Venture Global revenue and financials
$13.51Change from previous close: +0.45%Absolute change: +$0.06
In the fiscal year ended December 2025, Venture Global reported revenue of $13.77B (+176.93% year over year). Net income was $2.7B, a net margin of 19.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +176.93%
- 2025 vs 2024
- Net income growth
- +59.87%
- 2025 vs 2024
- Net margin
- 19.6%
- 2024: 33.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,072 | 763 | 2,111 | 1,883 | 1,458 | 1,114 | 673 | 280 | 558 | 638 | 593 |
| Depreciation and amortization | 260 | 251 | 240 | 218 | 267 | 216 | 93.0 | 89.0 | 70.0 | 70.0 | 69.0 |
| Capital expenditure | -3,719 | -3,181 | -3,625 | -3,294 | -2,980 | -3,466 | -3,659 | -3,803 | -3,251 | -3,004 | -3,553 |
| Investing cash flow | -3,677 | -2,998 | -3,643 | -3,173 | -2,934 | -3,470 | -3,723 | -3,850 | -3,446 | -3,140 | -3,681 |
| Financing cash flow | 3,144 | 1,861 | 1,415 | 1,910 | 364 | 1,776 | 2,029 | 4,745 | 2,260 | 1,718 | 5,842 |
| Dividends paid | -44.0 | -45.0 | -42.0 | -176 | -57.0 | -190 | -56.0 | -54.0 | -14.0 | -15.0 | -164 |
| Debt issued | 8,910 | 2,720 | 4,939 | 7,622 | 3,385 | 383 | 2,366 | 2,314 | 2,520 | 2,160 | 7,013 |
| Debt repaid | -3,695 | -388 | -3,374 | -4,882 | -2,769 | -46.0 | -46.0 | -414 | -218 | -227 | -830 |
| Net change in cash | 1,539 | -374 | -117 | 620 | -1,112 | -580 | -1,021 | 1,175 | -628 | -784 | 2,754 |
| Free cash flow | -1,647 | -2,418 | -1,514 | -1,411 | -1,522 | -2,352 | -2,986 | -3,523 | -2,693 | -2,366 | -2,960 |
| Levered free cash flow | -2,163 | -2,338 | -2,295 | -1,866 | -2,802 | -3,909 | -2,802 | — | — | — | — |