# EXPAND ENERGY CORPORATION (EXE) · Edgar & Edgarette company card

> Expand Energy (EXE) grew revenue 186% in FY2025 to $12.1 billion, operating margin 20.4% against a 16.8% median for crude petroleum & natural gas, equity 65.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 895126 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/EXE) · [JSON](https://www.pops4.com/boards/company/EXE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $12.1B |
| Revenue growth, 1 year | 186.3% |
| Revenue growth per year | 18.3% |
| Operating margin | 20.4% (prior year -19.0%) |
| Net margin | 15.0% |
| Operating cash flow | $4.6B |
| Capital spending | $2.7B |
| Free cash flow | $1.8B |
| Cash | $616M |
| Long-term debt | $5.0B |
| Total assets | $28.3B |
| Total equity | $18.6B |
| Equity ÷ assets | 65.7% |
| Return on equity | 9.8% |
| Dividend per share | $0 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 3.16 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: Weathered boat · two warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; revenue is hard to predict: its 80% range is ±66%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $12.1B (FY2025), total debt $5.0B. Experience: revenue up 186.3% on the year, up 18.3% a year over 5 years; operating margin 20.4%, up from -19.0%. Soundness: equity 65.7% of assets, return on equity 9.8%, payout 42.1% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $9.9B and $48.9B next year (method v4.1: its own 3-year record of growth weighed at 40% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.9B to $92.8B. A statistical range, not company guidance. Against peers (45 filers, $50M+ revenue, crude petroleum & natural gas): operating margin 20.4% against a 16.8% median; growth 186.3% against 7.8%.

Range logged 2026-09-25, receipt 969384158d44b2fb, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 7, latest 2026-10-19 ([filing](https://www.sec.gov/Archives/edgar/data/895126/000110465926116739/0001104659-26-116739-index.htm))

## Recent filings

- 10-Q · filed 2026-10-27 · [filing](https://www.sec.gov/Archives/edgar/data/895126/000089512626000068/0000895126-26-000068-index.htm)
- 8-K · filed 2026-10-27 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/895126/000089512626000067/0000895126-26-000067-index.htm)
- 8-K · filed 2026-10-19 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/895126/000110465926116739/0001104659-26-116739-index.htm)
- 8-K · filed 2026-10-13 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/895126/000089512626000057/0000895126-26-000057-index.htm)
- 8-K · filed 2026-10-06 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/895126/000110465926114046/0001104659-26-114046-index.htm)
- 8-K · filed 2026-09-17 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/895126/000110465926108570/0001104659-26-108570-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000895126.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=895126

## Cite

POPS4, Edgar & Edgarette: EXPAND ENERGY CORPORATION (EXE) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/EXE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.