EQT CORPORATION FY 2025 10-K, explained in plain English
Key financials — as reported
| Total revenue | $8.6B |
| Gross margin | 82.3% |
| Operating income | $3.2B |
| Net income | $2.0B |
| Diluted EPS | $3.31 |
| Cash & equivalents | $110.8M |
| Total assets | $41.8B |
| Long-term debt | $7.8B |
Key takeaway
EQT's 2025 revenue rose to $8.64 billion from $5.27 billion in 2024, driven by higher natural gas prices ($3.19/Mcfe realized) and increased sales volume of 2,382 Bcfe.
🔒 4 more takeaways in the full analysis
Beneath the surface
Cash plummeted to just $110.8 million against $7.8 billion of long-term debt (and $7.86 billion total debt face value), leaving EQT essentially all its liquidity tied up in operations with minimal cash cushion versus its debt load.
🔒 3 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for EQT.
Read the full analysis free Free account · 5 full analyses included · no card required