Energy · Oil & Gas Exploration & Production
Expand Energy: revenue, profit and dividends
In fiscal 2025, Expand Energy had revenue of $12.1B, down 0.5% a year on average since 2015, and net income of $1.82B (15.0% of revenue).
Revenue, fiscal 2025
average annual revenue growth since 2015 · +186.3% vs 2024
- Ticker
- EXE · Nasdaq
- Sector
- Energy
- Sub-industry
- Oil & Gas Exploration & Production
- Headquarters
- Oklahoma City, Oklahoma
- Founded
- 1989
- In the S&P 500 since
- March 24, 2025
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- EXPAND ENERGY Corp · CIK 0000895126
Revenue and net income
Revenue went from $7.8B in 2007 to $12.1B in 2025. Net loss in 2009, 2012, 2015–2017, 2019–2020, 2024.
Diluted earnings per share
Diluted EPS went from $33.36 in 2022 to $7.57 in 2025.
Shares outstanding
From 146M in 2022 to 240M in 2025.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $1.84B in 2025, 15.2% of revenue. Negative in 2008–2016.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $12.1B | $1.82B | 15.0% | $7.57 | — | 240M | $4.58B | $2.74B | $1.84B |
| 2024 | $4.24B | −$714M | −16.9% | −$4.55 | — | 157M | $1.56B | $1.56B | $8.0M |
| 2023 | $8.72B | $2.42B | 27.7% | $16.92 | $3.62* | 143M | $2.38B | $1.83B | $551M |
| 2022 | $11.7B | $4.94B | 42.0% | $33.36 | $9.59* | 146M | $4.12B | $1.82B | $2.3B |
| 2020 | $5.24B | −$9.73B | −185.8% | — | — | — | $1.16B | $1.14B | $22M |
| 2019 | $8.53B | −$308M | −3.6% | — | — | — | — | — | — |
| 2018 | $10B | $226M | 2.3% | — | — | — | — | — | — |
| 2017 | $10B | −$505M | −5.0% | — | — | — | — | — | — |
| 2016 | $7.87B | −$4.39B | −55.8% | — | — | — | −$204M | $1.45B | −$1.65B |
| 2015 | $12.8B | −$14.6B | −114.1% | — | — | — | $1.23B | $3.61B | −$2.38B |
| 2014 | $23.1B | $1.92B | 8.3% | — | — | — | $4.63B | $6.67B | −$2.03B |
| 2013 | $19.1B | $724M | 3.8% | — | — | — | $4.61B | $7.19B | −$2.58B |
| 2012 | $12.3B | −$769M | −6.2% | — | — | — | $2.84B | $14.1B | −$11.3B |
| 2011 | $11.6B | $1.74B | 15.0% | — | — | — | $5.9B | $6.34B | −$434M |
| 2010 | $9.37B | $1.77B | 18.9% | — | — | — | $5.12B | $6.93B | −$1.81B |
| 2009 | $7.7B | −$5.83B | −75.7% | — | — | — | $4.36B | $6.09B | −$1.74B |
| 2008 | $11.6B | $604M | 5.2% | — | — | — | $5.36B | $9.65B | −$4.29B |
| 2007 | $7.8B | $1.46B | 18.7% | — | — | — | — | — | — |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data. * added up from quarterly reports.
About these figures
- The share count goes from 9.77M in 2020 to 146M in 2022, far more than buybacks or new shares explain — usually an IPO, a reverse split or a reorganization that the data are not adjusted for. Per-share figures and share counts before 2022 are therefore left out.
- No full-year figures for 2021: the filings do not report it as one twelve-month period (this happens after a reorganization or a change of fiscal year).
- Dividends per share for 2022–2023 are added up from the quarterly reports.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Oil & Gas Exploration & Production companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.