Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Operations

v3.25.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Revenues $ 5,444 $ 4,253
Operating costs and expenses    
Cost of sales (excluding operating and maintenance expense and depreciation, amortization and accretion expense shown separately below) 3,571 2,236
Operating and maintenance expense 473 451
Selling, general and administrative expense 116 101
Depreciation, amortization and accretion expense 312 302
Other operating costs and expenses 11 9
Total operating costs and expenses 4,483 3,099
Income from operations 961 1,154
Other income (expense)    
Interest Expense, Nonoperating (229) (266)
Interest and dividend income 37 61
Other income (expense), net 20 (1)
Total other expense (172) (206)
Income before income taxes and non-controlling interests 789 948
Less: income tax provision 121 109
Net income 668 839
Less: net income attributable to non-controlling interests 315 337
Net income attributable to Cheniere $ 353 $ 502
Net income per share attributable to common stockholders—basic (1) [1] $ 1.57 $ 2.14 [2]
Net income per share attributable to common stockholders—diluted (1) [1] $ 1.57 $ 2.13 [2]
Weighted average number of common shares outstanding—basic 223.5 234.2
Weighted average number of common shares outstanding—diluted 224.1 235.0
LNG [Member]    
Revenues    
Revenues $ 5,305 $ 4,037
Regasification [Member]    
Revenues    
Revenues 34 34
Other [Member]    
Revenues    
Revenues $ 105 $ 182
[1] In computing basic and diluted net income per share attributable to common stockholders, net income attributable to Cheniere is adjusted for the remeasurement of the redeemable non-controlling interest, net of tax, to its redemption value, as required under the two-class method. See Note 13—Net Income per Share Attributable to Common Stockholders for the full computation.
[2] Earnings per share in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.