2025, and up 0.98% on a QoQ basis from 94.87% in Q4 2025.
Expand Energy (EXE) Gross Margin (2009 - 2026) Analysis & Trends
Expand Energy (EXE) has 18 years of Gross Margin data on file, last reported at 95.79% in Q1 2026.
- On a quarterly basis, Gross Margin rose 249.0% year-over-year to 95.79% in Q1 2026; TTM through Mar 2026 was 95.3%, a 585.0% increase from a year earlier, with the FY2025 full-year figure at 94.76%, up 222.0% from the prior year.
- Gross Margin for Q1 2026 stood at 95.79%, up from 94.87% in the prior quarter.
- Over the last five years, Gross Margin for EXE reached as high as 96.77% in Q4 2023 and fell as low as 67.22% in Q4 2024.
- Historically, Gross Margin has averaged 91.29% across 5 years, with a median of 94.54% in 2024.
- Across the five-year window, Gross Margin slumped 2955 bps in 2024 and jumped 2765 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 90.53% in 2022, then rose by 7 bps to 96.77% in 2023, then tumbled by 31 bps to 67.22% in 2024, then jumped by 41 bps to 94.87% in 2025, then rose by 1 bps to 95.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 95.79% in Q1 2026, 94.87% in Q4 2025, and 94.3% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 93.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 67.22% |
| 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% |
| Jun 30, 2021 | 89.32% |