Filing Flows › EQT (EQT) › Q3 2026 › vs Q2 2026
EQT (EQT) Q3 2026 vs Q2 2026 (quarter over quarter)
EQT's revenue fell $39.5M (-2%) from $1.8B in Q2 2026 to $1.8B in Q3 2026. Operating margin 26.0% against 21.8% (+4.2 pts).
EQT, Q3 2026: revenue $1.8B (-10% year over year), operating margin 26.0%, net earnings $279M, operating cash flow $1.1B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 26.0% | 21.8% | +4.2 pts |
| Net margin | 15.7% | 11.7% | +4.1 pts |
| Free cash flow margin | 24.6% | 22.0% | +2.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | −$39.5M | -2% |
| Operating profit | $459M | $394M | $65.4M | +17% |
| Costs & expenses | $1.3B | $1.4B | −$105M | -7% |
| Pre-tax earnings | $432M | $366M | $65.4M | +18% |
| Other expense, net | $27.7M | $27.7M | $45K | +0.2% |
| Cost of revenue | $371M | $385M | −$14.2M | -4% |
| SG&A | $116M | $106M | $9.6M | +9% |
| Other operating costs | $824M | $924M | −$100M | -11% |
| Net earnings | $279M | $211M | $67.3M | +32% |
| Minority interests | $66.4M | $70.0M | −$3.6M | -5% |
| Income tax | $86.7M | $84.9M | $1.7M | +2% |
| Depreciation & amortization | $640M | $690M | −$49.8M | -7% |
| Share-based compensation | $25.3M | $23.8M | $1.5M | +6% |
| Working capital & other | $140M | $123M | $16.3M | +13% |
| Operating cash flow | $1.1B | $1.0B | $35.3M | +3% |
| Free cash flow (OCF − capex) | $436M | $398M | $38.0M | +10% |
| Capital expenditures | $647M | $650M | −$2.8M | -0.4% |
Questions
How much did EQT's revenue grow quarter over quarter in Q3 2026?
EQT's revenue fell $39.5M (-2%) from $1.8B in Q2 2026 to $1.8B in Q3 2026. Operating margin 26.0% against 21.8% (+4.2 pts).