What is Energy Transfer's revenue?

Energy Transfer (ET) generated $92.3B in revenue over the trailing twelve months, up 12.5% year over year.

Is Energy Transfer profitable?

Energy Transfer reported $4.4B in net income over the trailing twelve months, a 4.7% net margin.

What are Energy Transfer's profit margins?

Gross margin is 25.2% and operating margin is 10.3%, with a 4.7% net margin.

Where does Energy Transfer's income statement data come from?

Every line is extracted from Energy Transfer's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Energy Transfer ET Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total revenue	$27.77B+9.7%	$25.32B+26.9%	$19.95B+3.7%	$19.24B-8.5%	$21.02B+7.6%
Total cost of revenue	$21.15B+8.9%	$19.42B+33.3%	$14.56B+4.4%	$13.95B-10.4%	$15.57B+10.0%
Gross profit	$6.62B+12.2%	$5.9B+9.5%	$5.39B+1.8%	$5.3B-2.8%	$5.45B+1.2%
Gross margin	23.8%+0.5pp	23.3%-3.7pp	27%-0.5pp	27.5%+1.6pp	25.9%-1.6pp
Selling, general and administrative	$361M-1.6%	$367M+36.9%	$268M+4.3%	$257M-10.8%	$288M0.0%
Depreciation and amortization	$1.58B+6.2%	$1.49B+3.5%	$1.44B+4.0%	$1.38B+1.2%	$1.37B-0.5%
Impairment charges	$0-100%	$277M+27,600%	$1M-66.7%	$3M-25.0%	$4M+100%
Total costs & expenses	$24.79B+6.6%	$23.24B+30.6%	$17.8B+5.1%	$16.93B-8.6%	$18.53B+7.3%
Operating income	$2.98B+43.7%	$2.08B-3.5%	$2.15B-6.8%	$2.31B-7.3%	$2.49B+9.3%
Operating margin	10.7%+2.5pp	8.2%-2.6pp	10.8%-1.2pp	12%+0.1pp	11.9%+0.2pp
Interest expense	$947M+4.1%	$910M+2.2%	$890M+2.9%	$865M+6.9%	$809M+0.2%
Other income (expense), net	-$28M-125%	$112M+700%	$14M+180%	$5M+145%	-$11M-131%
Income from equity method investments	$110M+3.8%	$106M-8.6%	$116M+10.5%	$105M+14.1%	$92M-2.1%
Gain (loss) on extinguishment of debt	-$7M-133%	-$3M+75.0%	-$12M+29.4%	-$17M-750%	-$2M-100%
Income tax expense	$135M-5.6%	$143M+64.4%	$87M+10.1%	$79M+92.7%	$41M-69.9%
Net income	$1.25B+35.1%	$928M-8.9%	$1.02B-12.4%	$1.16B-12.1%	$1.32B+22.8%
Net margin	4.5%+0.9pp	3.7%-1.4pp	5.1%-0.9pp	6%-0.2pp	6.3%+0.8pp
Preferred stock dividends	$59M0.0%	$59M0.0%	$59M-6.3%	$63M-6.0%	$67M-1.5%
Net Income (Loss) Allocated to General Partners	-$1M0.0%	-$1M0.0%	-$1M0.0%	-$1M0.0%	-$1M0.0%
Common Unitholders’ interest in net income	$1.19B+37.6%	$868M-9.5%	$959M-12.1%	$1.09B-13.1%	$1.26B+24.5%
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted	$0.35+40.0%	$0.25-10.7%	$0.28-12.5%	$0.32-11.1%	$0.36+24.1%
Other income, net (Note 6)	-$28M-125%	$112M+700%	$14M+180%	$5M+145%	-$11M-131%
EBITDA	$4.57B+28.0%	$3.57B-0.7%	$3.59B-2.8%	$3.69B-4.3%	$3.86B+5.6%
EBITDA margin	16.4%+2.4pp	14.1%-3.9pp	18%-1.2pp	19.2%+0.8pp	18.4%-0.3pp
EBIT	$2.98B+43.7%	$2.08B-3.5%	$2.15B-6.8%	$2.31B-7.3%	$2.49B+9.3%

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Questions, answered.

What is Energy Transfer's revenue?: Energy Transfer (ET) generated $92.3B in revenue over the trailing twelve months, up 12.5% year over year.
Is Energy Transfer profitable?: Energy Transfer reported $4.4B in net income over the trailing twelve months, a 4.7% net margin.
What are Energy Transfer's profit margins?: Gross margin is 25.2% and operating margin is 10.3%, with a 4.7% net margin.
Where does Energy Transfer's income statement data come from?: Every line is extracted from Energy Transfer's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.