The financials
Venture Global, Inc. by the numbers
Venture Global, Inc. (VG) reported revenue of $4.58B in Q2 2026 (quarter ended June 30, 2026), up 48% from the same quarter a year earlier. That came with a gross margin of 64% and net income of $1.42B (31% of revenue). For the full year FY2025, revenue was $13.8B (+177% year on year) and net income $2.73B. Its largest segment in 2026-Q2 was Plaquemines Project at $3.77B, 84% of the disclosed total, just ahead of Calcasieu Project at 16%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $4.58B | $3.10B | +48% |
| Gross profit | $2.92B | $1.68B | +73% |
| Operating income | $2.19B | $1.04B | +111% |
| Net income | $1.42B | $475M | +198% |
| Diluted EPS | $0.51 | $0.14 | +264% |
| Operating | Revenue | Share |
|---|---|---|
| Plaquemines Project | $3.77B | 84% |
| Calcasieu Project | $717M | 16% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $4.48B (+0.11%)
Plaquemines Project grew +80% year on yearCalcasieu Project -23% year on year
Segment Latestquarter on quarteryear on year
- Plaquemines Project$3.77B$3.77BQoQ +11%year on year +80%+11%+80%
- Calcasieu Project$717.0M$717.0MQoQ -34%year on year -23%-34%-23%
- CP2 Project$0.00$0.00QoQ -year on year ---
- Direct Sales And Shipping--QoQ -year on year ---
Oil & Gas Midstream
Ranks #10 of 27 by Smart Score