FINHUB Insights

EQT · Q3 FY25 · Jul 1 – Sep 30, 2025

EQT Q3 FY25: where the revenue came from and where it went

EQT Q3 FY25: revenue $2B (+53% year over year). Net profit $0.3B. Largest cohort Sales of natural gas, NGLs and oil $1.7B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Oct 22, 2025 10-Q
Sankey diagram of EQT's income statement for Q3 FY25: revenue of $2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2B +53% year over year
Gross profit$1.6B 81% margin
Operating profit$0.6B 31% margin
Net profit$0.3B 17% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 2 100% +53%
Sales of natural gas, NGLs and oil 1.7 85%
Gathering 0.3 15%
NGLs 0.1 5%
Transmission 0.1 5%
Cost of revenue−0.420%
Gross profit1.681% margin+15pp
SG&A−0.15%−2pp
Other−0.945%+0pp
Operating profit0.631% margin+53pp
Tax−0.2
Interest & other costs−0.1
Net profit0.317%+41pp
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