Flagship explainer

How EQT CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$8.6B · 100%Cost of revenue$1.5B · 18%Gross profit$7.1B · 82%Operating income$3.2B · 38%Income before tax$3.0B · 34%Income tax$652M · 8%Net income$2.0B · 24%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$8.6B100%
Cost of revenue$1.5B18%
$7.1B82%
$3.2B38%
Income before tax$3.0B34%
Income tax$652M8%
$2.0B24%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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EQT income explainer — Buy Like Buffett · Buy Like Buffett