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Cheniere Energy (LNG) operating margin by quarter

Cheniere Energy's operating margin was 31.0% in Q3 2026 (third quarter 2026), -43.8 pts from Q2 2026. Over the last 6 quarters it ranged from 17.7% (Q1 2025) to 74.8% (Q2 2026).

Cheniere Energy operating margin by quarterCheniere Energy operating margin by quarter17.7%Q1 202554.5%Q2 202540.9%Q3 202569.8%Q4 202574.8%Q2 202631.0%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202631.0%-43.8 pts-9.9 pts
Q2 202674.8%+5.0 pts+20.3 pts
Q4 202569.8%+28.9 pts—
Q3 202540.9%-13.6 pts—
Q2 202554.5%+36.9 pts—
Q1 202517.7%——

Q3 2026 at a glance

Cheniere Energy, Q3 2026: revenue $6.2B (+39% year over year), operating margin 31.0%, net earnings $1.2B, operating cash flow $2.5B. The chart follows the revenue to costs, profit and cash.

Questions

What is Cheniere Energy's operating margin?

Cheniere Energy's operating margin was 31.0% in Q3 2026 (third quarter 2026), -43.8 pts from Q2 2026.

How has Cheniere Energy's operating margin changed?

Over the last 6 quarters it ranged from 17.7% (Q1 2025) to 74.8% (Q2 2026).

Q3 2026 results → · How Cheniere Energy makes money →