FINHUB Insights

EXE · Q1 FY24 · Jan 1 – Mar 31, 2024

Expand Energy Q1 FY24: where the revenue came from and where it went

Expand Energy Q1 FY24: revenue $1.1B (−68% year over year). Net profit $0.03B. Largest cohort Marcellus $0.32B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2024
Reported
Apr 30, 2024 10-Q
Sankey diagram of Expand Energy's income statement for Q1 FY24: revenue of $1.08 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.08B −68% year over year
Gross profit$0.48B 44% margin
Operating profit$0.03B 3% margin
Net profit$0.03B 2% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY24 (period ends Mar 31, 2024).
ItemValueShare of revenueYear over year
Revenue 1.08 100% −68%
Marcellus 0.32 29%
Marketing 0.31 29%
Haynesville 0.27 25%
Oil 0.08 8%
Eagle ford 0.04 4%
NGL 0.03 3%
Other 0.03 2%
Cost of revenue−0.6056%
Gross profit0.4844% margin−22pp
G&A−0.054%+3pp
Other−0.4037%+0pp
Operating profit0.033% margin−51pp
Tax−0.01
Net profit0.032%−39pp
Filing on EDGAR More quarters of EXE

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.