EQT Corporation (EQT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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EQT Revenue Growth
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 May 7, 2026, EQT Corporation (EQT) generated trailing twelve-month (TTM) revenue of $10.03 billion, reflecting explosive growth of +39.7% year-over-year. The most recent quarter (Q1 2026) recorded $3.38 billion in revenue, up 48.6% sequentially.
Looking at the longer-term picture, EQT's 5-year compound annual growth rate (CAGR) stands at +27.8%, 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 AR (+23.1% YoY), RRC (+22.6% YoY), and CNX (+46.8% YoY), EQT has underperformed the peer group in terms of revenue growth. Compare EQT vs AR →
EQT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EQTCurrent | $10.0B | +39.7% | +27.8% | 34.7% | |
 AR | $5.0B | +23.1% | +10.2% | 16.5% | |
 RRC | $3.0B | +22.6% | +10.9% | 27.9% | |
 CNX | $2.1B | +46.8% | +14.6% | 36.8% | |
 CTRA | $2.8B | +7.3% | +14.4% | 89.1% | |
 DVN | $17.1B | -26.0% | +31.5% | 22.0% |
EQT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $9.07B | +73.7% | $4.43B | 48.9% | $3.15B | 34.7% |
| 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% |
Full EQT Stock Analysis
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Start ComparisonEQT — Frequently Asked Questions
Quick answers to the most common questions about buying EQT stock.
Is EQT's revenue growth accelerating or slowing?
EQT revenue is accelerating at +39.7% year-over-year, exceeding the 5-year CAGR of +27.8%. TTM revenue reached $10.0B. Growth momentum has increased versus prior periods.
What is EQT's long-term revenue growth rate?
EQT Corporation's 5-year revenue CAGR of +27.8% reflects the sustained expansion pattern. Current YoY growth of +39.7% is above 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.