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
DateValue
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%