EQTEnergy & utilities
| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $1.62B | $1.74B | $2.56B | $1.96B | $2.39B | $3.38B | $1.81B | $1.77B | ▼ -9.6% |
| Gross profit | $1.24B | $1.36B | $2.17B | $1.58B | $2.00B | $2.98B | $1.42B | $1.40B | ▼ -11.5% |
| Operating income | $781.45M | $496.25M | $1.13B | $603.21M | $1.02B | $2.04B | $394.04M | $459.46M | ▼ -23.8% |
| Net income | $418.39M | $242.14M | $784.15M | $335.86M | $677.10M | $1.49B | $211.43M | $278.69M | ▼ -17.0% |
| R&Dnever filed | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — | — | — | — |
| Margins (% of revenue) | |||||||||
| Gross | 76.2 % | 78.3 % | 84.8 % | 80.7 % | 83.8 % | 88.2 % | 78.7 % | 79.1 % | ▼ -1.7 pt |
| Operating | 48.1 % | 28.5 % | 44.3 % | 30.8 % | 42.5 % | 60.3 % | 21.8 % | 26.0 % | ▼ -4.8 pt |
| Net | 25.8 % | 13.9 % | 30.7 % | 17.1 % | 28.4 % | 44.0 % | 11.7 % | 15.7 % | ▼ -1.4 pt |
| Balance sheet | |||||||||
| Assets | $39.83B | $39.70B | $39.67B | $41.20B | $41.79B | $41.69B | $41.32B | $41.44B | ▲ +0.6% |
| Liabilities | $15.55B | $15.30B | $14.57B | $14.40B | $14.43B | $12.91B | $12.46B | $12.42B | ▼ -13.8% |
| Equity | $24.28B | $24.40B | $25.10B | $26.79B | $27.36B | $28.79B | $28.86B | $29.02B | ▲ +8.3% |
| Cash | $202.09M | $281.76M | $555.49M | $235.74M | $110.80M | $326.57M | $112.86M | $78.72M | ▼ -66.6% |
| Capital | |||||||||
| Shares outstanding | 597.44M | 598.63M | 624.06M | 624.07M | 624.27M | 625.48M | 625.52M | 625.55M | ▲ +0.2% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.