Seapeak LLC revenue by segment SEAL-PB

Annual Quarterly

Seapeak LLC splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was LNG at $522.5 million, 82% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Lease Revenue at $499.3 million, 78% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
637
711
727
624
598
591
601
511
—
—
Operating segments
LNG
522
-7.8%
share 82.0%
567
+0.6%
share 79.7%
564
-2.1%
share 77.5%
575
+4.5%
share 92.1%
550
-0.3%
share 92.1%
552
-0.5%
share 93.5%
555
share 92.4%
—
—
—
NGL
114
-20.6%
share 18.0%
144
-11.7%
share 20.3%
163
+232.9%
share 22.5%
49
+3.6%
share 7.9%
47
+22.4%
share 7.9%
39
-1.3%
share 6.5%
39
share 6.5%
—
—
—
Sales mix
Lease Revenue
499
-12.7%
share 78.4%
572
-5.1%
share 80.5%
603
+16.8%
share 83.0%
516
share 82.7%
—
561
share 94.9%
—
—
—
—
Managementfeesandother
101
+0.2%
share 15.9%
101
+13.1%
share 14.2%
89
+4.4%
share 12.3%
86
+746.0%
share 13.7%
10
+12.3%
share 1.7%
9
+39.0%
share 1.5%
6
-39.8%
share 1.1%
11
-8.0%
share 2.1%
12
—
Nonleaserevenue
36
-2.8%
share 5.7%
37
+9.2%
share 5.3%
34
+53.0%
share 4.7%
22
-6.2%
share 3.6%
24
+12.9%
share 4.0%
21
-2.4%
share 3.6%
22
share 3.6%
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry
Water Transportation (SIC 4400)
Listed as
SEAL-PA (NYSE), SEAL-PB (NYSE)
Fiscal year ends
December 31
Incorporated in
Marshall Islands
Headquarters
Hamilton, Bermuda
SEC filer status
Non-accelerated filer
SEC CIK
1308106
Former names
Teekay LNG Partners L.P. (until Mar 9, 2022)

Other Water Transportation companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.