EQT Corporation delivered a robust EBITDA and net income profile for QQ3 2025, supported by a high-margin production base and strong cash generation. Revenue for the quarter totaled $1.8228 billion, with gross profit of $659.0 million and an EBITDA of $1.3348 billion, yielding an EBITDA margin of approximately 73.2% and an operating margin of about 33.1%. Net income reached $335.9 million and diluted EPS was $0.53-$0.54 for the period. QoQ comparisons show a material sequential deceleration (-28.7% revenue) from Q2 2025, while year-over-year figures display a striking lift in top-line and earnings performance, though some of the YoY strength appears to reflect base effects and potential one-time items in prior periods. Free cash flow per share stood at $0.627, and operating cash flow per share was $1.63, underscoring meaningful cash generation even as the balance sheet shows liquidity headwinds.