Filing Flows › Expand Energy (EXE) › How it makes money
How Expand Energy (EXE) makes money
Expand Energy (EXE) made $3.3B of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Of every dollar of revenue, 19¢ 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 | $3.3B | 100.0% |
| Operating profit | $640M | 19.5% |
| Income tax | $89.0M | 2.7% |
| Net earnings | $519M | 15.8% |
| Operating cash flow | $1.2B | 35.8% |
| Free cash flow | $339M | 10.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $3.3B | +11% |
| Q2 2026 | $3.0B | -20% |
| Q1 2026 | $4.4B | +100% |
| Q4 2025 | $3.3B | +64% |
| Q3 2025 | $3.0B | +358% |
| Q2 2025 | $3.7B | +631% |
| Q1 2025 | $2.2B | +103% |
From Expand Energy's 10-Q filed Oct 27, 2026 (on EDGAR).
Questions
How does Expand Energy make money?
Expand Energy (EXE) made $3.3B of revenue in the third quarter 2026 (Q3 2026), +11% from a year earlier. Of every dollar of revenue, 19¢ was left as operating profit, 16¢ was left as net earnings.
What is Expand Energy's profit margin?
Net earnings were $519M, 15.8% of revenue, in the third quarter 2026; the operating margin was 19.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.