Venture Global reported FY 2025 revenue of USD 13.8 billion (+177%) and income from operations of USD 5.2 billion (+192%), with net income of USD 2.7 billion (+57%) and net income attributable to common stockholders of USD 2.3 billion (+53%). Total operating expense was USD 8.6 billion (+168%), including cost of sales of USD 5.9 billion, operating and maintenance expense of USD 975 million (+66%), and depreciation and amortization of USD 941 million (+192%). Net cash from operating activities was USD 6.6 billion (+206%). The company exported 380 LNG cargos (1,415.4 TBtu) and sold 1,408.8 TBtu of LNG at a weighted average price of USD 9.80 per MMBtu. Operationally, the Plaquemines Project ramp-up following first LNG production in December 2024 drove results; it exported 234 cargos (876.1 TBtu) in FY 2025 and generated segment income from operations of USD 4.2 billion (from a loss). The Calcasieu Project declared commercial operations on April 15, 2025 and exported 146 cargos (539.3 TBtu) in FY 2025; segment income from operations was USD 1.3 billion (-53%), with the company citing lower post-COD sales prices and higher feed gas costs. Venture Global also said it began site work on the CP2 Project in June 2025, reached FID for Phase 1 in July 2025 and secured USD 15.1 billion of project financing; CP2 segment loss from operations was USD 278 million (-44%). The sales and shipping business became a reportable segment in 2025 and posted income from operations of USD 248 million (from a loss), as the owned LNG tanker fleet expanded to seven vessels by year-end after taking delivery of four tankers in 2025; the company transported 61 cargos using its tankers during the year. Venture Global also highlighted a January 2025 IPO raising USD 1.7 billion in net proceeds and a new USD 2.0 billion VGLNG revolving credit facility entered in November 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Venture Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002007855-26-000013), on March 02, 2026, and is solely responsible for the information contained therein.