Filing Flows › Expand Energy (EXE) › Q2 2026 › vs Q1 2026
Expand Energy (EXE) Q2 2026 vs Q1 2026 (quarter over quarter)
Expand Energy's revenue fell $1.4B (-33%) from $4.4B in Q1 2026 to $3.0B in Q2 2026. Operating margin 22.3% against 34.8% (-12.5 pts).
Expand Energy, Q2 2026: revenue $3.0B (-20% year over year), operating margin 22.3%, net earnings $522M, operating cash flow $1.1B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 22.3% | 34.8% | -12.5 pts |
| Net margin | 17.6% | 26.4% | -8.7 pts |
| Free cash flow margin | 11.6% | 38.5% | -27.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.0B | $4.4B | −$1.4B | -33% |
| Other income, net | $11.0M | −$42.0M | $53.0M | — |
| Operating profit | $661M | $1.5B | −$870M | -57% |
| Costs & expenses | $2.3B | $2.9B | −$567M | -20% |
| Pre-tax earnings | $672M | $1.5B | −$817M | -55% |
| General & admin | $50.0M | $63.0M | −$13.0M | -21% |
| Other operating costs | $2.2B | $2.8B | −$554M | -20% |
| Net earnings | $522M | $1.2B | −$637M | -55% |
| Income tax | $150M | $330M | −$180M | -55% |
| Depreciation & amortization | $722M | $711M | $11.0M | +2% |
| Share-based compensation | $12.0M | $10.0M | $2.0M | +20% |
| Working capital & other | $160M | −$522M | $682M | — |
| Operating cash flow | $1.1B | $2.4B | −$1.3B | -54% |
| Free cash flow (OCF − capex) | $343M | $1.7B | −$1.4B | -80% |
| Capital expenditures | $753M | $707M | $46.0M | +7% |
Questions
How much did Expand Energy's revenue grow quarter over quarter in Q2 2026?
Expand Energy's revenue fell $1.4B (-33%) from $4.4B in Q1 2026 to $3.0B in Q2 2026. Operating margin 22.3% against 34.8% (-12.5 pts).