FINHUB Insights

EQT · Q2 FY25 · Apr 1 – Jun 30, 2025

EQT Q2 FY25: where the revenue came from and where it went

EQT Q2 FY25: revenue $2.6B (+169% year over year). Net profit $0.8B. Largest cohort Sales of natural gas, NGLs and oil $1.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 23, 2025 10-Q
Sankey diagram of EQT's income statement for Q2 FY25: revenue of $2.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.6B +169% year over year
Gross profit$2.2B 85% margin
Operating profit$1.1B 44% margin
Net profit$0.8B 31% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 2.6 100% +169%
Sales of natural gas, NGLs and oil 1.7 65%
Gain on derivatives 0.7 27%
NGLs sales 0.1 4%
Cost of revenue−0.415%
Gross profit2.285% margin+42pp
SG&A−0.13%−4pp
Other−0.937%+0pp
Operating profit1.144% margin+44pp
Tax−0.2
Interest & other costs−0.1
Net profit0.831%+30pp
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.

Older quarters