# ENERGY TRANSFER LP (ET) FY2026 Q1 P&L / Income Statement

- Company: ENERGY TRANSFER LP (ET)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-05-07, accession number 0001276187-26-000026
- Page: https://plicit.ai/financials/et/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/et-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/et/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/et-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. 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
- **Intrastate transportation and storage**: 1,156,000,000 US dollars
- **Interstate transportation and storage**: 634,000,000 US dollars
- **Midstream**: 3,044,000,000 US dollars
- **NGL and refined products transportation and services**: 6,673,000,000 US dollars
- **Crude oil transportation and services**: 7,758,000,000 US dollars
- **Investment in Sunoco LP**: 10,690,000,000 US dollars
- **Investment In USAC**: 331,000,000 US dollars
- **Investment in USAC**: 1,054,000,000 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
- **Revenue before reconciliation (calculated)**: 31,340,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Eliminations**: negative 3,569,000,000 US dollars. Reported reconciliation to consolidated revenue.

### 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.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to ENERGY TRANSFER LP: $1.25 B; to noncontrolling interests: $722.00 M.