Jun 2026 (Q2 FY26) — Jul 29, 2026
Expand Energy Q2 FY26 — Strategic Acquisitions and Capital Discipline Drive Optimism
Read the full callExpand Energy (EXE) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Expand Energy earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,960 | −19.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 22.3 | −12.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 522 | −46.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$92.92 −0.52% · −$0.49
Performance −7.8% 1Y
1Y: $100.78 on 17 Oct 2025 → $92.92. High $122.89 (3 Dec 2025), low $84.09 (30 Sept 2026).
- Previous close
- $93.41
- 52-week range
- $84.09 – $122.89
- One year
- −13.08%
Overview
- Symbol
- EXE
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — Apr 29, 2026
Expand Energy Q1 FY26 — Strong FCF, Debt Reduction, and Strategic LNG Deal
Read the full callEvery analysed call
Expand Energy earnings calls (EXE)
Financials
What the filings say
Net profit, year on year: −46% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 648 | 2,001 | 2,196 | 3,690 | 2,966 | 3,272 | 4,397 | 2,960 |
| Expenses | 803 | 2,387 | 2,464 | 2,421 | 2,241 | 2,527 | 2,866 | 2,299 |
| Operating profit | -155 | -386 | -268 | 1,269 | 725 | 745 | 1,531 | 661 |
| Operating margin | −23.9% | −19.3% | −12.2% | 34.4% | 24.4% | 22.8% | 34.8% | 22.3% |
| Other income | -3 | -35 | -51 | -41 | -39 | -58 | -42 | 11 |
| Interest | 20 | 64 | 59 | 60 | 57 | 59 | 59 | 43 |
| Profit before tax | -158 | -421 | -319 | 1,228 | 686 | 687 | 1,489 | 672 |
| Tax rate | 27.9% | 5.2% | 21.9% | 21.2% | 20.3% | 19.5% | 22.2% | 22.3% |
| Net profit | -114 | -399 | -249 | 968 | 547 | 553 | 1,159 | 522 |
| EPS ($ per share) | -0.85 | — | -1.06 | 4.07 | 2.30 | — | 4.83 | 2.19 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 9 | 0 | 0 | 1 | 1 | 1 | 2 | 2 |
| Reserves | -13,912 | -14,220 | -23,954 | 825 | 3,399 | 4,974 | 3,876 | 4,830 |
| Total liabilities | 10,602 | 11,792 | 11,925 | 5,338 | 6,344 | 3,647 | 10,329 | 9,709 |
| Fixed assets | 10,818 | 14,756 | 5,242 | 8,802 | 11,187 | 10,097 | 24,282 | 24,355 |
| Total assets | 12,735 | 16,193 | 6,584 | 11,009 | 15,468 | 14,376 | 27,894 | 28,287 |
| Line item | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 475 | 1,730 | 1,623 | 1,164 | 4,125 | 2,380 | 1,565 | 4,575 |
| Cash from investing | -918 | 455 | -2,480 | -992 | -3,401 | 473 | -1,904 | -2,759 |
| Cash from financing | -434 | -2,186 | 859 | 101 | -1,446 | -1,892 | -419 | -1,515 |
| Net cash flow | -877 | -1 | 2 | 273 | -722 | 961 | -758 | 301 |
| Capital expenditure | -2,134 | -1,869 | -2,311 | -1,142 | -1,823 | -1,829 | -1,557 | -2,736 |
| Free cash flow | -1,659 | -139 | -688 | 22 | 2,302 | 551 | 8 | 1,839 |
EXE revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Oil and Gas | 63% | 80% | 105% | 55% | 62% | 70% | 75% | 62% | -9.5% |
| Natural Gas Sales | 63% | 66% | — | 48% | — | — | 70% | 51% | -13.6% |
| Natural Gas Gathering Transportation Marketing and Processing | 30% | 32% | 41% | 21% | 22% | 24% | 28% | 23% | -13.6% |
| Natural Gas Marketing Sales | 30% | 28% | 38% | 19% | 20% | 22% | 26% | 20% | -17.8% |
| Natural Gas Liquids Sales | 0% | 11% | 9% | 5% | 6% | 5% | 4% | 7% | +13.1% |
| Oil Sales | 0% | 3% | 4% | 2% | 3% | 2% | 2% | 4% | +30.2% |
| Oil Marketing Sales | 0% | 2% | 2% | 1% | 1% | 1% | 1% | 2% | +48.5% |
| Natural Gas Liquids Marketing Sales | 0% | 2% | 2% | 1% | 1% | 1% | 1% | 1% | +13.9% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2026 · share of revenue
- Haynesville 51% ↓ 8 pt
- Southwest Appalachia 38%
- Northeast Appalachia 35%
As EXE cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
37 filings between Feb 9, 2026 and Oct 15, 2026.
Open market
decisions to buy or sellPurchases
$876.5K
7 purchases by 3 insiders
Sales
None
No insider sold shares.
