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AI English summary of an SEC filing — figures as filed

EQT logoEQT EQT

EQT said net income attributable to EQT for Q1 2026 was $1,487 million and diluted earnings per share was $2.36. Adjusted net income was $1,465 million and adjusted EPS was $2.33, compared to $242 million and $0.40, respectively, for Q1 2025.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. EQT said net income attributable to EQT for Q1 2026 was $1,487 million and diluted earnings per share was $2.36. Adjusted net income was $1,465 million and adjusted EPS was $2.33, compared to $242 million and $0.40, respectively, for Q1 2025.

  2. The company said net cash provided by operating activities for Q1 2026 was $3,055 million. Free cash flow attributable to EQT, a non-GAAP measure, was $1,832 million, which the company said was a record on a quarterly basis, compared to $1,036 million for Q1 2025.

  3. As of March 31, 2026, EQT said total debt was $6.0 billion and net debt was $5.7 billion, down from $7.8 billion and $7.7 billion, respectively, as of December 31, 2025. The company had no borrowings outstanding under its $3.5 billion revolving credit facility and total liquidity was approximately $3.8 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q1 2026 Net Income and Adjusted Net Income

EQT said net income attributable to EQT for Q1 2026 was $1,487 million and diluted earnings per share was $2.36. Adjusted net income was $1,465 million and adjusted EPS was $2.33, compared to $242 million and $0.40, respectively, for Q1 2025.

Source · Based on the filing body and exhibits

Q1 Operating Cash Flow and Free Cash Flow

The company said net cash provided by operating activities for Q1 2026 was $3,055 million. Free cash flow attributable to EQT, a non-GAAP measure, was $1,832 million, which the company said was a record on a quarterly basis, compared to $1,036 million for Q1 2025.

Source · Based on the filing body and exhibits

Total Debt, Net Debt and Liquidity

As of March 31, 2026, EQT said total debt was $6.0 billion and net debt was $5.7 billion, down from $7.8 billion and $7.7 billion, respectively, as of December 31, 2025. The company had no borrowings outstanding under its $3.5 billion revolving credit facility and total liquidity was approximately $3.8 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.