Expand Energy
At a glance
Expand Energy reported 2025 revenue of $12.12B, up 186.3% from $4.24B in 2024. Over 4 years since 2021 ($5.55B), that is growth of about 21.6% a year. Operating margin was 20.4%, up from 16.9% in 2021. 2025 was the highest revenue year in this period. The company posted a loss in 2024.
In the last 12 months 3 insiders reported 6 open-market purchases ($877K) and 0 sales. The largest was a purchase of $215K by Interim President and CEO Michael Wichterich on Mar 9, 2026.
Expand Energy filed 17 current reports (Form 8-K) in the last 12 months, most often for officer or director change (7), results of operations (4), material agreement (3) and new financial obligation (2). The latest officer or director change was reported on Oct 19, 2026. It reported a material agreement or a completed acquisition or disposal 3 times.
3 of the 20 investors tracked here held Expand Energy at the last quarter end, worth $65.2M combined. It is the largest weight for Bridgewater Associates (0.2% of its portfolio), followed by National Pension Service (Korea) (0%). New this quarter: Bridgewater Associates. Reduced: National Pension Service (Korea) and Renaissance Technologies.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $6.33B | $4.94B | $2.42B | -$714M | $1.82B |
| Diluted EPS | $8.12 | $33.36 | $16.92 | $-4.55 | $7.57 |
Fiscal year ends Dec 31 · incorporated in OK
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined