# ONE Gas, Inc.: financial statements, quarterly

OGS · NYSE · CIK 1587732 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ogs.md) · [Financials](/companies/ogs/financials.md) · [Filings](/companies/ogs/filings.md) · [Insiders](/companies/ogs/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/ogs/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q1 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cost of revenue | $m | [70.9](/filings/0001587732-24-000060.md) | [268 d](/filings/0001587732-26-000009.md) | [383](/filings/0001587732-25-000028.md) | [72.0](/filings/0001587732-25-000046.md) | [59.6](/filings/0001587732-25-000055.md) | [264 d](/filings/0001587732-26-000009.md) | [512](/filings/0001587732-26-000021.md) | [118](/filings/0001587732-26-000035.md) | [76.6](/filings/0001587732-25-000055.md) | [292 d](/filings/0001587732-26-000009.md) | [394](/filings/0001587732-26-000021.md) | [90.3](/filings/0001587732-26-000035.md) |
| Gross profit | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating income | $m | [57.2](/filings/0001587732-24-000060.md) | [107 d](/filings/0001587732-26-000009.md) | [146](/filings/0001587732-25-000028.md) | [69.3](/filings/0001587732-25-000046.md) | [59.4](/filings/0001587732-25-000055.md) | [124 d](/filings/0001587732-26-000009.md) | [180](/filings/0001587732-26-000021.md) | [71.9](/filings/0001587732-26-000035.md) | [65.4](/filings/0001587732-25-000055.md) | [140 d](/filings/0001587732-26-000009.md) | [190](/filings/0001587732-26-000021.md) | [82.7](/filings/0001587732-26-000035.md) |
| Interest expense | $m | [28.0](/filings/0001587732-24-000060.md) | [29.8 d](/filings/0001587732-26-000009.md) | [31.4](/filings/0001587732-25-000028.md) | [37.0](/filings/0001587732-25-000046.md) | [39.1](/filings/0001587732-25-000055.md) | [39.8 d](/filings/0001587732-26-000009.md) | [35.7](/filings/0001587732-26-000021.md) | [35.3](/filings/0001587732-26-000035.md) | [35.4](/filings/0001587732-25-000055.md) | [36.5 d](/filings/0001587732-26-000009.md) | [32.4](/filings/0001587732-26-000021.md) | [31.1](/filings/0001587732-26-000035.md) |
| Income tax | $m | [4.1](/filings/0001587732-24-000060.md) | [11.3 d](/filings/0001587732-26-000009.md) | [18.7](/filings/0001587732-25-000028.md) | [6.0](/filings/0001587732-25-000046.md) | [4.0](/filings/0001587732-25-000055.md) | [7.6 d](/filings/0001587732-26-000009.md) | [25.9](/filings/0001587732-26-000021.md) | [7.1](/filings/0001587732-26-000035.md) | [5.9](/filings/0001587732-25-000055.md) | [18.3 d](/filings/0001587732-26-000009.md) | [26.5](/filings/0001587732-26-000021.md) | [10.0](/filings/0001587732-26-000035.md) |
| Net income | $m | [25.2](/filings/0001587732-24-000060.md) | [70.7 d](/filings/0001587732-26-000009.md) | [99.3](/filings/0001587732-25-000055.md) | [27.2](/filings/0001587732-25-000055.md) | [19.3](/filings/0001587732-25-000055.md) | [77.0 d](/filings/0001587732-26-000009.md) | [119](/filings/0001587732-26-000035.md) | [32.0](/filings/0001587732-26-000035.md) | [26.5](/filings/0001587732-25-000055.md) | [86.3 d](/filings/0001587732-26-000009.md) | [129](/filings/0001587732-26-000035.md) | [46.8](/filings/0001587732-26-000035.md) |
| Diluted EPS | $ per share | [0.45](/filings/0001587732-24-000060.md) | not reported | [1.75](/filings/0001587732-25-000028.md) | [0.48](/filings/0001587732-25-000046.md) | [0.34](/filings/0001587732-25-000055.md) | not reported | [1.98](/filings/0001587732-26-000021.md) | [0.53](/filings/0001587732-26-000035.md) | [0.44](/filings/0001587732-25-000055.md) | not reported | [2.04](/filings/0001587732-26-000021.md) | [0.74](/filings/0001587732-26-000035.md) |
