ENERGY TRANSFER LP (ET) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Business Segment
2026-01-01 to 2026-06-30
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ENERGY TRANSFER LP (ET) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 62,105,000,000 US dollars
- Cost of products sold
- 48,085,000,000 US dollars
- Gross profit (calculated)
- 14,020,000,000 US dollars
- Total operating expenses (calculated)
- 7,463,000,000 US dollars
- OPERATING INCOME
- 6,557,000,000 US dollars
- Other income (expense), net (calculated)
- negative 1,722,000,000 US dollars
- INCOME BEFORE INCOME TAX EXPENSE
- 4,835,000,000 US dollars
- Income tax expense
- 329,000,000 US dollars
- Net income
- 4,506,000,000 US dollars
- Intrastate transportation and storage
- 1,752,000,000 US dollars
- Interstate transportation and storage
- 1,243,000,000 US dollars
- Midstream
- 5,865,000,000 US dollars
- NGL and refined products transportation and services
- 14,392,000,000 US dollars
- Crude oil transportation and services
- 18,809,000,000 US dollars
- Investment in Sunoco LP
- 24,949,000,000 US dollars
- Investment In USAC
- 673,000,000 US dollars
- Investment in USAC
- 1,619,000,000 US dollars
- Depreciation, depletion and amortization
- 3,158,000,000 US dollars
- Impairment losses
- 0 US dollars
- Selling, general and administrative
- 782,000,000 US dollars
- Operating expenses
- 3,523,000,000 US dollars
- Revenue before reconciliation (calculated)
- 69,302,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Eliminations
- negative 7,197,000,000 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: $3.34 B; to noncontrolling interests: $1.16 B.

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Gross margin
22.6%
Gross profit / revenue
Operating margin
10.6%
Operating profit / revenue
Cash conversion
169.8%
Operating cash / net income, same period
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