CHENIERE ENERGY, INC. (LNG) FY2026 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-03-31

Swipe to see the full flow
CHENIERE ENERGY, INC. cash flow reconciliation, Jan 1, 2026 through Mar 31, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Total losses on derivative instruments, net → operating reconciliation: $5,457,000,000.00Depreciation, amortization and accretion expense → operating reconciliation: $373,000,000.00Trade and other receivables → operating reconciliation: $179,000,000.00Reduction of right-of-use assets → operating reconciliation: $145,000,000.00Share-based compensation expense → operating reconciliation: $78,000,000.00Other non-current assets → operating reconciliation: $65,000,000.00Other, net → operating reconciliation: $31,000,000.00Amortization of discount and debt issuance costs → operating reconciliation: $10,000,000.00operating reconciliation → Net cash from operating activities: $1,080,000,000.00operating reconciliation → Net income: $3,412,000,000.00operating reconciliation → Net cash provided by (used for) settlement of derivative instruments: $509,000,000.00operating reconciliation → Deferred taxes: $385,000,000.00operating reconciliation → Other non-current liabilities: $216,000,000.00operating reconciliation → Margin deposits: $213,000,000.00operating reconciliation → Inventory: $156,000,000.00operating reconciliation → Total operating lease liabilities: $145,000,000.00operating reconciliation → Accounts payable and accrued liabilities: $131,000,000.00operating reconciliation → Other, net: $46,000,000.00operating reconciliation → Total deferred revenue: $45,000,000.00investing reconciliation → Property, plant and equipment, net of proceeds from commissioning sales of LNG of $42 million and $43 million, respectively: $736,000,000.00investing reconciliation → Other, net: $6,000,000.00Net cash used in financing activities → financing reconciliation: $149,000,000.00Proceeds from issuances of debt and borrowings → financing reconciliation: $2,543,000,000.00financing reconciliation → Redemptions and repayments of debt: $1,603,000,000.00financing reconciliation → Repurchase of common stock, inclusive of excise taxes paid: $537,000,000.00financing reconciliation → Distributions to NCI: $202,000,000.00financing reconciliation → Redemption of redeemable NCI: $136,000,000.00financing reconciliation → Dividends to stockholders: $117,000,000.00financing reconciliation → Other, net: $61,000,000.00financing reconciliation → Payments related to tax withholdings for share-based compensation: $36,000,000.00Net cash used in investing activities → investing reconciliation: $742,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,584,000,000.00Net cash from operating activities → Cash sources and uses: $1,080,000,000.00Cash sources and uses → Exchange-rate effect: $5,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,768,000,000.00Cash sources and uses → Net cash used in investing activities: $742,000,000.00Cash sources and uses → Net cash used in financing activities: $149,000,000.00Net income: -$3,412,000,000.00Net income−$3.41 BDepreciation, amortization and accretion expense: $373,000,000.00Depreciation & amortization+$373.00 MShare-based compensation expense: $78,000,000.00Stock-based compensation+$78.00 MAmortization of discount and debt issuance costs: $10,000,000.00Debt cost amortization+$10.00 MReduction of right-of-use assets: $145,000,000.00Reduction of right-of-use assets+$145.00 MTotal losses on derivative instruments, net: $5,457,000,000.00Derivative gain & loss+$5.46 BNet cash provided by (used for) settlement of derivative instruments: -$509,000,000.00Derivative settlements, net−$509.00 MDeferred taxes: -$385,000,000.00Deferred income taxes−$385.00 MOther, net: $31,000,000.00Other non-cash items+$31.00 MTrade and other receivables: $179,000,000.00Accounts & other receivables+$179.00 MInventory: -$156,000,000.00Inventories−$156.00 MMargin deposits: -$213,000,000.00Margin deposits−$213.00 MOther non-current liabilities: -$216,000,000.00Other noncurrent liabilities−$216.00 MOther non-current assets: $65,000,000.00Other noncurrent assets+$65.00 MAccounts payable and accrued liabilities: -$131,000,000.00Payables & accrued liabilities−$131.00 MTotal deferred revenue: -$45,000,000.00Unearned revenue−$45.00 MTotal operating lease liabilities: -$145,000,000.00Total lease liabilities−$145.00 MOther, net: -$46,000,000.00Other working capital, net−$46.00 MNet cash from operating activities: $1,080,000,000.00Operating cash+$1.08 Boperating reconciliation: $6,338,000,000.00Proceeds from issuances of debt and borrowings: $2,543,000,000.00Debt issued+$2.54 BRedemptions and repayments of debt: -$1,603,000,000.00Debt repaid−$1.60 BDistributions to NCI: -$202,000,000.00Paid to noncontrolling interests−$202.00 MContributions from redeemable NCI: $0.00Redemption of redeemable NCI: -$136,000,000.00Redeemable minority buybacks−$136.00 MPayments related to tax withholdings for share-based compensation: -$36,000,000.00Stock-award tax withholding−$36.00 MRepurchase of common stock, inclusive of excise taxes paid: -$537,000,000.00Common stock repurchases−$537.00 MDividends to stockholders: -$117,000,000.00Dividends paid−$117.00 MOther, net: -$61,000,000.00Other financing, net−$61.00 MNet cash used in financing activities: -$149,000,000.00. Cash required to fund net payments.Financing cash−$149.00 Mfinancing reconciliation: $2,692,000,000.00Property, plant and equipment, net of proceeds from commissioning sales of LNG of $42 million and $43 million, respectively: -$736,000,000.00PP&E purchases−$736.00 MProceeds from sale of equity method investment: $0.00Other, net: -$6,000,000.00Other investing, net−$6.00 MNet cash used in investing activities: -$742,000,000.00. Cash required to fund net payments.Investing cash−$742.00 Minvesting reconciliation: $742,000,000.00Cash sources and uses: $2,664,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,584,000,000.00Beginning cash$1.58 BEnding cash: Cash, cash equivalents, and restricted cash: $1,768,000,000.00Ending cash$1.77 BExchange-rate effect: -$5,000,000.00FX effect−$5.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$3.41B + net operating adjustments $4.49B = operating cash +$1.08BFree cash flow$344.00 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$184.00 MEnding cash − beginning cash
Chart details

