How Cheniere Energy makes money

Period

FY2025

How does Cheniere Energy make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Cheniere Energy Inc. · FY2025 · year ended 2025-12-31

Revenue$20.0BGross profit$20.0B · 100%Cost of revenue$0 · 0%Operating income$9.1B · 46%Operating expenses$10.9B · 54%SG&A$383M · 2%Other opex$10.5B · 52%Pre-tax income$6.8B · 34%Other expense$2.3B · 11%Net income$5.3B · 27%Income tax$1.5B · 7%Liquefied Natural Gas$19.4B · 97%Product & Service Other$405M · 2%Regasification Service$136M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.