EQT Corp (EQT)
EQT Corp brought in $9.5B of revenue over the twelve months to June 30, 2026, up 32.3% from a year earlier. Net income was $2.7B, a net margin of 28.4%. Operating cash flow minus capital spending left $2.8B of free cash flow in fiscal 2025. At June 30, 2026 it held $112.9M in cash against $5.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 22, 2026.
Key facts about EQT Corp
- Net worth
- EQT Corp has a market value (market cap) of $33.3B at the latest share price, and shareholders' equity of $25.3B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $8.6B (+63.9% year on year), with net income of $2B. Over the 12 months to June 30, 2026: revenue $9.5B, net income $2.7B.
- Cash flow
- In fiscal 2025 operations brought in $5.1B of cash; after $2.3B of capital spending, free cash flow was $2.8B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 22, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- EQT Corp's next report is expected around October 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- EQT Corp declared dividends of $0.64 per share in fiscal 2025, a yield of 1.20% at the current price.
What EQT Corp does
EQT Corporation produces and transports natural gas. It explores and extracts natural gas and natural gas liquids from the Appalachian Basin in the United States. Its customers include public utilities, commercial power generators, industrial manufacturers, and wholesale commodity marketers. The company is known as the largest producer of natural gas in the United States. Its shares trade on NYSE under the ticker EQT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $8.6B | $2B | $3.31 | $2.8B |
| 2024 | $5.3B | $230.6M | $0.45 | $573.3M |
| 2023 | $6.9B | $1.7B | $4.22 | $1.2B |
| 2022 | $12.1B | $1.8B | $4.38 | $2.1B |
| 2021 | $6.8B | -$1.1B | -$3.54 | $607.3M |
| 2020 | $3.1B | -$958.8M | -$3.68 | $495.5M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where EQT ranks in Energy
Dividends
EQT Corp declared $0.64 per share in fiscal 2025. At the current price that is a yield of 1.20%. It paid out $389.6M in cash dividends, 19% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.64 | $389.6M | 19% |
| 2024 | $0.63 | $326.6M | 142% |
| 2023 | $0.61 | $228.3M | 13% |
| 2022 | $0.55 | $203.6M | 11% |
| 2021 | n/a | $0 | n/a |
| 2020 | $0.03 | $7.7M | n/a |
Latest SEC filings
What EQT Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 7, 2026Material agreement8-KEQT Corporation established a short-term commercial paper program of up to $3.5 billion.
- July 22, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 29% to $1.8B versus the same quarter last year; diluted EPS $0.34 versus $1.30.
- July 21, 2026
- July 14, 2026
- May 28, 2026
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
- April 22, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 94% to $3.4B versus the same quarter last year; diluted EPS $2.36 versus $0.40.
- April 21, 2026
- April 15, 2026
What is EQT worth? A DCF from its reported cash flow
Insider trades
What the people running EQT Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $9.6M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 14, 2026 | Rice Toby Z.PRESIDENT & CEO, Director | Soldpre-planned (10b5-1) | 175,328 | $9.6M |
| July 27, 2026 | Fenton SarahEVP UPSTREAM | Shares withheld for tax | 3,904 | $203K |
| July 27, 2026 | Bolen J.E.B.EVP OPERATIONS | Shares withheld for tax | 3,904 | $203K |
| July 24, 2026 | Knop JeremyCHIEF FINANCIAL OFFICER | Shares withheld for tax | 1,011 | $53.6K |
| June 8, 2026 | Rice Toby Z.PRESIDENT & CEO, Director | Soldpre-planned (10b5-1) | 1,731 | $92.5K |
| June 5, 2026 | Rice Toby Z.PRESIDENT & CEO, Director | Soldpre-planned (10b5-1) | 86,472 | $4.7M |
| June 5, 2026 | Rice Toby Z.PRESIDENT & CEO, Director | Soldpre-planned (10b5-1) | 10,511 | $579.9K |
| April 27, 2026 | Bailey Vicky ADirector | Sold | 4,116 | $246.1K |
Who owns EQT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.47% | April 29, 2026 |
| Vanguard Portfolio Management13G, passive | 5.13% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,105 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 60,261,896 | -716,511 |
| Vanguard Capital Management LLC | 40,864,324 | +298,037 |
| State Street Corp | 39,679,249 | +1,398,316 |
| Vanguard Portfolio Management LLC | 32,757,657 | +789,531 |
| Morgan Stanley | 24,345,547 | -4,105,004 |
| Wellington Management Group Llp | 22,565,479 | +6,603,286 |
| Jpmorgan Chase & Co | 20,541,701 | +268,857 |
| Geode Capital Management, LLC | 17,026,838 | +272,859 |
| Orbis Allan Gray Ltd | 15,706,047 | +3,593,314 |
| Eagle Capital Management LLC | 15,356,952 | +11,696,998 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 11,670,803 | +325,589 |
| Invesco Ltd. | 9,979,275 | +1,279,238 |
| Bank of New York Mellon Corp | 9,632,282 | +636,979 |
| Capital International Investors | 7,146,523 | +3,699,615 |
| Goldman Sachs Group Inc | 6,493,142 | +551,262 |
| Dimensional Fund Advisors LP | 5,893,265 | +370,773 |
| Northern Trust Corp | 5,588,334 | -80,059 |
| Allspring Global Investments Holdings, LLC | 5,618,889 | +92,516 |
| Baillie Gifford & Co | 5,472,472 | +1,541,421 |
| Clearbridge Investments, LLC | 5,109,556 | +467,065 |
Insiders
12 insiders reported holding 3,684,813 shares in total, about $196.3M at the last price.
| Holder | Shares |
|---|---|
| Rice Toby Z.PRESIDENT & CEO, Director | 2,157,865 |
| Jordan William E.CHIEF LEGAL & POLICY OFFICER | 534,300 |
| Duran Richard ACHIEF INFORMATION OFFICER | 294,206 |
| Evancho LesleyCHIEF HUMAN RESOURCES OFFICER | 202,230 |
| Knop JeremyCHIEF FINANCIAL OFFICER | 135,807 |
| Bolen J.E.B.EVP OPERATIONS | 79,805 |
| James ToddCHIEF ACCOUNTING OFFICER | 69,816 |
| Mccartney JohnDirector | 55,953 |
| Fenton SarahEVP UPSTREAM | 49,207 |
| Karam Thomas FDirector | 45,926 |
Questions about EQT
What does EQT Corp do?
EQT Corporation produces and transports natural gas. It explores and extracts natural gas and natural gas liquids from the Appalachian Basin in the United States. Its customers include public utilities, commercial power generators, industrial manufacturers, and wholesale commodity marketers. The company is known as the largest producer of natural gas in the United States. Its shares trade on NYSE under the ticker EQT.
What is EQT Corp's net worth?
EQT Corp has a market value (market cap) of $33.3B at the latest share price, and shareholders' equity of $25.3B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is EQT Corp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $2.7B on revenue of $9.5B, a net margin of 28.4%.
How much revenue does EQT Corp make?
Over the twelve months to June 30, 2026 EQT Corp reported revenue of $9.5B. That is 32.3% more than a year earlier.
When did EQT Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 22, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from October 7, 2026.
When is EQT Corp's next earnings report?
EQT Corp's next report is expected around October 13, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does EQT Corp pay a dividend?
Yes. EQT Corp declared dividends of $0.64 per share in fiscal 2025, a yield of 1.20% at the current price.
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Where the numbers come from
Financial figures are the values EQT Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.