VG
Venture Global, Inc.
NYSE: VG · ENERGY · OIL & GAS MIDSTREAM
$13.16
+8.22% today
Updated 2026-04-29
Market cap
$32.67B
P/E ratio
14.30
P/S ratio
2.37x
EPS (TTM)
$0.92
Dividend yield
0.55%
52W range
$6 – $19
Volume
28.2M
Venture Global, Inc. (VG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0.00 | $6.45B | $7.90B | $4.97B | $13.77B |
| Revenue growth (YoY) | — | — | +22.5% | -37.0% | +176.9% |
| Cost of revenue | $6.00M | $2.25B | $1.68B | $1.67B | $6.98B |
| Gross profit | $-6.00M | $4.20B | $6.21B | $3.30B | $6.79B |
| Gross margin | — | 65.1% | 78.7% | 66.4% | 49.3% |
| R&D | $188.00M | $311.00M | $490.00M | $635.00M | $344.00M |
| SG&A | $89.00M | $191.00M | $224.00M | $312.00M | $433.00M |
| Operating income | $-337.00M | $3.56B | $4.85B | $1.76B | $5.03B |
| Operating margin | — | 55.1% | 61.4% | 35.5% | 36.6% |
| EBITDA | $-371.00M | $4.29B | $5.35B | $3.09B | $5.97B |
| EBITDA margin | — | 66.6% | 67.7% | 62.1% | 43.4% |
| EBIT | $-384.00M | $4.14B | $5.07B | $2.77B | $5.03B |
| Interest expense | $52.00M | $592.00M | $641.00M | $584.00M | $1.45B |
| Income tax | — | $447.00M | $816.00M | $437.00M | — |
| Effective tax rate | 0.0% | 19.4% | 23.3% | 22.1% | 0.0% |
| Net income | $-356.00M | $1.86B | $2.68B | $1.54B | $2.70B |
| Net income growth (YoY) | — | +621.9% | +44.3% | -42.4% | +74.8% |
| Profit margin | — | 28.8% | 33.9% | 31.0% | 19.6% |