EQT Corp

For the period ended Jun 30, 2026. Filed Jul 22, 2026.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Jul 22, 2026

EQT$52.00+4.2%Stored close · as of Nov 10, 2026

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Contents

Statements of Condensed Consolidated Operations

STATEMENTS OF CONDENSED CONSOLIDATED OPERATIONS (UNAUDITED)

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2026	2025	2026	2025
(Thousands, except per share amounts)
Operating revenues:
Sales of natural gas, natural gas liquids and oil	$1,610,014	$1,700,499	$5,049,949	$3,945,226
Gain (loss) on derivatives	44,640	719,964	(193,629)	41,045
Pipeline and other	155,286	137,256	332,356	311,298
Total operating revenues	1,809,940	2,557,719	5,188,676	4,297,569
Operating expenses:
Transportation and processing	385,017	389,116	785,356	767,325
Production	100,316	91,518	215,494	179,956
Operating and maintenance	60,220	53,983	115,088	101,280
Selling, general and administrative	106,438	81,586	202,189	173,050
Depreciation, depletion and amortization	689,592	623,471	1,344,384	1,244,246
Loss on sale/exchange of long-lived assets	3,577	2,990	3,552	3,221
Impairment and expiration of leases	6,232	3,254	10,055	5,915
Other operating expenses	64,510	177,763	82,560	192,288
Total operating expenses	1,415,902	1,423,681	2,758,678	2,667,281
Operating income	394,038	1,134,038	2,429,998	1,630,288
Income from investments	(44,732)	(67,174)	(122,241)	(93,636)
Other income	(3,404)	(2,616)	(3,522)	(3,239)
Loss on debt extinguishment	341	5,889	29,869	17,569
Interest expense, net	75,452	105,668	172,229	223,237
Income before income taxes	366,381	1,092,271	2,353,663	1,486,357
Income tax expense	84,933	235,615	518,285	314,283
Net income	281,448	856,656	1,835,378	1,172,074
Less: Net income attributable to noncontrolling interests	70,023	72,509	136,724	145,788
Net income attributable to EQT Corporation	$211,425	$784,147	$1,698,654	$1,026,286
Income per share of common stock attributable to EQT Corporation:
Basic:
Weighted average common stock outstanding	625,962	599,221	625,549	598,574
Net income attributable to EQT Corporation	$0.34	$1.31	$2.72	$1.71
Diluted (Note 10):
Weighted average common stock outstanding	629,049	602,924	629,070	602,896
Net income attributable to EQT Corporation	$0.34	$1.30	$2.70	$1.70

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