EQT Q1 FY25: where the revenue came from and where it went
The whole income statement of EQT for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2025
- Reported
- Apr 23, 2025
Revenue$1.74B
+23% year over year
Gross profit$1.36B
78% margin
Operating profit$0.50B
29% margin
Net profit$0.24B
14% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.74 | 100% | +23% |
| Production pipeline | 0.49 | 28% | |
| Gas liquids & oil | 0.34 | 19% | |
| Gathering pipeline | 0.34 | 19% | |
| Services & other | 0.17 | 10% | |
| Sales of natural gas | 0.15 | 9% | |
| Transmission pipeline | 0.15 | 8% | |
| Other revenue | 0.12 | 7% | |
| Cost of revenue | −0.38 | 22% | |
| Gross profit | 1.36 | 78% margin | +17pp |
| SG&A | −0.09 | 5% | +0pp |
| Other | −0.77 | 45% | +0pp |
| Operating profit | 0.50 | 29% margin | +16pp |
| Interest & other costs | −0.18 | ||
| Tax | −0.08 | ||
| Net profit | 0.24 | 14% margin | +7pp |
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