Compensation
not trading decisions- 15
- Award — granted as compensation
- 4
- Option exercise — converted options into shares
- 11
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Wichterich Michael | $397.3K | — | Jun 12, 2026 |
| Teunissen Marcel | $378.6K | — | Jun 4, 2026 |
| Gallagher Matthew | $100.7K | — | Feb 19, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 15, 2026 | Lacy Christopher W EVP - GENERAL COUNSEL | Tax withheld | 1,839 | $167.0K |
| Jun 12, 2026 | Wichterich Michael Interim President and CEO | Purchase | 1,000 | $88.9K |
| Jun 4, 2026 | Emerson Sarah A. Director | Award | 2,331 | $225.0K |
| Jun 4, 2026 | Steck Brian Director | Award | 2,746 | $265.1K |
| Jun 4, 2026 | Duncan Timothy S. Director | Award | 2,331 | $225.0K |
| Jun 4, 2026 | Konar Shameek Director | Award | 2,331 | $225.0K |
| Jun 4, 2026 | Kehr Catherine A Director | Award | 2,331 | $225.0K |
| Jun 4, 2026 | Gallagher Matthew Director | Award | 2,331 | $225.0K |
| Jun 4, 2026 | JOHNSON S P IV Director | Award | 2,331 | $225.0K |
| Jun 4, 2026 | Duster Benjamin Director | Award | 2,331 | $225.0K |
| Jun 4, 2026 | Teunissen Marcel EVP & CFO | Purchase | 2,000 | $185.8K |
| Jun 4, 2026 | Wichterich Michael Interim President and CEO | Purchase | 1,000 | $93.4K |
| May 7, 2026 | Teunissen Marcel EVP & CFO | Purchase | 2,000 | $192.9K |
| Apr 6, 2026 | Teunissen Marcel EVP & CFO | Award | 5,144 | $0 |
| Mar 15, 2026 | Raiford Brittany VP, Interim CFO & Treasurer | Award | 3,558 | $0 |
| Mar 15, 2026 | Raiford Brittany VP, Interim CFO & Treasurer | Tax withheld | 170 | $18.2K |
| Mar 15, 2026 | Turco Daniel F EVP-MARKETING & COMMERCIAL | Award | 5,693 | $0 |
| Mar 15, 2026 | Lacy Christopher W EVP - GENERAL COUNSEL | Award | 5,693 | $0 |
| Mar 15, 2026 | Lacy Christopher W EVP - GENERAL COUNSEL | Tax withheld | 820 | $87.8K |
| Mar 15, 2026 | Viets Joshua J. EVP & COO | Award | 10,815 | $0 |
| Mar 15, 2026 | Viets Joshua J. EVP & COO | Option exercise | 13,626 | $0 |
| Mar 15, 2026 | Viets Joshua J. EVP & COO | Option exercise | 1,110 | $0 |
| Mar 15, 2026 | Viets Joshua J. EVP & COO | Tax withheld | 3,728 | $399.0K |
| Mar 15, 2026 | Viets Joshua J. EVP & COO | Tax withheld | 6,462 | $691.6K |
| Mar 15, 2026 | Larson Gregory M. VP-Accounting & Controller | Award | 2,372 | $0 |
| Mar 15, 2026 | Larson Gregory M. VP-Accounting & Controller | Option exercise | 881 | $0 |
| Mar 15, 2026 | Larson Gregory M. VP-Accounting & Controller | Option exercise | 72 | $0 |
| Mar 15, 2026 | Larson Gregory M. VP-Accounting & Controller | Tax withheld | 522 | $55.9K |
| Mar 15, 2026 | Larson Gregory M. VP-Accounting & Controller | Tax withheld | 276 | $29.5K |
| Mar 15, 2026 | Turco Daniel F EVP-MARKETING & COMMERCIAL | Tax withheld | 775 | $82.9K |
| Mar 6, 2026 | Wichterich Michael Interim President and CEO | Purchase | 1,000 | $108.0K |
| Mar 6, 2026 | Wichterich Michael Interim President and CEO | Purchase | 1,000 | $107.0K |
| Feb 20, 2026 | Raiford Brittany VP, Interim CFO & Treasurer | Tax withheld | 485 | $52.4K |
| Feb 20, 2026 | Lacy Christopher W EVP - GENERAL COUNSEL | Tax withheld | 7,462 | $806.3K |
| Feb 19, 2026 | Gallagher Matthew Director | Purchase | 1,000 | $100.7K |
| Feb 18, 2026 | Turco Daniel F EVP-MARKETING & COMMERCIAL | Tax withheld | 740 | $73.6K |
| Feb 9, 2026 | Wichterich Michael Interim President and CEO | Award | 16,856 | $0 |
| Oct 15, 2025 | Raiford Brittany VP, Interim CFO & Treasurer | Tax withheld | 511 | $52.7K |
| Oct 15, 2025 | Lacy Christopher W EVP - GENERAL COUNSEL | Tax withheld | 1,850 | $190.9K |
| Aug 18, 2025 | Viets Joshua J. EVP & COO | Purchase | 2,000 | $184.3K |
| Aug 15, 2025 | DELL'OSSO DOMENIC J JR President and CEO | Purchase | 2,500 | $239.7K |
| Jun 5, 2025 | Steck Brian Director | Award | 2,120 | $235.1K |
| Jun 5, 2025 | Duncan Timothy S. Director | Award | 1,939 | $215.0K |
| Jun 5, 2025 | Duster Benjamin Director | Award | 1,804 | $200.0K |
| Jun 5, 2025 | Emerson Sarah A. Director | Award | 1,804 | $200.0K |
| Jun 5, 2025 | Gallagher Matthew Director | Award | 1,804 | $200.0K |
| Jun 5, 2025 | Gass John D Director | Award | 1,804 | $200.0K |
| Jun 5, 2025 | JOHNSON S P IV Director | Award | 1,804 | $200.0K |
| Jun 5, 2025 | Kehr Catherine A Director | Award | 1,804 | $200.0K |
| Jun 5, 2025 | Konar Shameek Director | Award | 1,804 | $200.0K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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