Early Access

10-QPeriod: Q3 FY2025

Cheniere Energy, Inc. Quarterly Report for Q3 Ended Sep 30, 2025

Filed October 30, 2025For Securities:LNG

Summary

Cheniere Energy, Inc. (LNG) reported a strong third quarter of 2025, with total revenues reaching $4.44 billion, a notable increase from $3.76 billion in the same period last year. This growth was primarily driven by higher LNG revenues, reflecting increased pricing and higher volumes delivered, partly due to the substantial completion of two trains for the Corpus Christi Stage 3 Project. Net income attributable to Cheniere also saw a significant rise to $1.05 billion from $893 million year-over-year. The company continues to execute on its growth strategy, with the Corpus Christi Stage 3 Project and the CCL Midscale Trains 8 & 9 Project progressing well under construction. Management highlighted positive development milestones, including the FID for the CCL Midscale Trains 8 & 9 Project and substantial completion of additional trains at Corpus Christi. The company also remains focused on capital allocation, evidenced by ongoing share repurchases and a planned dividend increase.

Financial Statements
Beta
Revenue$4.44B
SG&A Expenses$81.00M
Operating Expenses$2.62B
Operating Income$1.82B
Net Income$1.05B
EPS (Basic)$4.76
EPS (Diluted)$4.75
Shares Outstanding (Basic)219.30M
Shares Outstanding (Diluted)219.90M

Key Highlights

  • 1Total revenues increased by 18% year-over-year to $4.44 billion for the three months ended September 30, 2025.
  • 2Net income attributable to Cheniere rose by 17.5% to $1.05 billion for the three months ended September 30, 2025.
  • 3LNG revenues increased significantly due to higher pricing and volumes, driven by Corpus Christi Stage 3 Project completions.
  • 4Corpus Christi Stage 3 Project and CCL Midscale Trains 8 & 9 Project are progressing well with substantial completions achieved for multiple trains.
  • 5The company repurchased approximately 4.4 million shares of common stock for about $1.0 billion during the quarter.
  • 6Cheniere announced a plan to increase its annualized dividend by over 10% to $2.22 per common share, commencing with the third quarter of 2025.
  • 7The company has $9.11 billion in total available liquidity as of September 30, 2025.

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