ONE Gas Quarterly Income Statement
NYSE: OGSUtilitiesOil/Gas TransmissionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ONE Gas revenue and earnings
In the quarter ended Jun 30, 2026, ONE Gas generated $411.6 million in revenue, down 2.9% from the same quarter a year earlier. Net income was $46.8 million (+46.1% year over year), for a net margin of 11.4% versus a median of 12.5% in the prior 5 quarters. Gross margin was 78.1% (up from 72.2%) and operating margin 20.1%.
Diluted earnings per share came in at $0.74, up from $0.53.
Summary generated from market data by MetaCap's automated system. Methodology
ONE Gas 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 20232024-12-31 | Q3 20242024-09-30 | Q1 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 411.64M | 831.71M | 689.37M | 379.13M | 423.74M | 935.19M | 630.70M | 340.40M | 354.14M | 758.32M | 605.92M | 335.82M |
| Revenue growth (YoY) | -2.86% | -11.07% | +9.30% | +11.38% | +19.65% | +23.32% | +4.09% | +1.36% | -11.05% | -26.53% | -25.95% | -6.55% |
| Cost of Revenue | 90.29M | 393.58M | 291.89M | 76.61M | 117.94M | 512.46M | 263.74M | 59.63M | 71.96M | 383.00M | 267.56M | 70.91M |
| Gross Profit | 321.35M | 438.13M | 397.48M | 302.51M | 305.80M | 422.73M | 366.96M | 280.77M | 282.18M | 375.32M | 338.36M | 264.91M |
| Operating Expenses | 238.68M | 248.54M | 257.75M | 237.13M | 233.94M | 242.23M | 242.65M | 221.32M | 212.90M | 229.46M | 231.22M | 207.70M |
| Operating Income | 82.67M | 189.59M | 139.73M | 65.38M | 71.86M | 180.50M | 124.31M | 59.45M | 69.28M | 145.86M | 107.14M | 57.20M |
| Interest Expense | 31.10M | 32.36M | 36.46M | 35.37M | 35.28M | 35.70M | 39.76M | 39.15M | 36.97M | 31.36M | 29.78M | 27.96M |
| Other Income (Expense) | 5.22M | -2.10M | 1.35M | 2.36M | 2.57M | 518.00K | 105.00K | 2.98M | 977.00K | 3.51M | 4.67M | 55.00K |
| Pretax Income | 56.79M | 155.14M | 104.62M | 32.37M | 39.15M | 145.32M | 84.66M | 23.28M | 33.29M | 118.01M | 82.02M | 29.30M |
| Income Tax | 9.98M | 26.46M | 18.31M | 5.91M | 7.12M | 25.90M | 7.63M | 4.01M | 6.04M | 18.69M | 11.29M | 4.11M |
| Net Income | 46.81M | 128.67M | 86.31M | 26.47M | 32.03M | 119.42M | 77.02M | 19.27M | 27.24M | 99.32M | 70.73M | 25.19M |
| Net Income growth (YoY) | +46.12% | +7.75% | +12.05% | +37.36% | +17.58% | +20.24% | +8.89% | -23.51% | -16.66% | -3.22% | +5.52% | +6.28% |
| EPS (Basic) | 0.74 | 2.05 | 1.43 | 0.44 | 0.53 | 1.99 | 1.35 | 0.34 | 0.48 | 1.75 | 1.27 | 0.45 |
| EPS (Diluted) | 0.74 | 2.04 | 1.42 | 0.44 | 0.53 | 1.98 | 1.34 | 0.34 | 0.48 | 1.75 | 1.27 | 0.45 |
| Shares Outstanding (Basic) | 62.96M | 62.91M | — | 60.18M | 60.11M | 60.08M | — | 56.83M | 56.75M | 56.73M | — | 55.62M |
| Shares Outstanding (Diluted) | 63.15M | 63.20M | — | 60.55M | 60.45M | 60.27M | — | 57.09M | 56.83M | 56.80M | — | 55.98M |
| Gross Margin | 78.07% | 52.68% | 57.66% | 79.79% | 72.17% | 45.20% | 58.18% | 82.48% | 79.68% | 49.49% | 55.84% | 78.88% |
| Operating Margin | 20.08% | 22.80% | 20.27% | 17.25% | 16.96% | 19.30% | 19.71% | 17.46% | 19.56% | 19.23% | 17.68% | 17.03% |
| Net Margin | 11.37% | 15.47% | 12.52% | 6.98% | 7.56% | 12.77% | 12.21% | 5.66% | 7.69% | 13.10% | 11.67% | 7.50% |
This table shows 12 quarterly periods of ONE Gas's income statement, from Q2 2026 back to Q3 2023, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow OGS's reporting calendar. What is a income statement?