Nonequilibrium equations of state can provide an effective thermodynamic-like description of far-from-equilibrium systems. We experimentally construct such an equation for a direct energy cascade in a turbulent two-dimensional Bose gas. Our homogeneous gas is continuously driven on a large length scale and, with matching dissipation on a small length scale, exhibits a nonthermal but stationary power-law momentum distribution. Our equation of state links the cascade amplitude with the underlying scale-invariant energy flux, and can, for different drive strengths, gas densities, and interaction strengths, be recast into a universal power-law form using scalings consistent with the Gross–Pitaevskii model.