Energy Transfer Quarterly Income Statement
TXSE: ETEnergyOil & Gas MidstreamUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Energy Transfer revenue and earnings
In the quarter ended Jun 30, 2026, Energy Transfer generated $34.33 billion in revenue, up 78.4% from the same quarter a year earlier. Net income was $2.09 billion (+79.5% year over year), for a net margin of 6.1% versus a median of 5.1% in the prior 5 quarters. Gross margin was 21.5% (down from 27.5%) and operating margin 10.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Energy Transfer income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 34.33B | 27.77B | 25.32B | 19.95B | 19.24B | 21.02B | 19.54B | 20.77B | 20.73B | 21.63B | 20.53B | 20.74B |
| Revenue growth (YoY) | +78.43% | +32.12% | +29.57% | -3.94% | -7.17% | -2.82% | -4.83% | +0.16% | +13.15% | +13.87% | +0.15% | -9.59% |
| Cost of Revenue | 26.94B | 21.15B | 19.42B | 14.56B | 13.95B | 15.57B | 14.16B | 15.61B | 15.61B | 16.60B | 15.78B | 16.06B |
| Gross Profit | 7.40B | 6.62B | 5.90B | 5.39B | 5.30B | 5.45B | 5.38B | 5.16B | 5.12B | 5.03B | 4.75B | 4.68B |
| Operating Expenses | 3.82B | 3.64B | 3.83B | 3.24B | 2.99B | 2.96B | 3.10B | 2.98B | 2.82B | 2.65B | 2.59B | 2.45B |
| Selling, General & Admin | 421.00M | 361.00M | 367.00M | 268.00M | 257.00M | 288.00M | 288.00M | 297.00M | 332.00M | 260.00M | 285.00M | 234.00M |
| Operating Income | 3.57B | 2.98B | 2.08B | 2.15B | 2.31B | 2.49B | 2.28B | 2.18B | 2.30B | 2.38B | 2.17B | 2.23B |
| Interest Expense | 934.00M | 947.00M | 910.00M | 890.00M | 865.00M | 809.00M | 807.00M | 828.00M | 762.00M | 728.00M | 686.00M | 632.00M |
| Other Income (Expense) | -24.00M | -28.00M | 112.00M | 14.00M | 5.00M | -11.00M | 36.00M | 74.00M | 3.00M | 27.00M | 85.00M | 13.00M |
| Income Tax | 194.00M | 135.00M | 143.00M | 87.00M | 79.00M | 41.00M | 136.00M | 89.00M | 227.00M | 89.00M | 47.00M | 77.00M |
| Net Income | 2.09B | 1.25B | 928.00M | 1.02B | 1.16B | 1.32B | 1.08B | 1.18B | 1.31B | 1.24B | 1.33B | 584.00M |
| Net Income growth (YoY) | +79.54% | -5.22% | -13.83% | -13.86% | -11.49% | +6.69% | -18.84% | +102.57% | +44.24% | +11.41% | +14.89% | -41.95% |
| EBITDA | 5.15B | 4.57B | — | 3.59B | 3.69B | 3.86B | — | 3.50B | 3.51B | 3.63B | 3.32B | 3.34B |
| Gross Margin | 21.55% | 23.85% | 23.32% | 27.02% | 27.52% | 25.92% | 27.55% | 24.84% | 24.70% | 23.27% | 23.14% | 22.57% |
| Operating Margin | 10.41% | 10.74% | 8.20% | 10.78% | 12.00% | 11.85% | 11.66% | 10.50% | 11.09% | 11.00% | 10.54% | 10.77% |
| Net Margin | 6.08% | 4.52% | 3.67% | 5.11% | 6.04% | 6.29% | 5.51% | 5.70% | 6.34% | 5.73% | 6.46% | 2.82% |
This table shows 12 quarterly periods of Energy Transfer's income statement, from Q2 2026 back to Q3 2023, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ET's reporting calendar. What is a income statement?