For the year ending 2025-12-31, VG made $13,769M in revenue. $2,260M in net income. Net profit margin of 16.41%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Revenue | 13,769 | |||
| Cost of sales (exclusive of depreciation and amortization shown separately below) | 5,920 | |||
| Operating and maintenance expense | 975 | |||
| General and administrative expense | 433 | |||
| Development expense | 344 | |||
| Depreciation and amortization | 941 | |||
| Insurance recoveries, net | 0 | |||
| Total operating expense | 8,613 | |||
| Income from operations | 5,156 | |||
| Interest income | 151 | |||
| Interest expense, net | 1,454 | |||
| Gain (loss) on interest rate swaps | -220 | |||
| Loss on financing transactions | -267 | |||
| Loss on foreign currency transactions | -3 | |||
| Total other income (expense) | -1,793 | |||
| Income before income tax expense | 3,363 | |||
| Us federal statutory tax | 706 | |||
| State and local income taxes, net of federal income tax effect | -14 | |||
| Other foreign jurisdictions | -7 | |||
| Foreign derived intangible income | 0 | |||
| Other | 5 | |||
| Research and development tax credits | 12 | |||
| Changes in valuation allowance | 5 | |||
| Stock options | -82 | |||
| Other | 24 | |||
| Changes in unrecognized tax benefits | 5 | |||
| Income tax expense | 630 | |||
| Net income | 2,733 | |||
| Less net income attributable to redeemable stock of subsidiary | 167 | |||
| Less net income attributable to non-controlling interests | 36 | |||
| Less dividends on vglng series a preferred shares | 270 | |||
| Net income attributable to common stockholders, basic | 2,260 | |||
| Basic EPS | 0.93 | |||
| Diluted EPS | 0.86 | |||
| Basic Average Shares | 2,426,000,000 | |||
| Diluted Average Shares | 2,635,000,000 | |||
Venture Global, Inc. (VG)
Venture Global, Inc. (VG)