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EQT (EQT) operating margin by quarter

EQT's operating margin was 26.0% in Q3 2026 (third quarter 2026), +4.2 pts from Q2 2026. Over the last 7 quarters it ranged from 21.8% (Q2 2026) to 60.3% (Q1 2026).

EQT operating margin by quarterEQT operating margin by quarter28.5%Q1 202544.3%Q2 202530.8%Q3 202542.5%Q4 202560.3%Q1 202621.8%Q2 202626.0%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202626.0%+4.2 pts-4.8 pts
Q2 202621.8%-38.5 pts-22.6 pts
Q1 202660.3%+17.7 pts+31.7 pts
Q4 202542.5%+11.8 pts—
Q3 202530.8%-13.5 pts—
Q2 202544.3%+15.8 pts—
Q1 202528.5%——

Q3 2026 at a glance

EQT, Q3 2026: revenue $1.8B (-10% year over year), operating margin 26.0%, net earnings $279M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is EQT's operating margin?

EQT's operating margin was 26.0% in Q3 2026 (third quarter 2026), +4.2 pts from Q2 2026.

How has EQT's operating margin changed?

Over the last 7 quarters it ranged from 21.8% (Q2 2026) to 60.3% (Q1 2026).

Q3 2026 results → · How EQT makes money →