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 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 4,578 | 4,599 | 4,445 | 3,329 | 3,101 | 2,894 | 1,524 | 926 | 1,108 | 1,414 | 1,632 | 1,054 |
| Cost of revenue | 1,995 | 3,054 | 2,315 | 1,633 | 1,636 | 1,311 | 625 | 415 | 426 | 474 | 601 | 476 |
| Gross profit | 2,583 | 1,545 | 2,130 | 1,696 | 1,465 | 1,583 | 899 | 511 | 682 | 940 | 1,031 | 578 |
| Selling, general and administrative | 112 | 97.0 | 120 | 105 | 103 | 105 | 88.0 | 77.0 | 75.0 | 72.0 | 59.0 | 58.0 |
| Research and development | 23.0 | 46.0 | 52.0 | 53.0 | 57.0 | 182 | 124 | 156 | 174 | 181 | 166 | 142 |
| Operating income | 2,188 | 1,151 | 1,718 | 1,320 | 1,038 | 1,080 | 594 | 189 | 363 | 617 | 737 | 309 |
| EBIT | 2,188 | 1,151 | 1,718 | 1,320 | 1,038 | 1,080 | 594 | 189 | 363 | 617 | 737 | 309 |
| EBITDA | 2,448 | 1,402 | 1,958 | 1,538 | 1,305 | 1,296 | 687 | 278 | 433 | 687 | 806 | 378 |
| Interest expense | 365 | 429 | 219 | 565 | 422 | 468 | — | 608 | -23.0 | — | 1,023 | -634 |
| Pre-tax income | 1,753 | 736 | 1,467 | 637 | 591 | 668 | 1,238 | -372 | 444 | 873 | -53.0 | 984 |
| Income tax | 336 | 111 | 276 | 87.0 | 116 | 151 | 248 | -78.0 | 92.0 | 175 | -52.0 | 203 |
| Net income | 1,419 | 598 | 1,181 | 540 | 474 | 502 | 975 | -309 | 338 | 683 | -16.0 | 649 |
| Net income to common shareholders | 1,347 | 488 | 1,067 | 429 | 368 | 396 | 871 | -347 | 303 | 648 | -50.0 | 617 |
| Basic EPS | 0.54 | 0.20 | 0.44 | 0.18 | 0.15 | 0.17 | 0.37 | -0.15 | 0.13 | 0.28 | -0.01 | 1,402.02 |
| Diluted EPS | 0.51 | 0.19 | 0.41 | 0.16 | 0.14 | 0.15 | 0.34 | -0.15 | 0.12 | 0.25 | -0.01 | 1,391.00 |
| Average shares (basic) | 2,489 | 2,463 | 2,451 | 2,433 | 2,423 | 2,399 | 2,350 | 2,350 | 2,350 | 2,350 | 8,279 | 0.4 |
| Average shares (diluted) | 2,643 | 2,635 | 2,624 | 2,641 | 2,635 | 2,643 | 2,610 | 2,350 | 2,576 | 2,582 | 8,279 | 0.4 |
| Dividend per share | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | — | — | — | — | — | — |