Expand Energy (EXE) Gross Margin (2009 - 2026)
Expand Energy (EXE) reported Gross Margin of 95.79% for Q1 2026, up 249.0% year-over-year from 27.45% in Q1 2025, and down 11.61% quarter-over-quarter from 108.37% 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.
- Gross Margin for Q1 2026 came in at 95.79%, up 249.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 98.39% (up 1154.0% YoY), and the FY2025 annual result was 98.41%, up 587.0% from the prior year.
- Gross Margin declined to 95.79% in Q1 2026 per EXE's latest filing, from 108.37% in the prior quarter.
- Over five years, Gross Margin peaked at 108.37% in Q4 2025 and troughed at 86.44% in Q1 2022.
- A 5-year average of 81.89% and a median of 95.29% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 18371 bps in 2022, then surged 18255 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 108.04% in 2022, then slipped by 9 bps to 98.41% in 2023, then slumped by 53 bps to 46.47% in 2024, then surged by 133 bps to 108.37% in 2025, then fell by 12 bps to 95.79% in 2026.
- Business Quant data shows EXE's Gross Margin at 95.79% in Q1 2026, 108.37% in Q4 2025, and 94.3% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 85.25% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 60.14% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 93.19% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 99.43% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 54.61% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 88.15% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 98.87% |
| 10 | Expand Energy | 21.27 Bn | 18.97 Bn | 4.21 Bn | 95.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.79% |
| Dec 31, 2025 | 108.37% |
| Sep 30, 2025 | 94.30% |
| Jun 30, 2025 | 95.91% |
| Mar 31, 2025 | 93.31% |
| Dec 31, 2024 | 46.47% |
| Sep 30, 2024 | 92.28% |
| Jun 30, 2024 | 90.30% |
| Mar 31, 2024 | 94.54% |
| Dec 31, 2023 | 98.41% |
| Sep 30, 2023 | 98.21% |
| Jun 30, 2023 | 95.29% |
| Mar 31, 2023 | 96.11% |
| Dec 31, 2022 | 108.04% |
| Sep 30, 2022 | 96.17% |
| Jun 30, 2022 | 75.05% |
| Mar 31, 2022 | -86.44% |
| Dec 31, 2021 | 112.41% |
| Sep 30, 2021 | 91.01% |
| Jun 30, 2021 | 89.32% |