Expand Energy income statement

In fiscal 2025, Expand Energy reported revenue of $12.12bn, up 186.3% on the year before, operating income of $2.47bn (a 20.4% margin) and net income of $1.82bn, or $7.57 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Expand Energy: income statement, annual
Fiscal year	2008Dec 2008	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	11.6	7.7	9.4	11.6	12.3	19.1	23.1	12.8	7.9	10.0	10.0	8.5	5.2	11.7	8.7	4.2	12.1	13.9
General and administrative	0.4	0.3	0.5	0.5	0.5	0.5	0.3	0.2	0.2	0.3	0.3	0.3	0.3	0.1	0.1	0.2	0.2	0.2
Operating income	1.5	−8.9	2.8	2.9	−1.7	2.1	3.5	−18.9	−4.4	−0.1	0.4	−0.0	−8.7	3.8	3.1	−0.8	2.5	3.6
Interest expense	0.3	0.1	0.0	0.0	0.1	0.2	0.1	0.3	0.3	0.6	0.6	0.7	0.3	0.2	0.1	0.1	0.2	0.2
Income before tax	1.0	−9.3	2.9	2.9	−1.0	1.4	3.2	−19.1	−4.6	−0.5	0.2	−0.6	−9.8	3.7	3.1	−0.8	2.3	3.5
Income tax	0.4	−3.5	1.1	1.1	−0.4	0.5	1.1	−4.5	−0.2	0.0	−0.0	−0.3	−0.0	−1.3	0.7	−0.1	0.5	0.7
Net income	0.6	−5.8	1.8	1.7	−0.8	0.7	1.9	−14.6	−4.4	−0.5	0.2	−0.3	−9.7	4.9	2.4	−0.7	1.8	2.8
Diluted EPS	$0.06	−$0.64	$0.17	$0.15	−$0.10	$0.05	$0.12	−$1.48	−$0.43	−$0.05	$1.95	−$3.33	−$66.55	$33.36	$16.92	−$4.55	$7.57	$11.50
Diluted shares (average)	8,175m	9,180m	10,590m	11,280m	9,645m	9,795m	11,580m	9,930m	11,460m	13,590m	68m	125m	147m	146m	143m	157m	240m	239m
EBITDA	3.6	−7.3	4.4	4.8	1.1	5.0	6.4	−16.7	−3.3	1.6	2.1	2.2	−7.6	5.5	4.7	0.9	5.5	6.5

US$ millions unless shown otherwise. Fiscal quarters.

Expand Energy: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	2,001	2,196	3,690	2,966	3,272	4,397	2,960	3,286
General and administrative	53	47	40	45	49	63	50	50
Operating income	−386	−268	1,269	725	745	1,531	661	640
Interest expense	64	59	60	57	59	59	43	44
Income before tax	−421	−319	1,228	686	687	1,489	672	608
Income tax	−22	−70	260	139	134	330	150	89
Net income	−399	−249	968	547	553	1,159	522	519
Diluted EPS	−$2.16	−$1.06	$4.02	$2.28	$2.30	$4.81	$2.19	$2.24
EBITDA	261	443	2,038	1,466	1,504	2,242	1,383	1,390

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Expand Energy's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Expand Energy.