EXPAND ENERGY Corp is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: EXE delivered a transformational Q1 FY2026, doubling revenue to $4.40B and swinging to $1.16B net income from a prior-year loss, driven by dramatically improved operating leverage and a surge in operating cash flow to $2.40B.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue surged 100.2% to $4.40B in Q1 FY2026 from $2.20B in Q1 FY2025, signaling a major step-change in the company's business scale, likely reflecting a significant acquisition, merger, or transformative contract wins.
Operating income improved by $1.80B to $1.53B from a loss of $268M, with operating margin expanding approximately 47 percentage points to 34.8%, indicating substantial operating leverage and cost discipline relative to the revenue base.
Cash and equivalents jumped 536.1% to $2.22B from $349M, supported by operating cash flow of $2.40B — up 119.2% year-over-year — reflecting strong cash conversion and improved earnings quality.
Revenue
$4.4B
++100.23% YoY
EPS (Basic)
$4.83
++555.66% YoY
Operating Income
$1.53B
++671.27% YoY
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