VENTURE GLOBAL, INC. (VG) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Business Segment
2026-04-01 to 2026-06-30
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VENTURE GLOBAL, INC. (VG) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- REVENUE
- 4,578,000,000 US dollars
- Cost of revenue (calculated)
- 1,660,000,000 US dollars
- Gross profit (calculated)
- 2,918,000,000 US dollars
- Operating expenses (calculated)
- 730,000,000 US dollars
- INCOME FROM OPERATIONS
- 2,188,000,000 US dollars
- Total other expense
- negative 435,000,000 US dollars
- INCOME BEFORE INCOME TAX EXPENSE
- 1,753,000,000 US dollars
- Income tax expense
- 336,000,000 US dollars
- NET INCOME
- 1,417,000,000 US dollars
- Calcasieu Project
- 717,000,000 US dollars
- Plaquemines Project
- 3,766,000,000 US dollars
- CP2 Project
- 0 US dollars
- Sales and shipping
- 1,843,000,000 US dollars
- Cost of sales (exclusive of depreciation and amortization shown separately below)
- 1,660,000,000 US dollars
- Operating and maintenance expense
- 335,000,000 US dollars
- General and administrative expense
- 112,000,000 US dollars
- Development expense
- 23,000,000 US dollars
- Depreciation and amortization
- 260,000,000 US dollars
- Revenue before reconciliation (calculated)
- 6,326,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Corporate, other and eliminations
- negative 1,748,000,000 US dollars. Reported reconciliation to consolidated revenue.
- Calcasieu Project costs
- 650,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Plaquemines Project costs
- 1,554,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- CP2 Project costs
- 55,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Sales and shipping costs
- 1,632,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Reconciling items (calculated)
- negative 1,501,000,000 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.

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Gross margin
63.7%
Gross profit / revenue
Operating margin
47.8%
Operating profit / revenue
Cash conversion
146.2%
Operating cash / net income, same period
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