Filing Flows › EQT (EQT) › How it makes money
How EQT (EQT) makes money
EQT (EQT) made $1.8B of revenue in the third quarter 2026 (Q3 2026), -10% from a year earlier. Of every dollar of revenue, 26¢ was left as operating profit, 16¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.8B | 100.0% |
| Operating profit | $459M | 26.0% |
| Income tax | $86.7M | 4.9% |
| Net earnings | $279M | 15.7% |
| Operating cash flow | $1.1B | 61.2% |
| Free cash flow | $436M | 24.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.8B | -10% |
| Q2 2026 | $1.8B | -29% |
| Q1 2026 | $3.4B | +94% |
| Q4 2025 | $2.4B | +47% |
| Q3 2025 | $2.0B | +53% |
| Q2 2025 | $2.6B | +168% |
| Q1 2025 | $1.7B | +23% |
From EQT's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does EQT make money?
EQT (EQT) made $1.8B of revenue in the third quarter 2026 (Q3 2026), -10% from a year earlier. Of every dollar of revenue, 26¢ was left as operating profit, 16¢ was left as net earnings.
What is EQT's profit margin?
Net earnings were $279M, 15.7% of revenue, in the third quarter 2026; the operating margin was 26.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.