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EXE (Expand Energy Corporation) Stock Financials & Earnings | Market Cap Arena
EXE
Expand Energy Corporation
Mkt Cap
$26B
Energy
·
Oil & Gas Exploration & Production
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$11.9B
Net Income (TTM)
$1.8B
EPS (TTM)
$7.53
Free Cash Flow (TTM)
$1.7B
Gross Margin
50.1%
Op. Margin
19.2%
Net Margin
15.3%
FCF Margin
14.3%
P/S Ratio (TTM)
2.2x
P/E Ratio (TTM)
14.2x
YoY Rev Growth
+181.8%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$3.0B
$2.3B
$1.8B
Q2 23
$1.4B
$96M
$517M
Q3 23
$1.5B
$865M
$79M
Q4 23
$1.8B
$1.2B
$726M
Q1 24
$1.1B
$442M
$32M
Q2 24
$503M
-$189M
-$294M
Q3 24
$646M
$109M
-$155M
Q4 24
$2.0B
$638M
-$386M
Q1 25
$2.2B
$775M
-$268M
Q2 25
$3.7B
$1.4B
$1.3B
Q3 25
$3.0B
$2.4B
$725M
Q4 25
$3.0B
$1.4B
$557M
marketcaparena.com
Revenue Breakdown
EXE
Expand Energy Corporation
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
1.9x
3.6x
Q2 23
2.2x
4.1x
Q3 23
2.6x
4.7x
Q4 23
3.3x
10.6x
Q1 24
4.4x
24.4x
Q2 24
5.3x
58.8x
Q3 24
6.4x
101.3x
Q4 24
6.1x
—
Q1 25
4.8x
—
Q2 25
3.0x
124.9x
Q3 25
2.4x
29.7x
Q4 25
2.2x
14.2x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$889M
$392M
Q2 23
$515M
-$15M
Q3 23
$506M
$83M
Q4 23
$470M
$91M
Q1 24
$552M
$131M
Q2 24
$209M
-$93M
Q3 24
$418M
$120M
Q4 24
$382M
-$154M
Q1 25
$1.1B
$533M
Q2 25
$1.3B
$665M
Q3 25
$1.2B
$426M
Q4 25
$945M
$78M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$497M
Q2 23
$530M
Q3 23
$423M
Q4 23
$379M
Q1 24
$421M
Q2 24
$302M
Q3 24
$298M
Q4 24
$536M
Q1 25
$563M
Q2 25
$657M
Q3 25
$775M
Q4 25
$867M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+362.7%
-16.2%
Q2 23
-59.4%
-58.2%
Q3 23
-52.2%
-33.6%
Q4 23
-56.1%
-42.9%
Q1 24
-64.6%
-14.3%
Q2 24
-64.6%
-11.6%
Q3 24
-57.3%
-44.1%
Q4 24
+10.5%
+120.2%
Q1 25
+104.7%
+136.7%
Q2 25
+632.8%
+203.3%
Q3 25
+359.1%
+179.8%
Q4 25
+52.4%
+4.4%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$7M
0.2%
Q2 23
$9M
0.6%
Q3 23
-$16M
-1.1%
Q4 23
$8M
0.4%
Q1 24
$9M
0.8%
Q2 24
$10M
2.0%
Q3 24
$10M
1.5%
Q4 24
$9M
0.5%
Q1 25
$9M
0.4%
Q2 25
$13M
0.4%
Q3 25
$12M
0.4%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
G&A
S&M
Quarter
G&A
S&M
Q1 23
$35M
$651M
Q2 23
$31M
—
Q3 23
$29M
$723M
Q4 23
$32M
$514M
Q1 24
$47M
$323M
Q2 24
$47M
—
Q3 24
$39M
$192M
Q4 24
$53M
$654M
Q1 25
$47M
$919M
Q2 25
$40M
—
Q3 25
$45M
$666M
Q4 25
$49M
$799M
marketcaparena.com
Revenue Segments
Quarter
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War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$130M
$0
$130M
Q2 23
$903M
$0
$903M
Q3 23
$713M
$0
$713M
Q4 23
$1.1B
$0
$1.1B
Q1 24
$1.2B
$0
$1.2B
Q2 24
$1.0B
$0
$1.0B
Q3 24
$1.0B
$0
$1.0B
Q4 24
$317M
$0
$317M
Q1 25
$349M
$0
$349M
Q2 25
$806M
$46M
$852M
Q3 25
$691M
$157M
$848M
Q4 25
$696M
$264M
$960M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
145M
-1.1%
Q2 23
143M
-1.0%
Q3 23
142M
-0.6%
Q4 23
141M
-0.6%
Q1 24
142M
+0.2%
Q2 24
131M
-7.5%
Q3 24
134M
+2.0%
Q4 24
232M
+73.1%
Q1 25
234M
+1.3%
Q2 25
241M
+2.6%
Q3 25
241M
+0.0%
Q4 25
240M
-0.1%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$4M
6K
FY 15
$3M
4K
FY 16
$2M
3K
FY 17
$3M
3K
FY 18
$4M
2K
FY 19
$4M
2K
FY 20
$4M
1K
FY 21
$6M
1K
FY 22
$10M
1K
FY 23
$8M
1K
FY 24
$2M
2K
FY 25
$7M
2K
marketcaparena.com