# National Fuel Gas (NFG) — Earnings

NFG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nfg/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q3 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $1.54 |
| EPS estimate | $1.44 |
| EPS surprise | +7.13% |
| Revenue surprise | −4.75% |
| Revenue | $537.5M |
| Revenue estimate | $564.3M |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/70145/000007014526000033/nfg-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/2dfe6636-0b66-6e44-e110-15f32bef7016.html) |

National Fuel Gas reported fiscal Q3 2026 results on July 30, 2026. Earnings per share were $1.54, ahead of the $1.44 estimate by 7.13%. Revenue of $537.5 million fell short of the $564.3 million consensus by 4.75%. Against fiscal Q3 2025, EPS was down about 6% from $1.64, while revenue rose about 1% from $531.8 million.

Annual EPS eased from $5.89 in fiscal 2022 to $5.17 in 2023 and $5.01 in 2024, then rose about 38% to $6.91 in fiscal 2025. The first three quarters of fiscal 2026 add up to $6.31, about 11% more than the $5.69 earned in the same period a year earlier. Fiscal Q2 2026 set the highs in the table, at $2.71 per share and $858.4 million in revenue. Fiscal Q4 has been the smallest quarter for EPS in every complete fiscal year shown, and the low in the table was $0.77 in Q4 2024. Over the last 20 quarters, National Fuel Gas beat the EPS estimate 15 times.

The company reported fiscal Q4 between November 2 and November 7 in each of the past five years. That points to early November 2026 for the next report, which will complete the fiscal 2026 total.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q3 2026 | Jul 30, 2026 | $1.44 | $1.54 | 7.13% | $564.3M | $537.5M |
| Q2 2026 | Apr 30, 2026 | $2.84 | $2.71 | -4.44% | $856.6M | $858.4M |
| Q1 2026 | Jan 28, 2026 | $1.94 | $2.06 | 6.36% | $653.8M | $651.5M |
| Q4 2025 | Nov 6, 2025 | $1.11 | $1.22 | 9.55% | $513.5M | $456.4M |
| Q3 2025 | Jul 31, 2025 | $1.52 | $1.64 | 7.87% | $596.1M | $531.8M |
| Q2 2025 | May 1, 2025 | $2.21 | $2.39 | 8.12% | $774.6M | $730.0M |
| Q1 2025 | Jan 30, 2025 | $1.53 | $1.66 | 8.66% | $617.1M | $549.5M |
| Q4 2024 | Nov 7, 2024 | $0.82 | $0.77 | -6.58% | $524.7M | $372.1M |
| Q3 2024 | Jul 31, 2024 | $0.96 | $0.99 | 3.32% | $540.6M | $417.4M |
| Q2 2024 | May 2, 2024 | $1.51 | $1.79 | 18.48% | $767.3M | $629.9M |
| Q1 2024 | Feb 8, 2024 | $1.33 | $1.46 | 9.72% | $664.6M | $525.4M |
| Q4 2023 | Nov 2, 2023 | $0.84 | $0.78 | -7.37% | $475.1M | $368.9M |
| Q3 2023 | Aug 3, 2023 | $0.91 | $1.01 | 11.44% | $510.6M | $428.7M |
| Q2 2023 | May 4, 2023 | $1.56 | $1.54 | -1.29% | $697.1M | $717.3M |
| Q1 2023 | Feb 2, 2023 | $1.70 | $1.84 | 8.55% | $594.4M | $658.9M |
| Q4 2022 | Nov 4, 2022 | $1.25 | $1.19 | -4.61% | $471.1M | $435.1M |
| Q3 2022 | Aug 4, 2022 | $1.46 | $1.54 | 5.34% | $541.3M | $502.6M |
| Q2 2022 | May 6, 2022 | $1.66 | $1.68 | 1.17% | $652.3M | $701.7M |
| Q1 2022 | Feb 4, 2022 | $1.32 | $1.48 | 11.72% | $543.5M | $546.6M |
| Q4 2021 | Nov 5, 2021 | $0.75 | $0.95 | 25.93% | $425.6M | $356.0M |

## Frequently Asked Questions

### When did National Fuel Gas (NFG) last report earnings?

National Fuel Gas last reported on Jul 30, 2026, covering fiscal Q3 2026.

### Did NFG beat earnings estimates?

Yes. National Fuel Gas reported EPS of $1.54 for Q3 2026 against a $1.44 estimate — a 7.13% beat.

### How much revenue did NFG report last quarter?

National Fuel Gas reported $537.5M in revenue for Q3 2026, against a consensus estimate of $564.3M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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