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Expand Energy (EXE) operating margin by quarter

Expand Energy's operating margin was 19.5% in Q3 2026 (third quarter 2026), -2.9 pts from Q2 2026. Over the last 6 quarters it ranged from 19.5% (Q3 2026) to 34.8% (Q1 2026).

Expand Energy operating margin by quarterExpand Energy operating margin by quarter34.4%Q2 202524.4%Q3 202522.8%Q4 202534.8%Q1 202622.3%Q2 202619.5%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202619.5%-2.9 pts-5.0 pts
Q2 202622.3%-12.5 pts-12.1 pts
Q1 202634.8%+12.1 pts—
Q4 202522.8%-1.7 pts—
Q3 202524.4%-9.9 pts—
Q2 202534.4%——

Q3 2026 at a glance

Expand Energy, Q3 2026: revenue $3.3B (+11% year over year), operating margin 19.5%, net earnings $519M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Expand Energy's operating margin?

Expand Energy's operating margin was 19.5% in Q3 2026 (third quarter 2026), -2.9 pts from Q2 2026.

How has Expand Energy's operating margin changed?

Over the last 6 quarters it ranged from 19.5% (Q3 2026) to 34.8% (Q1 2026).

Q3 2026 results → · How Expand Energy makes money →