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Net Income (Loss) Per Share Attributable to Common Stockholders
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share Attributable to Common Stockholders NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
We utilize the two-class method for computing earnings per share, which requires an allocation of earnings as if all earnings were distributed during the period to the common stockholders and participating securities. The redeemable NCI that was held by a third party in one of our consolidated VIEs was considered participating because, under certain circumstances, it was redeemable for cash at a return. Therefore, the accretion of the redeemable NCI to its redemption value, net of tax, which was recognized as a deemed dividend within retained earnings, was deducted from net income in computing net income per share attributable to common stockholders. As described in Note 6—Non-Controlling Interests and Variable Interest Entities, in January 2026, we redeemed the remaining redeemable NCI in this VIE.
The following table provides a reconciliation of net income attributable to common stockholders and basic and diluted weighted average common shares outstanding (in millions, except per share data):
Three Months Ended March 31,
20262025
Net income (loss) attributable to Cheniere
$(3,502)$353 
Less: accretion of redeemable NCI, net of tax
Net income (loss) attributable to common stockholders
$(3,504)$351 
Weighted average common shares outstanding:
Basic210.5 223.5 
Dilutive unvested stock (1)— 0.6 
Diluted210.5 224.1 
Net income (loss) per share attributable to common stockholders—basic and diluted
$(16.65)$1.57 
(1)Potentially dilutive securities that were not included in the diluted net loss per share computation for the three months ended March 31, 2026 were 0.5 million shares of unvested stock, because their effects would have been anti-dilutive.

On April 28, 2026, we declared a quarterly dividend of $0.555 per share of common stock that is payable on May 19, 2026 to stockholders of record as of the close of business on May 11, 2026.