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EXPAND ENERGY Corp

For the period ended Dec 31, 2025. Filed Feb 18, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 18, 2026

EXE$87.94+2.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Financial Statements and Supplementary Data

Item 8.Financial Statements and Supplementary Data
INDEX TO FINANCIAL STATEMENTSEXPAND ENERGY CORPORATION AND SUBSIDIARIES
Page
Report of Independent Registered Public Accounting Firm (PCAOB ID 238)71
Consolidated Financial Statements:
Consolidated Balance Sheets74
Consolidated Statements of Operations75
Consolidated Statements of Cash Flows76
Consolidated Statements of Stockholders’ Equity77
Notes to the Consolidated Financial Statements:
Note 1. Basis of Presentation and Summary of Significant Accounting Policies78
Note 2. Natural Gas and Oil Property Transactions84
Note 3. Earnings Per Share87
Note 4. Debt88
Note 5. Contingencies and Commitments92
Note 6. Other Liabilities94
Note 7. Leases94
Note 8. Revenue96
Note 9. Income Taxes98
Note 10. Equity102
Note 11. Share-Based Compensation104
Note 12. Employee Benefit Plans106
Note 13. Derivative and Hedging Activities106
Note 14. Other Property and Equipment109
Note 15. Investments109
Note 16. Asset Retirement Obligations110
Note 17. Supplemental Cash Flow Information111
Note 18. Segment Information112
Supplementary Information:
Supplemental Disclosures About Natural Gas, Oil and NGL Producing Activities (unaudited)113
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.