For the quarter ending 2026-03-31, LNG had $184M increase in cash & cash equivalents over the period. $344M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | -3,412 | 2,933 | 1,296 | 2,565 |
| Depreciation, amortization and accretion expense | 373 | 350 | 338 | 641 |
| Share-based compensation expense | 78 | 21 | 35 | 105 |
| Amortization of discount and debt issuance costs | 10 | 9 | 10 | 19 |
| Reduction of right-of-use assets | 145 | 158 | 155 | 310 |
| Total losses on derivative instruments, net | -5,457 | 2,215 | 671 | 958 |
| Net cash provided by (used for) settlement of derivative instruments | 509 | -3 | -93 | -193 |
| Deferred taxes | -385 | 632 | 773 | 454 |
| Other Noncash Income Expense | -31 | -14 | -12 | 1 |
| Trade and other receivables | -179 | 53 | 558 | 29 |
| Inventory | 156 | 74 | -23 | -19 |
| Margin deposits | 213 | -27 | -47 | 22 |
| Other non-current assets | -65 | 8 | 123 | 25 |
| Accounts payable and accrued liabilities | -131 | 440 | 117 | -789 |
| Total deferred revenue | -45 | -31 | 26 | -36 |
| Total operating lease liabilities | -145 | -160 | -152 | -307 |
| Other non-current liabilities | -216 | - | - | - |
| Increase Decrease In Other Operating Capital Net | 46 | -9 | -4 | 80 |
| Net cash provided by operating activities | 1,080 | 2,055 | 1,425 | 2,059 |
| Property, plant and equipment, net of proceeds from commissioning sales of lng of 42 million and 43 million, respectively | 736 | 744 | 687 | 1,647 |
| Investments in equity method investments | - | 2 | - | 0 |
| Proceeds from sale of equity method investment | -80 | - | - | 80 |
| Other, net | 6 | 3 | -79 | 8 |
| Net cash used in investing activities | -742 | -749 | -688 | -1,575 |
| Proceeds from issuances of debt and borrowings | 2,543 | 725 | 997 | 265 |
| Redemptions and repayments of debt | 1,603 | 475 | 1,052 | 565 |
| Distributions to nci | 202 | 203 | 200 | 400 |
| Contributions from redeemable nci | 0 | 14 | 59 | 49 |
| Redemption of redeemable nci | 136 | - | - | - |
| Payments related to tax withholdings for share-based compensation | 36 | 1 | 4 | 46 |
| Repurchase of common stock, inclusive of excise taxes paid | 537 | 1,037 | 997 | 690 |
| Dividends to stockholders | 117 | 119 | 109 | 223 |
| Other, net | -61 | -24 | -51 | -43 |
| Net cash used in financing activities | -149 | -1,120 | -1,357 | -1,653 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents | -5 | 0 | 1 | -4 |
| Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents | 184 | 186 | -619 | -1,173 |
| Cash, cash equivalents and restricted cash and cash equivalentsbeginning of period | 1,584 | 1,792 | 3,190 | - |
| Cash, cash equivalents and restricted cash and cash equivalentsend of period | 1,768 | 186 | 1,398 | - |
Cheniere Energy, Inc. (LNG)
Cheniere Energy, Inc. (LNG)