Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Operations

v3.25.3
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Revenues $ 4,441 $ 3,763 $ 14,526 $ 11,267
Operating costs and expenses        
Cost of sales (excluding operating and maintenance expense and depreciation, amortization and accretion expense shown separately below) 1,750 1,255 6,438 4,275
Operating and maintenance expense 447 450 1,479 1,364
Selling, general and administrative expense 81 99 296 299
Depreciation, amortization and accretion expense 338 306 979 912
Other operating costs and expenses 8 6 26 28
Total operating costs and expenses 2,624 2,116 9,218 6,878
Income from operations 1,817 1,647 5,308 4,389
Other income (expense)        
Interest expense, net of capitalized interest (236) (247) (702) (770)
Loss on modification or extinguishment of debt (7) 0 (7) (9)
Interest and dividend income 23 41 91 149
Other income (expense), net 2 (3) 21 (1)
Total other expense (218) (209) (597) (631)
Income before income taxes and NCI 1,599 1,438 4,711 3,758
Less: income tax provision 303 231 850 550
Net income 1,296 1,207 3,861 3,208
Less: net income attributable to NCI 247 314 833 933
Net income attributable to Cheniere $ 1,049 $ 893 $ 3,028 $ 2,275
Net income per share attributable to common stockholders—basic (1) [1] $ 4.76 $ 3.95 [2] $ 13.63 $ 9.91 [2]
Net income per share attributable to common stockholders—diluted (1) [1] $ 4.75 $ 3.93 [2] $ 13.59 $ 9.88 [2]
Weighted average number of common shares outstanding—basic 219.3 226.3 221.5 229.6
Weighted average number of common shares outstanding—diluted 219.9 227.0 222.1 230.3
LNG [Member]        
Revenues        
Revenues $ 4,302 $ 3,554 $ 14,122 $ 10,633
Regasification [Member]        
Revenues        
Revenues 34 34 102 102
Other [Member]        
Revenues        
Revenues $ 105 $ 175 $ 302 $ 532
[1] 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.
[2] 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 NCI, 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.