One of the most important tasks associated with theoretical prediction of performance of explosives by thermochemical calculation is accurate description of the equation of state (EOS) of detonation products. Widely used empirical equations of state, such is Becker‐Kistiakowsky‐Wilson (BKW EOS), have limited accuracy when it comes to energetic materials with unusual elemental composition. Replacing empirical EOS with more sophisticated and theoretically based EOS, the accuracy of thermochemical calculations can be increase. We present an equation of state of detonation products based on the Buckingham α‐exponential‐6 equation (Exp‐6) and an analytical representation of the excess thermodynamic functions for classical fluid mixture. The excess Helmholtz free energy, as a function of reduced density, temperature, and stiffness parameter, is calculated applying KLRR perturbation statistical mechanical theory, and so obtained data are approximated by multinomial coefficients. The interpolation domain is defined so to describe accurately the range of pressures, densities, and temperatures relevant for detonation studies. The equation is incorporated in EXPLO5 thermochemical code. Good agreement with Monte‐Carlo calculations is obtained, as well as between calculated and experimental detonation parameters for a series of explosives.