FINHUB Insights

EQT · Q1 FY25 · Jan 1 – Mar 31, 2025

EQT Q1 FY25: where the revenue came from and where it went

EQT Q1 FY25: revenue $1.7B (+23% year over year). Net profit $0.24B. Largest cohort Production pipeline $0.49B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
Apr 23, 2025 10-Q
Sankey diagram of EQT's income statement for Q1 FY25: revenue of $1.74 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

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

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear 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 8%
Transmission pipeline 0.15 8%
Other 0.12 7%
Cost of revenue−0.3822%
Gross profit1.3678% margin+17pp
SG&A−0.095%+0pp
Other−0.7744%+0pp
Operating profit0.5029% margin+16pp
Tax−0.08
Interest & other costs−0.18
Net profit0.2414%+7pp
Filing on EDGAR More quarters of EQT

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.