Expand Energy Q3 FY25: where the revenue came from and where it went
The whole income statement of Expand Energy for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 28, 2025
Revenue$2.97B
+358% year over year
Gross profit$1.51B
51% margin
Operating profit$0.73B
24% margin
Net profit$0.55B
18% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.97 | 100% | +358% |
| Cost of revenue | −1.46 | 49% | |
| Gross profit | 1.51 | 51% margin | +17pp |
| G&A | −0.05 | 2% | −5pp |
| Other | −0.74 | 25% | +0pp |
| Operating profit | 0.73 | 24% margin | +48pp |
| Interest & other costs | −0.04 | ||
| Tax | −0.14 | ||
| Net profit | 0.55 | 18% margin | +36pp |
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