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Q2 FY26 Apr 1 – Jun 30, 2026
The numbers behind the diagram
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 12.05 | 100% | +53% |
| Liquids commodity | 10.38 | 86% | +72% |
| Transportation & storage | 0.82 | 7% | +10% |
| Residue natural gas sales | 0.44 | 4% | −37% |
| Exchange services | 0.38 | 3% | −2% |
| Other | 0.04 | 0% | +16% |
| Cost of revenue | −9.24 | 77% | |
| Gross profit | 2.81 | 23% margin | −9pp |
| Operating expenses | −1.21 | 10% | |
| Operating profit | 1.59 | 13% margin | −5pp |
| Interest & other costs | −0.33 | ||
| Tax | −0.30 | ||
| Net profit | 0.97 | 8% margin | −3pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.62 | 100% | +20% |
| Liquids commodity | 7.30 | 76% | +23% |
| Residue natural gas sales | 1.15 | 12% | +15% |
| Transportation & storage | 0.79 | 8% | −3% |
| Exchange services | 0.34 | 4% | |
| Other | 0.04 | 0% | +20% |
| Cost of revenue | −7.05 | 73% | |
| Gross profit | 2.57 | 27% margin | −3pp |
| Operating expenses | −1.14 | 12% | +0pp |
| Operating profit | 1.43 | 15% margin | +0pp |
| Interest & other costs | −0.41 | ||
| Tax | −0.25 | ||
| Net profit | 0.77 | 8% margin | +0pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 9.07 | 100% | +30% |
| Liquids commodity | 6.95 | 77% | +33% |
| Transportation & storage | 0.89 | 10% | −2% |
| Residue natural gas sales | 0.87 | 10% | +53% |
| Exchange services | 0.31 | 3% | +17% |
| Other | 0.04 | 0% | −8% |
| Cost of revenue | −6.40 | 71% | |
| Gross profit | 2.67 | 29% margin | −6pp |
| Operating expenses | −1.14 | 13% | +0pp |
| Operating profit | 1.53 | 17% margin | −5pp |
| Interest & other costs | −0.28 | ||
| Tax | −0.27 | ||
| Net profit | 0.98 | 11% margin | −2pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.63 | 100% | +72% |
| Liquids commodity | 6.67 | 77% | +73% |
| Transportation & storage | 0.78 | 9% | +4% |
| Residue natural gas sales | 0.75 | 9% | +243% |
| Exchange services | 0.41 | 5% | |
| Other | 0.04 | 0% | +0% |
| Cost of revenue | −5.96 | 69% | |
| Gross profit | 2.67 | 31% margin | −9pp |
| Operating expenses | −1.11 | 13% | +0pp |
| Operating profit | 1.56 | 18% margin | −4pp |
| Interest & other costs | −0.32 | ||
| Tax | −0.30 | ||
| Net profit | 0.94 | 11% margin | −3pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 7.89 | 100% | +61% |
| Liquids commodity | 6.03 | 77% | +58% |
| Transportation & storage | 0.74 | 9% | +6% |
| Residue natural gas sales | 0.69 | 9% | +311% |
| Exchange services | 0.38 | 5% | |
| Other | 0.04 | 0% | +19% |
| Cost of revenue | −5.36 | 68% | |
| Gross profit | 2.53 | 32% margin | −9pp |
| Operating expenses | −1.10 | 14% | +0pp |
| Operating profit | 1.43 | 18% margin | −7pp |
| Interest & other costs | −0.33 | ||
| Tax | −0.26 | ||
| Net profit | 0.84 | 11% margin | −5pp |
Financial health
The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.
The balance sheet, capital flow, debt schedule and capital structure open with a free account.
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
| Quarter | Period | Reported | Revenue | Year over year | Operating margin | Net profit | Net margin |
|---|---|---|---|---|---|---|---|
| Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 4, 2026 Operating margin 13% Net profit $0.97B | Apr 1 – Jun 30, 2026 | Aug 4, 2026 | $12.0B | +53% | 13% | $0.97B | 8% |
| Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 29, 2026 Operating margin 15% Net profit $0.77B | Jan 1 – Mar 31, 2026 | Apr 29, 2026 | $9.6B | +20% | 15% | $0.77B | 8% |
| Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 24, 2026 Operating margin 17% Net profit $0.98B | Oct 1 – Dec 31, 2025 | Feb 24, 2026 | $9.1B | +30% | 17% | $0.98B | 11% |
| Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 29, 2025 Operating margin 18% Net profit $0.94B | Jul 1 – Sep 30, 2025 | Oct 29, 2025 | $8.6B | +72% | 18% | $0.94B | 11% |
| Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 5, 2025 Operating margin 18% Net profit $0.84B | Apr 1 – Jun 30, 2025 | Aug 5, 2025 | $7.9B | +61% | 18% | $0.84B | 11% |
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