# VENTURE GLOBAL, INC. (VG) FY2026 Q1 P&L / Income Statement

- Company: VENTURE GLOBAL, INC. (VG)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-05-12, accession number 0002007855-26-000040
- Page: https://plicit.ai/financials/vg/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/vg-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **REVENUE**: 4,599,000,000 US dollars
- **Cost of revenue (calculated)**: 2,784,000,000 US dollars
- **Gross profit (calculated)**: 1,815,000,000 US dollars
- **Operating expenses (calculated)**: 664,000,000 US dollars
- **INCOME FROM OPERATIONS**: 1,151,000,000 US dollars
- **Total other expense**: negative 415,000,000 US dollars
- **INCOME BEFORE INCOME TAX EXPENSE**: 736,000,000 US dollars
- **Income tax expense**: 111,000,000 US dollars
- **NET INCOME**: 625,000,000 US dollars
- **LNG revenue**: 4,575,000,000 US dollars
- **Other revenue**: 24,000,000 US dollars
- **Cost of sales (exclusive of depreciation and amortization shown separately below)**: 2,784,000,000 US dollars
- **Operating and maintenance expense**: 270,000,000 US dollars
- **General and administrative expense**: 97,000,000 US dollars
- **Development expense**: 46,000,000 US dollars
- **Depreciation and amortization**: 251,000,000 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/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/vg-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **REVENUE**: 4,599,000,000 US dollars
- **Cost of revenue (calculated)**: 2,784,000,000 US dollars
- **Gross profit (calculated)**: 1,815,000,000 US dollars
- **Operating expenses (calculated)**: 664,000,000 US dollars
- **INCOME FROM OPERATIONS**: 1,151,000,000 US dollars
- **Total other expense**: negative 415,000,000 US dollars
- **INCOME BEFORE INCOME TAX EXPENSE**: 736,000,000 US dollars
- **Income tax expense**: 111,000,000 US dollars
- **NET INCOME**: 625,000,000 US dollars
- **Calcasieu Project**: 1,085,000,000 US dollars
- **Plaquemines Project**: 3,393,000,000 US dollars
- **CP2 Project**: 0 US dollars
- **Sales and Shipping**: 818,000,000 US dollars
- **Cost of sales (exclusive of depreciation and amortization shown separately below)**: 2,784,000,000 US dollars
- **Operating and maintenance expense**: 270,000,000 US dollars
- **General and administrative expense**: 97,000,000 US dollars
- **Development expense**: 46,000,000 US dollars
- **Depreciation and amortization**: 251,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 5,296,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate, other and eliminations**: negative 697,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Calcasieu Project costs**: 903,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Plaquemines Project costs**: 2,352,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **CP2 Project costs**: 50,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Sales and Shipping costs**: 719,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: negative 576,000,000 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.