ENERGY TRANSFER LP (ET) FY2026 Q1 P&L / Income Statement
2026-01-01 to 2026-03-31
Revenue by Product and Service
2026-01-01 to 2026-03-31
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ENERGY TRANSFER LP (ET) FY2026 Q1 P&L / Income Statement
Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 27,771,000,000 US dollars
- Cost of products sold
- 21,149,000,000 US dollars
- Gross profit (calculated)
- 6,622,000,000 US dollars
- Total operating expenses (calculated)
- 3,639,000,000 US dollars
- OPERATING INCOME
- 2,983,000,000 US dollars
- Other income (expense), net (calculated)
- negative 872,000,000 US dollars
- INCOME BEFORE INCOME TAX EXPENSE
- 2,111,000,000 US dollars
- Income tax expense
- 135,000,000 US dollars
- Net income
- 1,976,000,000 US dollars
- Refined product sales
- 10,272,000,000 US dollars
- Crude sales
- 6,994,000,000 US dollars
- NGL sales
- 5,128,000,000 US dollars
- Gathering, transportation and other fees
- 3,261,000,000 US dollars
- Natural gas sales
- 1,478,000,000 US dollars
- Other
- 638,000,000 US dollars
- Depreciation, depletion and amortization
- 1,583,000,000 US dollars
- Impairment loss
- 0 US dollars
- Selling, general and administrative
- 361,000,000 US dollars
- Operating expenses
- 1,695,000,000 US dollars
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to ENERGY TRANSFER LP: $1.25 B; to noncontrolling interests: $722.00 M.

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Gross margin
23.8%
Gross profit / revenue
Operating margin
10.7%
Operating profit / revenue
Cash conversion
171.0%
Operating cash / net income, same period
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