FINHUB Insights

EXE · Q2 FY25 · Apr 1 – Jun 30, 2025

Expand Energy Q2 FY25: where the revenue came from and where it went

Expand Energy Q2 FY25: revenue $3.7B (+631% year over year). Net profit $1B. Largest cohort Oil and Gas $2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 29, 2025 10-Q
Sankey diagram of Expand Energy's income statement for Q2 FY25: revenue of $3.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$3.7B +631% year over year
Gross profit$2.1B 56% margin
Operating profit$1.3B 34% margin
Net profit$1B 26% 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 3.7 100% +631%
Oil and Gas 2 54% +435%
Natural Gas Gathering… 0.8 22% +479%
Natural Gas Marketing Sales 0.7 19% +429%
Oil Sales 0.1 3%
Cost of revenue−1.643%
Gross profit2.156% margin+36pp
G&A−01%−8pp
Other−0.821%+0pp
Operating profit1.334% margin+93pp
Tax−0.3
Net profit126%+71pp
Filing on EDGAR More quarters of EXE

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

Older quarters