| Basic EPS | $ per share | [0.45](/filings/0001587732-24-000060.md) | not reported | [1.75](/filings/0001587732-25-000028.md) | [0.48](/filings/0001587732-25-000046.md) | [0.34](/filings/0001587732-25-000055.md) | not reported | [1.99](/filings/0001587732-26-000021.md) | [0.53](/filings/0001587732-26-000035.md) | [0.44](/filings/0001587732-25-000055.md) | not reported | [2.05](/filings/0001587732-26-000021.md) | [0.74](/filings/0001587732-26-000035.md) |

- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: not reported
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q1 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [9.2](/filings/0001587732-23-000054.md) | [18.8](/filings/0001587732-25-000013.md) | [11.5](/filings/0001587732-24-000033.md) | [10.7](/filings/0001587732-24-000051.md) | [18.8](/filings/0001587732-24-000060.md) | [58.0](/filings/0001587732-26-000009.md) | [19.3](/filings/0001587732-25-000028.md) | [20.5](/filings/0001587732-25-000046.md) | [9.0](/filings/0001587732-25-000055.md) | [10.6](/filings/0001587732-26-000035.md) | [11.4](/filings/0001587732-26-000021.md) | [7.9](/filings/0001587732-26-000035.md) |
| Current assets | $m | [564](/filings/0001587732-23-000054.md) | [765](/filings/0001587732-25-000013.md) | [664](/filings/0001587732-24-000033.md) | [600](/filings/0001587732-24-000051.md) | [691](/filings/0001587732-24-000060.md) | [930](/filings/0001587732-26-000009.md) | [756](/filings/0001587732-25-000028.md) | [681](/filings/0001587732-25-000046.md) | [679](/filings/0001587732-25-000055.md) | [916](/filings/0001587732-26-000035.md) | [797](/filings/0001587732-26-000021.md) | [662](/filings/0001587732-26-000035.md) |
| Total assets | $m | [7,432](/filings/0001587732-23-000054.md) | [7,771](/filings/0001587732-25-000013.md) | [7,764](/filings/0001587732-24-000033.md) | [7,825](/filings/0001587732-24-000051.md) | [8,039](/filings/0001587732-24-000060.md) | [8,426](/filings/0001587732-26-000009.md) | [8,327](/filings/0001587732-25-000028.md) | [8,359](/filings/0001587732-25-000046.md) | [8,504](/filings/0001587732-25-000055.md) | [8,853](/filings/0001587732-26-000035.md) | [8,826](/filings/0001587732-26-000021.md) | [8,812](/filings/0001587732-26-000035.md) |
| Current liabilities | $m | [1,572](/filings/0001587732-23-000054.md) | [1,477](/filings/0001587732-25-000013.md) | [1,404](/filings/0001587732-24-000033.md) | [1,457](/filings/0001587732-24-000051.md) | [1,388](/filings/0001587732-24-000060.md) | [1,458](/filings/0001587732-26-000009.md) | [1,277](/filings/0001587732-25-000028.md) | [1,302](/filings/0001587732-25-000046.md) | [1,454](/filings/0001587732-25-000055.md) | [1,532](/filings/0001587732-26-000035.md) | [1,402](/filings/0001587732-26-000021.md) | [1,376](/filings/0001587732-26-000035.md) |
| Long-term debt | $m | [1,863](/filings/0001587732-23-000054.md) | [2,160](/filings/0001587732-25-000013.md) | [2,146](/filings/0001587732-24-000033.md) | [2,147](/filings/0001587732-24-000051.md) | [2,385](/filings/0001587732-24-000060.md) | [2,385](/filings/0001587732-26-000009.md) | [2,370](/filings/0001587732-25-000028.md) | [2,371](/filings/0001587732-25-000046.md) | [2,356](/filings/0001587732-25-000055.md) | [2,356](/filings/0001587732-26-000035.md) | [2,340](/filings/0001587732-26-000021.md) | [2,341](/filings/0001587732-26-000035.md) |
| Current portion of debt | $m | [773](/filings/0001587732-23-000054.md) | [773](/filings/0001587732-25-000013.md) | [0.0](/filings/0001587732-24-000033.md) | [0.0](/filings/0001587732-24-000051.md) | [0.0](/filings/0001587732-24-000060.md) | [0.0](/filings/0001587732-26-000009.md) | [0.0](/filings/0001587732-25-000028.md) | [0.0](/filings/0001587732-25-000046.md) | [250](/filings/0001587732-25-000055.md) | [250](/filings/0001587732-26-000035.md) | [250](/filings/0001587732-26-000021.md) | [250](/filings/0001587732-26-000035.md) |
