Filing Flows › Expand Energy (EXE) › Q3 2026
Expand Energy (EXE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Expand Energy (EXE) reported revenue of $3.3B for the third quarter 2026 (Q3 2026), +11% from a year earlier and +11% from the quarter before. Operating margin was 19.5%, net earnings $519M (15.8% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.3B | +11% | +11% |
| Operating profit | $640M | -3% | -12% |
| Net earnings | $519M | -0.6% | -5% |
| Operating cash flow | $1.2B | +7% | -2% |
| Free cash flow | $339M | -1% | -20% |
What changed
Revenue was $3.3B in Q3 2026, up 11% year over year and up 11% from the previous quarter.
Operating profit was $0.64B, a 19.5% margin (down 5.0 points year over year). Operating profit fell $0.09B even though revenue rose $0.32B versus Q3 2025, so costs grew faster than sales. Total costs grew 18% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $0.52B, down 5% year over year. The effective tax rate was 14.6%.
Operating cash flow was $1.2B (down 2% year over year), 227% of net earnings. Non-cash charges added back $0.75B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.10B. Capital expenditures of $0.84B left free cash flow of $0.34B.
Questions
What was Expand Energy's revenue in the third quarter 2026?
Expand Energy (EXE) reported revenue of $3.3B for the third quarter 2026 (Q3 2026), +11% from a year earlier and +11% from the quarter before.
Was Expand Energy profitable in the third quarter 2026?
Operating profit was $640M (19.5% of revenue) and net earnings $519M.
Source: Expand Energy 10-Q on SEC EDGAR.