Quarterly ResultMay 7, 2026, 07:37 AM
Cheniere Q1 Revenue $5.87B, Net Loss ($3.5B); Raises 2026 Guidance
AI Summary
Cheniere Energy reported first-quarter 2026 revenues of $5.87 billion and a net loss of $3.50 billion, primarily due to non-cash derivative fair value changes. Consolidated Adjusted EBITDA increased 25% to $2.33 billion. The company raised its full-year 2026 financial guidance, with Consolidated Adjusted EBITDA now projected between $7.25 billion and $7.75 billion. Operational highlights include a record 187 LNG cargoes exported and the substantial completion of CCL Stage 3 Train 5. Cheniere also deployed $1.2 billion towards capital allocation, including $537 million in share repurchases.
Key Highlights
- Raised full-year 2026 Consolidated Adjusted EBITDA guidance to $7.25B-$7.75B.
- Raised full-year 2026 Distributable Cash Flow guidance to $4.75B-$5.25B.
- Q1 2026 revenues reached $5.87 billion, an 8% increase from Q1 2025.
- Reported a Q1 2026 net loss of $3.50 billion, compared to $353 million net income in Q1 2025.
- Q1 2026 Consolidated Adjusted EBITDA increased 25% to $2.33 billion.
- Exported a record 187 LNG cargoes in Q1 2026, up 11% year-over-year.
- Repurchased approximately 2.7 million shares for $537 million in Q1 2026.
- Achieved substantial completion of CCL Stage 3 Train 5 in March 2026.