Filing Flows › Expand Energy (EXE) › Q1 2025
Expand Energy (EXE) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Expand Energy (EXE) reported revenue of $2.2B for the first quarter 2025 (Q1 2025), +103% from a year earlier and +10% from the quarter before. Operating margin was -12.2%, net loss $249M (11.3% of revenue).
Expand Energy, Q1 2025: revenue $2.2B (+103% year over year), operating margin -12.2%, net loss $249M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +10% | +103% |
| Operating profit | −$268M | — | — |
| Net earnings | −$249M | — | — |
| Operating cash flow | $1.1B | +187% | +99% |
| Free cash flow | $533M | — | +307% |
What changed
Revenue was $2.2B in Q1 2025, up 103% year over year and up 10% from the previous quarter.
Operating costs exceeded revenue by $0.27B, an operating margin of -12.2%. Total costs grew 135% against revenue growth of 103%. The fastest-growing cost line was Other operating costs (+141%). The quarter ended with a net loss of $0.25B, narrower than the previous quarter's $0.40B loss.
Operating cash flow was $1.1B (up 99% year over year). Non-cash charges added back $0.71B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.62B. Capital expenditures of $0.56B left free cash flow of $0.53B.
Questions
What was Expand Energy's revenue in the first quarter 2025?
Expand Energy (EXE) reported revenue of $2.2B for the first quarter 2025 (Q1 2025), +103% from a year earlier and +10% from the quarter before.
Was Expand Energy profitable in the first quarter 2025?
Operating loss was $268M (-12.2% of revenue) and net loss $249M.
Source: Expand Energy 10-Q on SEC EDGAR.