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

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

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.