Expand Energy Corporation (EXE) 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)
EXE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
EXE Revenue Analysis (2014–2025)
As of February 28, 2026, Expand Energy Corporation (EXE) generated trailing twelve-month (TTM) revenue of $12.12 billion, reflecting explosive growth of +63.7% year-over-year. The most recent quarter (Q4 2025) recorded $3.27 billion in revenue, up 10.3% sequentially.
Looking at the longer-term picture, EXE's 5-year compound annual growth rate (CAGR) stands at +18.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $23.13 billion in 2014.
Revenue diversification analysis shows EXE's business is primarily driven by Oil and Gas (42%), Natural Gas Sales (37%), and Natural Gas, Gathering, Transportation, Marketing and Processing (16%).
When compared to Energy sector peers including INR (+17.9% YoY), EQT (+65.5% YoY), and AR (+20.7% YoY), EXE has underperformed the peer group in terms of revenue growth. Compare EXE vs INR →
Peer Comparison
Compare EXE's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EXECurrent | $12.1B | +63.7% | +18.4% | 16.8% | |
| INR | $259M | +17.9% | - | 36.2% | |
| EQT | $8.6B | +65.5% | +26.6% | 40.8% | |
| 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 | $12.12B | +187.2% | $9.75B | 80.4% | $2.04B | 16.8% |
| 2024 | $4.22B | -45.7% | $1.14B | 27.0% | $-803,000,000 | -19.0% |
| 2023 | $7.78B | -32.1% | $5.04B | 64.8% | $3.14B | 40.4% |
| 2022 | $11.44B | +56.7% | $8.16B | 71.3% | $3.78B | 33.0% |
| 2021 | $7.30B | +40.1% | $2.42B | 33.1% | $2.33B | 31.8% |
| 2020 | $5.21B | -38.6% | $620.0M | 11.9% | $-8,703,000,000 | -167.0% |
| 2019 | $8.49B | -17.0% | $396.0M | 4.7% | $-31,000,000 | -0.4% |
| 2018 | $10.23B | +7.7% | $1.27B | 12.5% | $382.0M | 3.7% |
| 2017 | $9.50B | +20.6% | $1.08B | 11.4% | $-138,000,000 | -1.5% |
| 2016 | $7.87B | -38.3% | $-652,000,000 | -8.3% | $-4,411,000,000 | -56.0% |
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Start ComparisonFrequently Asked Questions
Is EXE's revenue growth accelerating or slowing?
EXE revenue is accelerating at +63.7% year-over-year, exceeding the 5-year CAGR of +18.4%. TTM revenue reached $12.1B. Growth momentum has increased versus prior periods.
What is EXE's long-term revenue growth rate?
Expand Energy Corporation's 5-year revenue CAGR of +18.4% reflects the sustained expansion pattern. Current YoY growth of +63.7% is above this long-term average.
How is EXE's revenue distributed by segment?
EXE 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.