CHENIERE ENERGY, INC. cash flow reconciliation, Jan 1, 2026 through Mar 31, 2026

Cash flows for Jan 1, 2026 through Mar 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Mar 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,584,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,080,000,000 US dollars. Net cash provided.
Net income
negative 3,412,000,000 US dollars
Depreciation, amortization and accretion expense
373,000,000 US dollars
Share-based compensation expense
78,000,000 US dollars
Amortization of discount and debt issuance costs
10,000,000 US dollars
Reduction of right-of-use assets
145,000,000 US dollars
Total losses on derivative instruments, net
5,457,000,000 US dollars
Net cash provided by (used for) settlement of derivative instruments
negative 509,000,000 US dollars
Deferred taxes
negative 385,000,000 US dollars
Other, net
31,000,000 US dollars
Trade and other receivables
179,000,000 US dollars
Inventory
negative 156,000,000 US dollars
Margin deposits
negative 213,000,000 US dollars
Other non-current liabilities
negative 216,000,000 US dollars
Other non-current assets
65,000,000 US dollars
Accounts payable and accrued liabilities
negative 131,000,000 US dollars
Total deferred revenue
negative 45,000,000 US dollars
Total operating lease liabilities
negative 145,000,000 US dollars
Other, net
negative 46,000,000 US dollars
Investing activities
negative 742,000,000 US dollars. Net cash used.
Property, plant and equipment, net of proceeds from commissioning sales of LNG of $42 million and $43 million, respectively
negative 736,000,000 US dollars
Proceeds from sale of equity method investment
0 US dollars
Other, net
negative 6,000,000 US dollars
Financing activities
negative 149,000,000 US dollars. Net cash used.
Proceeds from issuances of debt and borrowings
2,543,000,000 US dollars
Redemptions and repayments of debt
negative 1,603,000,000 US dollars
Distributions to NCI
negative 202,000,000 US dollars
Contributions from redeemable NCI
0 US dollars
Redemption of redeemable NCI
negative 136,000,000 US dollars
Payments related to tax withholdings for share-based compensation
negative 36,000,000 US dollars
Repurchase of common stock, inclusive of excise taxes paid
negative 537,000,000 US dollars
Dividends to stockholders
negative 117,000,000 US dollars
Other, net
negative 61,000,000 US dollars
Operating adjustment reconciliation
6,338,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,692,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
742,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 5,000,000 US dollars
Ending cash on Mar 31, 2026
1,768,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,664,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
184,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
1,080,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
736,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
344,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$3.41B + net operating adjustments $4.49B = operating cash +$1.08B. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,080,000,000 US dollars minus 736,000,000 US dollars equals 344,000,000 US dollars.
CHENIERE ENERGY, INC. (LNG) FY2026 Q1 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!