For the quarter ending 2026-03-31, VG made $4,599M in revenue. $488M in net income. Net profit margin of 10.61%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 4,599 | 4,445 | 3,329 | 3,101 |
| Cost of sales (exclusive of depreciation and amortization shown separately below) | 2,784 | 2,054 | 1,388 | 1,419 |
| Operating and maintenance expense | 270 | 261 | 245 | 217 |
| Calcasieu Project Segment-Operating Segments | 4 | - | - | - |
| Operating Segments-Plaquemines Project Segment | 17 | - | - | - |
| CP2Project Segment-Operating Segments | 16 | - | - | - |
| Corporate Reconciling Items And Eliminations | 59 | - | - | - |
| General and administrative expense | 97 | 120 | 105 | 103 |
| Development expense | 46 | 52 | 53 | 57 |
| Depreciation and amortization | 251 | 240 | 218 | 267 |
| Insurance recoveries, net | - | 0 | - | - |
| Total operating expense | 3,448 | 2,727 | 2,009 | 2,063 |
| Income from operations | 1,151 | 1,718 | 1,320 | 1,038 |
| Interest income | 28 | 30 | 27 | 38 |
| Interest expense, net | 444 | 447 | 421 | 310 |
| Loss (gain) on interest rate swaps | 15 | 220* | -144 | -112 |
| Loss on financing transactions | -13 | -63 | -141 | -63 |
| Gain on foreign currency transactions | -1 | 9* | -4 | - |
| Total other expense | -415 | -251 | -683 | -447 |
| Income before income tax expense | 736 | 1,467 | 637 | 591 |
| Us federal statutory tax | - | 295* | - | - |
| State and local income taxes, net of federal income tax effect | - | -3* | - | - |
| Other foreign jurisdictions | - | -2* | - | - |
| Foreign derived intangible income | - | 0* | - | - |
| Other | - | 1* | - | - |
| Research and development tax credits | - | 3* | - | - |
| Changes in valuation allowance | - | 1* | - | - |
| Stock options | - | -20* | - | - |
| Other | - | 6* | - | - |
| Changes in unrecognized tax benefits | - | 1* | - | - |
| Income tax expense | 111 | 276 | 87 | 116 |
| Net income | 625 | 1,191 | 550 | 475 |
| Less net income attributable to redeemable stock of subsidiary | 42 | 46 | 44 | 39 |
| Less net income attributable to non-controlling interests | 27 | 10 | 10 | 1 |
| Less dividends on vglng series a preferred shares | 68 | 68 | 67 | 67 |
| Net income attributable to common stockholders, basic | - | 1,067 | - | 368 |
| Net income attributable to common stockholders, diluted | 488 | - | 429 | - |
| Basic EPS | 0.2 | 0.436 | 0.18 | 0.15 |
| Diluted EPS | 0.19 | 0.407 | 0.16 | 0.14 |
| Basic Average Shares | 2,463,000,000 | 2,449,000,000 | 2,433,000,000 | 2,423,000,000 |
| Diluted Average Shares | 2,635,000,000 | 2,621,000,000 | 2,641,000,000 | 2,635,000,000 |
Venture Global, Inc. (VG)
Venture Global, Inc. (VG)