Cheniere Energy (LNG) Operating Expenses (2010 - 2026)
Cheniere Energy's (LNG) quarterly Operating Expenses came in at $1.4 billion in Q2 2026, down 31.69% year-over-year from $2.1 billion in Q2 2025, and down 84.59% quarter-over-quarter from $9.4 billion in Q1 2026.
Analysis
Cheniere Energy (LNG) Operating Expenses (2010 - 2026) Analysis & Trends
Cheniere Energy has disclosed Operating Expenses across 17 years of filings, most recently posting $1.4 billion for Q2 2026.
- In Q2 2026, Operating Expenses fell 31.69% year-over-year to $1.4 billion; the TTM figure through Jun 2026 stood at $15.1 billion (up 32.09% YoY), while the FY2025 annual figure was $10.9 billion, up 13.46% from the prior year.
- Operating Expenses came in at $1.4 billion for Q2 2026 at Cheniere Energy, down from $9.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $11.9 billion in Q3 2022 to a low of -$681.0 million in Q1 2023.
- Average Operating Expenses over 5 years is $3.6 billion, with a median of $2.4 billion recorded in 2022.
- Year-over-year, Operating Expenses sank 108.41% in 2023 and soared 555.07% in 2024.
- Over 5 years, Operating Expenses stood at $2.4 billion in 2022, then advanced by 0.59% to $2.4 billion in 2023, then rose by 12.94% to $2.7 billion in 2024, then tumbled by 38.97% to $1.6 billion in 2025, then dropped by 12.39% to $1.4 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.4 billion in Q2 2026, $9.4 billion in Q1 2026, and $1.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 1.44 Bn |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 2.39 Bn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 1.24 Bn |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | -67.54 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | 248.37 Mn |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | 54.57 Mn |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 16.70 Mn |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | 461.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.44 Bn |
| Mar 31, 2026 | 9.36 Bn |
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 2.62 Bn |
| Jun 30, 2025 | 2.11 Bn |
| Mar 31, 2025 | 4.48 Bn |
| Dec 31, 2024 | 2.70 Bn |
| Sep 30, 2024 | 2.12 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 3.10 Bn |
| Dec 31, 2023 | 2.39 Bn |
| Sep 30, 2023 | 1.40 Bn |
| Jun 30, 2023 | 1.79 Bn |
| Mar 31, 2023 | -681.00 Mn |
| Dec 31, 2022 | 2.37 Bn |
| Sep 30, 2022 | 11.87 Bn |
| Jun 30, 2022 | 6.53 Bn |
| Mar 31, 2022 | 8.10 Bn |
| Dec 31, 2021 | 6.12 Bn |
| Sep 30, 2021 | 5.55 Bn |