Financial Statements — CQP
Balance Sheet
(in billions USD)| Metric | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 0.44 | 0.28 | 0.12 | 0.11 | 0.09 | 0.33 | 0.35 | 0.33 | 0.50 | 1.83 | 0.83 | 0.99 | 1.11 | 1.16 | 1.71 | 1.24 | 1.22 |
| Accounts Receivable | -- | -- | -- | 0.00 | 0.00 | 0.20 | 0.14 | 0.16 | 0.17 | 0.13 | 0.26 | 0.76 | 0.65 | 0.41 | 0.34 | 0.26 | 0.35 |
| Inventory | 0.17 | 0.15 | 0.15 | 0.15 | 0.16 | 0.14 | 0.14 | 0.13 | 0.13 | 0.13 | 0.15 | 0.24 | 0.17 | 0.15 | 0.13 | 0.12 | 0.10 |
| Total Current Assets | 1.52 | 1.25 | 1.12 | 1.02 | 1.16 | 1.19 | 1.23 | 1.10 | 1.35 | 2.79 | 1.93 | 3.37 | 2.96 | 2.43 | 2.82 | 2.05 | 2.12 |
| Property, Plant & Equipment | 15.03 | 15.11 | 15.40 | 15.54 | 15.64 | 15.87 | 16.00 | 16.07 | 16.34 | 16.46 | 16.59 | 16.83 | 16.86 | 16.92 | 16.82 | 16.79 | 16.73 |
| Total Non-current Assets* | 16.16 | 15.86 | 15.72 | 15.91 | 15.93 | 16.20 | 16.29 | 16.39 | 16.72 | 16.76 | 16.88 | 17.13 | 17.17 | 17.22 | 17.11 | 17.08 | 17.03 |
| Total Assets | 17.68 | 17.11 | 16.83 | 16.93 | 17.09 | 17.39 | 17.52 | 17.50 | 18.07 | 19.56 | 18.82 | 20.50 | 20.13 | 19.66 | 19.93 | 19.12 | 19.15 |
| Accounts Payable | 0.08 | 0.05 | 0.06 | 0.07 | 0.07 | 0.05 | 0.05 | 0.03 | 0.05 | 0.06 | 0.07 | 0.03 | 0.03 | 0.02 | 0.01 | 0.02 | 0.01 |
| Short-term Debt | 0.11 | 1.61 | 0.61 | 0.61 | 0.10 | 0.70 | 0.80 | 2.15 | 0.35 | 1.80 | 0.06 | 1.50 | 1.50 | -- | 0.94 | 0.65 | 0.85 |
| Total Current Liabilities | 1.24 | 2.98 | 1.70 | 1.66 | 1.31 | 1.73 | 1.89 | 2.95 | 1.55 | 2.93 | 1.35 | 4.58 | 3.78 | 1.60 | 2.06 | 1.51 | 1.74 |
| Long-term Debt | 14.34 | 12.61 | 14.16 | 14.21 | 14.71 | 14.76 | 14.80 | 13.62 | 15.60 | 15.60 | 16.15 | 15.70 | 15.69 | 17.18 | 17.17 | 16.93 | 16.73 |
| Total Non-current Liabilities* | 15.68 | 14.05 | 15.49 | 15.62 | 16.16 | 16.28 | 16.39 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 16.93 | 17.03 | 17.18 | 17.27 | 17.47 | 18.01 | 18.27 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Stockholder Equity* | 0.75 | 0.08 | (0.35) | (0.34) | (0.38) | (0.63) | (0.76) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
* Derived from reported values
Income Statement
(in billions USD)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2.58 | 3.60 | 2.91 | 2.40 | 2.46 | 2.99 | 2.46 | 2.06 | 1.89 | 2.30 | 2.69 | 2.13 | 1.93 | 2.92 | 4.72 | 4.98 | 4.18 | 3.33 | 3.26 | 2.32 |
| Research & Development | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | -- | 0.00 | 0.00 |
| Selling, General & Admin | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.05 | 0.02 | 0.03 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 1.34 | 0.36 | 1.47 | 0.70 | 0.72 | 0.83 | 0.81 | 0.83 | 0.77 | 0.88 | 1.10 | 0.99 | 0.82 | 2.13 | 2.76 | (0.30) | 0.56 | 0.36 | 0.72 | 0.62 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.20 | 0.20 | 0.20 | 0.21 | 0.21 | 0.21 | 0.23 | 0.22 | 0.22 | 0.20 | 0.20 | 0.21 |
| Pretax Income* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.38 |
| Tax Provision | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 |
| Net Income | 1.16 | 0.19 | 1.29 | 0.51 | 0.55 | 0.64 | 0.62 | 0.64 | 0.57 | 0.68 | 0.91 | 0.79 | 0.62 | 1.94 | 2.51 | (0.51) | 0.34 | 0.16 | 0.51 | 0.38 |
* Derived from reported values
Cash Flow Statement
(in billions USD)| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 0.70 | 0.91 | 0.89 | 0.66 | 0.56 | 0.67 | 0.88 | 0.69 | 0.73 | 0.67 | 0.92 | 0.66 | 0.69 | 0.85 | 1.71 | 0.86 | 0.79 | 0.80 | 0.62 | 0.59 |
| Capital Expenditures | 0.27 | 0.03 | 0.02 | 0.05 | 0.07 | 0.06 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 | 0.02 | 0.06 | 0.09 | 0.10 | 0.12 | 0.15 | 0.09 | 0.15 | 0.18 |
| Free Cash Flow* | 0.43 | 0.88 | 0.86 | 0.61 | 0.49 | 0.61 | 0.83 | 0.65 | 0.70 | 0.63 | 0.87 | 0.63 | 0.63 | 0.76 | 1.61 | 0.74 | 0.63 | 0.71 | 0.47 | 0.41 |
| Investing Cash Flow | (0.27) | (0.03) | (0.02) | (0.05) | (0.07) | (0.06) | (0.05) | (0.04) | (0.03) | (0.04) | (0.05) | (0.02) | (0.06) | (0.09) | (0.09) | (0.12) | (0.15) | (0.09) | (0.15) | (0.18) |
| Financing Cash Flow | (0.27) | (0.78) | (0.83) | (0.59) | (0.51) | (0.81) | (0.86) | (0.66) | (0.67) | (0.87) | (0.77) | (2.17) | 0.45 | (0.75) | (1.80) | (0.74) | (0.74) | (0.39) | (1.34) | 0.13 |
* Derived from reported values