ENERGY TRANSFER LP (ET) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Business Segment
2026-04-01 to 2026-06-30
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ENERGY TRANSFER LP (ET) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 34,334,000,000 US dollars
- Cost of products sold
- 26,936,000,000 US dollars
- Gross profit (calculated)
- 7,398,000,000 US dollars
- Total operating expenses (calculated)
- 3,824,000,000 US dollars
- OPERATING INCOME
- 3,574,000,000 US dollars
- Other income (expense), net (calculated)
- negative 850,000,000 US dollars
- INCOME BEFORE INCOME TAX EXPENSE
- 2,724,000,000 US dollars
- Income tax expense
- 194,000,000 US dollars
- Net income
- 2,530,000,000 US dollars
- Intrastate transportation and storage
- 596,000,000 US dollars
- Interstate transportation and storage
- 609,000,000 US dollars
- Midstream
- 2,821,000,000 US dollars
- NGL and refined products transportation and services
- 7,719,000,000 US dollars
- Crude oil transportation and services
- 11,051,000,000 US dollars
- Investment in Sunoco LP
- 14,259,000,000 US dollars
- Investment In USAC
- 342,000,000 US dollars
- Investment in USAC
- 565,000,000 US dollars
- Depreciation, depletion and amortization
- 1,575,000,000 US dollars
- Impairment losses
- 0 US dollars
- Selling, general and administrative
- 421,000,000 US dollars
- Operating expenses
- 1,828,000,000 US dollars
- Revenue before reconciliation (calculated)
- 37,962,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Eliminations
- negative 3,628,000,000 US dollars. Reported reconciliation to consolidated revenue.
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- 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: $2.09 B; to noncontrolling interests: $442.00 M.

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Gross margin
21.5%
Gross profit / revenue
Operating margin
10.4%
Operating profit / revenue
Cash conversion
168.8%
Operating cash / net income, same period
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