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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Revenues $ 5,868 $ 5,444
Operating costs and expenses    
Cost of sales (excluding operating and maintenance expense and depreciation, amortization and accretion expense shown separately below) 8,318 3,571
Operating and maintenance expense 525 473
Selling, general and administrative expense 136 116
Depreciation, amortization and accretion expense 373 312
Other operating costs and expenses 4 11
Total operating costs and expenses 9,356 4,483
Income (loss) from operations (3,488) 961
Other income (expense)    
Interest expense, net of capitalized interest (255) (229)
Loss on modification or extinguishment of debt (23) 0
Interest and dividend income 16 37
Other income (expense), net (3) 20
Total other expense (265) (172)
Income (loss) before income taxes and NCI (3,753) 789
Less: income tax provision (benefit) (341) 121
Net income (loss) (3,412) 668
Less: net income attributable to NCI 90 315
Net income (loss) attributable to Cheniere $ (3,502) $ 353
Net income (loss) per share attributable to common stockholders—basic $ (16.65) $ 1.57 [1]
Net income (loss) per share attributable to common stockholders—diluted $ (16.65) $ 1.57 [1]
Weighted average number of common shares outstanding—basic 210.5 223.5
Weighted average number of common shares outstanding—diluted 210.5 224.1
LNG [Member]    
Revenues    
Revenues $ 5,722 $ 5,305
Regasification [Member]    
Revenues    
Revenues 34 34
Other [Member]    
Revenues    
Revenues $ 112 $ 105
[1] In January 2026, we redeemed the remaining redeemable NCI in our consolidated variable interest entity (“VIE”) that owns the Gregory Power Plant, as described in Note 6—Non-Controlling Interests and Variable Interest Entities. Prior to the redemption, in computing basic and diluted net income per share attributable to common stockholders, net income attributable to Cheniere was 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.