EQT (EQT) revenue breakdown
By segment, Upstream is the largest at 81% of fiscal 2025 revenue; Transmission grew fastest, 162% a year over 1 years.
By product, Natural gas sales is the largest at 90% of fiscal 2023 revenue, growing 1% a year over 5 years.
Revenue by segment
Fiscal years, as EQT reports them in its 10-K filings; fiscal 2025 total $9.9B.
| Segments | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Upstream | $7.5B | $6.9B | $5.0B | $8.0B | 81% |
| Gathering | $97M | $161M | $750M | $1.3B | 13% |
| Transmission | — | — | $218M | $572M | 6% |
Revenue by product
Fiscal years, as EQT reports them in its 10-K filings; fiscal 2023 total $5.0B.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Share |
|---|---|---|---|---|---|---|---|
| Natural gas sales | $4.2B | $3.6B | $2.5B | $6.2B | $11.4B | $4.5B | 90% |
| NGLs sales | $442M | $198M | $170M | $532M | $587M | $428M | 8% |
| Oil sales | $36M | $34M | $21M | $92M | $79M | $96M | 2% |
| Net marketing services and other | $14M | — | — | — | — | — | — |
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Where does EQT make its money?
In fiscal 2025, by segment: Upstream $8.0B, Gathering $1.3B, Transmission $572M.
From EQT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.