Cheniere Energy Partners, L.P. (CQP) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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CQP Revenue Growth
Revenue Breakdown (FY 2024)
CQP's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
CQP Revenue Analysis (2013–2024)
As of May 7, 2026, Cheniere Energy Partners, L.P. (CQP) generated trailing twelve-month (TTM) revenue of $10.31 billion, reflecting strong growth of +17.0% year-over-year. The most recent quarter (Q3 2025) recorded $2.40 billion in revenue, down 2.1% sequentially.
Looking at the longer-term picture, CQP's 5-year compound annual growth rate (CAGR) stands at +4.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $17.21 billion in 2022.
Revenue diversification analysis shows CQP's business is primarily driven by Liquefied Natural Gas (98%), Regasification Service (2%), and Product and Service, Other (1%). With over half of revenue concentrated in Liquefied Natural Gas, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including LNG (+25.1% YoY), NFE (-36.4% YoY), and GLNG (+51.1% YoY), CQP has underperformed the peer group in terms of revenue growth. Compare CQP vs LNG →
CQP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CQPCurrent | $10.3B | +17.0% | +4.9% | 37.7% | |
 LNG | $19.6B | +25.1% | +15.9% | 27.0% | |
 NFE | $1.5B | -36.4% | +27.2% | -11.3% | |
 GLNG | $394M | +51.1% | -2.1% | 34.4% | |
 ET | $82.6B | -0.1% | +16.2% | 11.4% |
CQP Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $8.70B | -9.9% | $4.45B | 51.1% | $3.28B | 37.7% |
| 2023 | $9.66B | -43.8% | $6.25B | 64.7% | $5.04B | 52.1% |
| 2022 | $17.21B | +82.4% | $4.47B | 26.0% | $3.38B | 19.6% |
| 2021 | $9.43B | +53.0% | $3.49B | 37.0% | $2.56B | 27.1% |
| 2020 | $6.17B | -9.8% | $3.03B | 49.2% | $2.13B | 34.5% |
| 2019 | $6.84B | +6.4% | $2.93B | 42.8% | $2.04B | 29.8% |
| 2018 | $6.43B | +49.3% | $6.31B | 98.2% | $1.98B | 30.8% |
| 2017 | $4.30B | +291.2% | $4.20B | 97.7% | $1.16B | 26.9% |
| 2016 | $1.10B | +307.5% | $532.0M | 48.4% | $250.4M | 22.8% |
| 2015 | $270.0M | +0.5% | $209.0M | 77.4% | $3.0M | 1.1% |
Full CQP Stock Analysis
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Start ComparisonCQP — Frequently Asked Questions
Quick answers to the most common questions about buying CQP stock.
Is CQP's revenue growth accelerating or slowing?
CQP revenue is accelerating at +17.0% year-over-year, exceeding the 5-year CAGR of +4.9%. TTM revenue reached $10.3B. Growth momentum has increased versus prior periods.
What is CQP's long-term revenue growth rate?
Cheniere Energy Partners, L.P.'s 5-year revenue CAGR of +4.9% reflects the sustained expansion pattern. Current YoY growth of +17.0% is above this long-term average.
How is CQP's revenue distributed by segment?
CQP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.