Cheniere Energy Partners (CQP) Cost of Revenue (2015 - 2026)
Cheniere Energy Partners (CQP) recorded Cost of Revenue of $765 million in Q2 2026, down 36.0% from $1.2 billion a year earlier and down 72.3% from the prior quarter.
Cheniere Energy Partners (CQP) Cost of Revenue (2015 - 2026) Analysis & Trends
On a TTM basis, Cheniere Energy Partners' Cost of Revenue came in at $5.77 billion as of Jun 30, 2026, up 19.2% year-over-year; for FY2025, it came in at $5.15 billion, up 44.0% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 15.5% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $3.57 billion in FY2024 (+30.3%), $2.74 billion in FY2023 (-77.3%), $12.1 billion in FY2022 (+124.4%) and $5.39 billion in FY2021 (+115.2%).
- The Q2 2026 figure is the lowest quarterly Cost of Revenue since Q2 2024.
- On a year-over-year basis, Cost of Revenue rose in six of the last eight quarters, with growth averaging 31.0%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 260.9% in Q3 2022, against a decline of 87.1% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.76 billion (Q1 2026), $968 million (Q4 2025) and $1.28 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 16.35 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 515.00 Mn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.41 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 52.77 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 2.30 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 405.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Cheniere Energy Partners | 29.63 Bn | 28.60 Bn | 1.82 Bn | 765.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 765.00 Mn |
| Mar 31, 2026 | 2.76 Bn |
| Dec 31, 2025 | 968.00 Mn |
| Sep 30, 2025 | 1.28 Bn |
| Jun 30, 2025 | 1.20 Bn |
| Mar 31, 2025 | 1.70 Bn |
| Dec 31, 2024 | 1.17 Bn |
| Sep 30, 2024 | 773.00 Mn |
| Jun 30, 2024 | 661.00 Mn |
| Mar 31, 2024 | 968.00 Mn |
| Dec 31, 2023 | 1.13 Bn |
| Sep 30, 2023 | 684.00 Mn |
| Jun 30, 2023 | 604.00 Mn |
| Mar 31, 2023 | 330.00 Mn |
| Dec 31, 2022 | 1.49 Bn |
| Sep 30, 2022 | 4.84 Bn |
| Jun 30, 2022 | 3.20 Bn |
| Mar 31, 2022 | 2.56 Bn |
| Dec 31, 2021 | 2.21 Bn |
| Sep 30, 2021 | 1.34 Bn |
Cheniere Energy Partners Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CQP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "CQP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=CQP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();