# VENTURE GLOBAL, INC. (VG) FY2025 Annual P&L / Income Statement - Company: VENTURE GLOBAL, INC. (VG) - Period: 2025-01-01 to 2025-12-31 - Filing: FY2025 10-K, filed 2026-03-02, accession number 0002007855-26-000013 - Page: https://plicit.ai/financials/vg/fy2025-annual-income-statement - Chart image: https://plicit.ai/charts/vg-fy2025-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **REVENUE**: 13,769,000,000 US dollars - **Cost of revenue (calculated)**: 5,920,000,000 US dollars - **Gross profit (calculated)**: 7,849,000,000 US dollars - **Operating expenses (calculated)**: 2,693,000,000 US dollars - **INCOME FROM OPERATIONS**: 5,156,000,000 US dollars - **Total other income (expense)**: negative 1,793,000,000 US dollars - **INCOME BEFORE INCOME TAX EXPENSE**: 3,363,000,000 US dollars - **Income tax expense**: 630,000,000 US dollars - **NET INCOME**: 2,733,000,000 US dollars - **LNG revenue**: 13,687,000,000 US dollars - **Other revenue**: 82,000,000 US dollars - **Cost of sales (exclusive of depreciation and amortization shown separately below)**: 5,920,000,000 US dollars - **Operating and maintenance expense**: 975,000,000 US dollars - **General and administrative expense**: 433,000,000 US dollars - **Development expense**: 344,000,000 US dollars - **Depreciation and amortization**: 941,000,000 US dollars - **Insurance recoveries, net**: 0 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/vg/fy2025-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/vg-fy2025-annual-revenue-by-business-segment-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **REVENUE**: 13,769,000,000 US dollars - **Cost of revenue (calculated)**: 5,920,000,000 US dollars - **Gross profit (calculated)**: 7,849,000,000 US dollars - **Operating expenses (calculated)**: 2,693,000,000 US dollars - **INCOME FROM OPERATIONS**: 5,156,000,000 US dollars - **Total other income (expense)**: negative 1,793,000,000 US dollars - **INCOME BEFORE INCOME TAX EXPENSE**: 3,363,000,000 US dollars - **Income tax expense**: 630,000,000 US dollars - **NET INCOME**: 2,733,000,000 US dollars - **Calcasieu Project**: 4,125,000,000 US dollars - **Plaquemines Project**: 9,175,000,000 US dollars - **CP2 Project**: 1,000,000 US dollars - **Sales and Shipping**: 2,518,000,000 US dollars - **Cost of sales (exclusive of depreciation and amortization shown separately below)**: 5,920,000,000 US dollars - **Operating and maintenance expense**: 975,000,000 US dollars - **General and administrative expense**: 433,000,000 US dollars - **Development expense**: 344,000,000 US dollars - **Depreciation and amortization**: 941,000,000 US dollars - **Insurance recoveries, net**: 0 US dollars - **Revenue before reconciliation (calculated)**: 15,819,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Corporate, other and eliminations**: negative 2,050,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Calcasieu Project costs**: 2,809,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Plaquemines Project costs**: 4,947,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **CP2 Project costs**: 279,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Sales and Shipping costs**: 2,270,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: negative 1,692,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/vg/fy2025-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/vg-fy2025-annual-revenue-by-geography-sankey.png Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **REVENUE**: 13,769,000,000 US dollars - **Cost of revenue (calculated)**: 5,920,000,000 US dollars - **Gross profit (calculated)**: 7,849,000,000 US dollars - **Operating expenses (calculated)**: 2,693,000,000 US dollars - **INCOME FROM OPERATIONS**: 5,156,000,000 US dollars - **Total other income (expense)**: negative 1,793,000,000 US dollars - **INCOME BEFORE INCOME TAX EXPENSE**: 3,363,000,000 US dollars - **Income tax expense**: 630,000,000 US dollars - **NET INCOME**: 2,733,000,000 US dollars - **UNITED STATES**: 11,375,000,000 US dollars - **GERMANY**: 772,000,000 US dollars - **FRANCE**: 682,000,000 US dollars - **NETHERLANDS**: 456,000,000 US dollars - **UNITED KINGDOM**: 164,000,000 US dollars - **Other**: 320,000,000 US dollars - **Cost of sales (exclusive of depreciation and amortization shown separately below)**: 5,920,000,000 US dollars - **Operating and maintenance expense**: 975,000,000 US dollars - **General and administrative expense**: 433,000,000 US dollars - **Development expense**: 344,000,000 US dollars - **Depreciation and amortization**: 941,000,000 US dollars - **Insurance recoveries, net**: 0 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.