Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Operations

v3.25.2
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Revenues $ 4,641 $ 3,251 $ 10,085 $ 7,504
Operating costs and expenses        
Cost of sales (excluding operating and maintenance expense and depreciation, amortization and accretion expense shown separately below) 1,117 784 4,688 3,020
Operating and maintenance expense 559 463 1,032 914
Selling, general and administrative expense 99 99 215 200
Depreciation, amortization and accretion expense 329 304 641 606
Other operating costs and expenses 7 13 18 22
Total operating costs and expenses 2,111 1,663 6,594 4,762
Income from operations 2,530 1,588 3,491 2,742
Other income (expense)        
Interest Expense, Nonoperating (237) (257) (466) (523)
Loss on modification or extinguishment of debt 0 (9) 0 (9)
Interest and dividend income 31 47 68 108
Other income (expense), net (1) 3 19 2
Total other expense (207) (216) (379) (422)
Income before income taxes and non-controlling interests 2,323 1,372 3,112 2,320
Less: income tax provision 426 210 547 319
Net income 1,897 1,162 2,565 2,001
Less: net income attributable to non-controlling interests 271 282 586 619
Net income attributable to Cheniere $ 1,626 $ 880 $ 1,979 $ 1,382
Net income per share attributable to common stockholders—basic (1) [1] $ 7.32 $ 3.85 [2] $ 8.87 $ 5.97 [2]
Net income per share attributable to common stockholders—diluted (1) [1] $ 7.30 $ 3.84 [2] $ 8.85 $ 5.96 [2]
Weighted average number of common shares outstanding—basic 221.8 228.4 222.6 231.3
Weighted average number of common shares outstanding—diluted 222.3 228.9 223.2 231.9
LNG [Member]        
Revenues        
Revenues $ 4,515 $ 3,042 $ 9,820 $ 7,079
Regasification [Member]        
Revenues        
Revenues 34 34 68 68
Other [Member]        
Revenues        
Revenues $ 92 $ 175 $ 197 $ 357
[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 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.