EQT Corporation (EQT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
EQT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
EQT Revenue Analysis (2014–2025)
As of March 2, 2026, EQT Corporation (EQT) generated trailing twelve-month (TTM) revenue of $8.64 billion, reflecting modest growth of +2.0% year-over-year. The most recent quarter (Q4 2025) recorded $1.84 billion in revenue, up 1.2% sequentially.
Looking at the longer-term picture, EQT's 5-year compound annual growth rate (CAGR) stands at +26.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $12.14 billion in 2022.
Revenue diversification analysis shows EQT's business is primarily driven by Oil Sales (100%). With over half of revenue concentrated in Oil Sales, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including INR (+17.9% YoY), EXE (+187.1% YoY), and AR (+20.7% YoY), EQT has underperformed the peer group in terms of revenue growth. Compare EQT vs INR →
Peer Comparison
Compare EQT's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EQTCurrent | $8.6B | +2.0% | +26.6% | 40.8% | |
| INR | $259M | +17.9% | - | 36.2% | |
| EXE | $12.1B | +187.1% | +18.4% | 16.8% | |
| AR | $5.3B | +20.7% | +11.3% | 16.7% | |
| RRC | $3.1B | +193.4% | +11.8% | - | |
| CNX | $2.1B | +67.8% | +14.6% | 37.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.64B | +65.5% | $8.42B | 97.4% | $3.53B | 40.8% |
| 2024 | $5.22B | +3.0% | $767.2M | 14.7% | $685.3M | 13.1% |
| 2023 | $5.07B | -58.2% | $941.6M | 18.6% | $2.31B | 45.6% |
| 2022 | $12.14B | +77.5% | $8.06B | 66.4% | $2.72B | 22.4% |
| 2021 | $6.84B | +157.3% | $3.00B | 43.8% | $-1,360,975,000 | -19.9% |
| 2020 | $2.66B | -30.0% | $1.08B | 40.8% | $-877,666,000 | -33.0% |
| 2019 | $3.80B | -19.8% | $2.07B | 54.5% | $-1,152,110,000 | -30.3% |
| 2018 | $4.74B | +58.5% | $2.93B | 61.9% | $-2,783,124,000 | -58.8% |
| 2017 | $2.99B | +60.9% | $1.54B | 51.6% | $382.2M | 12.8% |
| 2016 | $1.86B | -4.9% | $605.4M | 32.6% | $-755,028,000 | -40.7% |
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Start ComparisonFrequently Asked Questions
Is EQT's revenue growth accelerating or slowing?
EQT revenue growth slowed to +2.0%, below the 5-year CAGR of +26.6%. TTM revenue is $8.6B. The deceleration marks a shift from historical growth rates.
What is EQT's long-term revenue growth rate?
EQT Corporation's 5-year revenue CAGR of +26.6% reflects the variable expansion pattern. Current YoY growth of +2.0% is near this long-term average.
How is EQT's revenue distributed by segment?
EQT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.