ET Q2 2026 Earnings — Income Statement Breakdown
For its Q2 2026 period (ending 2026-06-30), ET reported revenue of $34.3B, gross profit of $7.4B (21.5% gross margin), operating income of $3.6B, and net income of $2.5B (7.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
ET was profitable; revenue grew 72.1% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +72.1% | +95.8% | +0.9 pp |
Consensus estimate data is not available for this report.
ET Q2 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $34.3B | 100% |
| Cost of Revenue | −$26.9B | 78.5% |
| Gross Profit | $7.4B | 21.5% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$421M | 1.2% |
| Other Operating Expenses | −$3.4B | 9.9% |
| Operating Income | $3.6B | 10.4% |
| Interest Expense | −$934M | 2.7% |
| Other Income, net | $84M | 0.2% |
| Income Tax Expense | −$194M | 0.6% |
| Net Income | $2.5B | 7.4% |
Source: ET filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.