Cheniere Energy (LNG) Operating Expenses (2010 - 2026)

Cheniere Energy (LNG) reported Operating Expenses of $9.4 billion for Q1 2026, up 1878.01% on a YoY basis from $473.0 million in Q1 2025, and up 229.01% sequentially from -$7.3 billion in Q4 2025.

Cheniere Energy (LNG) Operating Expenses (2010 - 2026) Analysis & Trends

Cheniere Energy (LNG) has 17 years of Operating Expenses data on file, last reported at $9.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 1878.01% year-over-year to $9.4 billion; the trailing twelve-month figure through Mar 2026 stood at $3.1 billion (down 45.9% YoY), and the FY2025 full-year result was $2.0 billion, down 79.47% from the prior year.
  • Operating Expenses advanced to $9.4 billion in Q1 2026, from -$7.3 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 -$7.3 billion in Q4 2025.
  • A 5-year average of $2.4 billion and a median of $487.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 2414.6% in 2022 and sank 368.89% in 2025, its largest moves.
  • Tracing LNG's Operating Expenses over 5 years: stood at $2.4 billion in 2022, then plunged by 80.67% to $459.0 million in 2023, then soared by 487.58% to $2.7 billion in 2024, then slumped by 368.89% to -$7.3 billion in 2025, then surged by 229.01% to $9.4 billion in 2026.
  • Business Quant data shows LNG's Operating Expenses at $9.4 billion in Q1 2026, -$7.3 billion in Q4 2025, and $447.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Cheniere Energy 57.25 Bn 55.92 Bn 5.86 Bn 9.36 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.36 Bn
Dec 31, 2025 -7.25 Bn
Sep 30, 2025 447.00 Mn
Jun 30, 2025 559.00 Mn
Mar 31, 2025 473.00 Mn
Dec 31, 2024 2.70 Bn
Sep 30, 2024 2.12 Bn
Jun 30, 2024 463.00 Mn
Mar 31, 2024 451.00 Mn
Dec 31, 2023 459.00 Mn
Sep 30, 2023 445.00 Mn
Jun 30, 2023 487.00 Mn
Mar 31, 2023 444.00 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 387.00 Mn
Sep 30, 2021 5.55 Bn
Jun 30, 2021 385.00 Mn