Quarterly ResultMay 7, 2026, 06:08 AM
Cheniere Energy Q1 Net Loss $(3.50)B; EPS $(16.65)
AI Summary
Cheniere Energy reported a net loss of $(3.50) billion for Q1 2026, or $(16.65) per diluted share, a significant decrease from a net income of $353 million and $1.57 EPS in Q1 2025. This substantial loss was primarily driven by $5.46 billion in net losses on derivative instruments. Despite the loss, total revenues increased to $5.87 billion from $5.44 billion year-over-year. The company also completed the redemption of the remaining redeemable non-controlling interest in the Gregory Power Plant.
Key Highlights
- Net loss attributable to Cheniere was $(3.50) billion in Q1 2026, vs. $353 million net income in Q1 2025.
- Diluted EPS was $(16.65) in Q1 2026, compared to $1.57 in Q1 2025.
- Total revenues increased to $5.87 billion in Q1 2026 from $5.44 billion in Q1 2025.
- Net losses on derivative instruments totaled $5.46 billion in Q1 2026.
- Net cash provided by operating activities was $1.08 billion in Q1 2026.
- Repurchased common stock for $537 million in Q1 2026.
- Redeemed remaining redeemable NCI in Gregory Power Plant in January 2026.