Expand Energy Corporation income statement & cash flow
In the fiscal year ended Dec 31, 2025, Expand Energy Corporation reported net income of $1.82B on revenue of $12.12B. Operating cash flow was $4.58B and capital expenditures were $2.74B, leaving $1.84B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.76B | $7.87B | $10.04B | $10.03B | $8.53B | $5.24B | $11.74B | $8.72B | $4.24B | $12.12B |
| Operating income | −$18.92B | −$4.41B | −$138.00M | $382.00M | −$31.00M | −$8.70B | $3.78B | $3.14B | −$803.00M | $2.47B |
| Net income | −$14.57B | −$4.39B | −$505.00M | $226.00M | −$308.00M | −$9.73B | $4.94B | $2.42B | −$714.00M | $1.82B |
| Diluted EPS | −$22.26 | −$6.43 | −$0.70 | $29.26 | −$49.97 | −$998.26 | $33.36 | $16.92 | −$4.55 | $7.57 |
| Operating cash flow | $1.23B | −$204.00M | $475.00M | $1.73B | $1.62B | $1.16B | $4.12B | $2.38B | $1.56B | $4.58B |
| Capital expenditures | — | — | — | — | — | $1.14B | $1.82B | $1.83B | $1.56B | $2.74B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 20.4% | 15.0% |
| Dec 2024 | — | -19.0% | -16.9% |
| Dec 2023 | — | 36.0% | 27.7% |
| Dec 2022 | — | 32.2% | 42.0% |
| Dec 2020 | — | -166.1% | -185.8% |
Source: SEC EDGAR XBRL company facts for CIK 895126 (raw data). Most recent filing in this dataset: 10-Q filed Oct 27, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.