| Short-term borrowings | $m | [327](/filings/0001587732-23-000054.md) | [0.0](/filings/0001587732-24-000013.md) | [0.0](/filings/0001587732-24-000033.md) | [0.0](/filings/0001587732-24-000051.md) | [0.0](/filings/0001587732-24-000060.md) | [0.0](/filings/0001587732-25-000013.md) | [0.0](/filings/0001587732-25-000028.md) | [872](/filings/0001587732-25-000046.md) | [764](/filings/0001587732-25-000055.md) | [737](/filings/0001587732-26-000035.md) | [760](/filings/0001587732-26-000021.md) | [771](/filings/0001587732-26-000035.md) |
| Shareholders' equity | $m | [2,647](/filings/0001587732-24-000060.md) | [2,766](/filings/0001587732-26-000009.md) | [2,830](/filings/0001587732-25-000055.md) | [2,827](/filings/0001587732-25-000055.md) | [2,813](/filings/0001587732-25-000055.md) | [3,105](/filings/0001587732-26-000035.md) | [3,185](/filings/0001587732-26-000035.md) | [3,184](/filings/0001587732-26-000035.md) | [3,182](/filings/0001587732-25-000055.md) | [3,440](/filings/0001587732-26-000035.md) | [3,526](/filings/0001587732-26-000035.md) | [3,538](/filings/0001587732-26-000035.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:CommercialPaper, us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [93.8 d](/filings/0001587732-24-000060.md) | [97.0 d](/filings/0001587732-26-000009.md) | [108](/filings/0001587732-25-000028.md) | [143 d](/filings/0001587732-25-000046.md) | [54.9 d](/filings/0001587732-25-000055.md) | [62.6 d](/filings/0001587732-26-000009.md) | [277](/filings/0001587732-26-000021.md) | [171 d](/filings/0001587732-26-000035.md) | [87.0 d](/filings/0001587732-25-000055.md) | [43.0 d](/filings/0001587732-26-000009.md) | [176](/filings/0001587732-26-000021.md) | [211 d](/filings/0001587732-26-000035.md) |
| Capital expenditure | $m | [168 d](/filings/0001587732-24-000060.md) | [176 d](/filings/0001587732-26-000009.md) | [167](/filings/0001587732-25-000028.md) | [176 d](/filings/0001587732-25-000046.md) | [181 d](/filings/0001587732-25-000055.md) | [180 d](/filings/0001587732-26-000009.md) | [167](/filings/0001587732-26-000021.md) | [180 d](/filings/0001587732-26-000035.md) | [192 d](/filings/0001587732-25-000055.md) | [168 d](/filings/0001587732-26-000009.md) | [157](/filings/0001587732-26-000021.md) | [174 d](/filings/0001587732-26-000035.md) |
| Dividends paid | $m | [36.0 d](/filings/0001587732-24-000060.md) | [36.0 d](/filings/0001587732-26-000009.md) | [37.3](/filings/0001587732-25-000028.md) | [37.3 d](/filings/0001587732-25-000046.md) | [37.4 d](/filings/0001587732-25-000055.md) | [37.4 d](/filings/0001587732-26-000009.md) | [40.2](/filings/0001587732-26-000021.md) | [40.2 d](/filings/0001587732-26-000035.md) | [40.2 d](/filings/0001587732-25-000055.md) | [40.2 d](/filings/0001587732-26-000009.md) | [42.7](/filings/0001587732-26-000021.md) | [42.7 d](/filings/0001587732-26-000035.md) |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: not reported

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q1 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q1 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [54.5](/filings/0001587732-23-000054.md) | [55.8](/filings/0001587732-24-000033.md) | [55.9](/filings/0001587732-24-000051.md) | [56.0](/filings/0001587732-24-000060.md) | [56.8](/filings/0001587732-25-000028.md) | [56.8](/filings/0001587732-25-000046.md) | [57.1](/filings/0001587732-25-000055.md) | [60.3](/filings/0001587732-26-000021.md) | [60.5](/filings/0001587732-26-000035.md) | [60.6](/filings/0001587732-25-000055.md) | [63.2](/filings/0001587732-26-000021.md) | [63.2](/filings/0001587732-26-000035.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 62,856,270 at 2026-07-24, from the cover of the [10-Q filed 2026-08-05](/filings/0001587732-26-000035.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.