Venture Global (VG) Cost of Revenue (2024 - 2026)
Venture Global's (VG) quarterly Cost of Revenue came in at $1.7 billion in Q2 2026, up 16.98% year-over-year from $1.4 billion in Q2 2025, and down 40.37% quarter-over-quarter from $2.8 billion in Q1 2026.
Analysis
Venture Global (VG) Cost of Revenue (2024 - 2026) Analysis & Trends
Venture Global (VG) has reported Cost of Revenue for 3 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 16.98% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $7.9 billion, a 149.24% increase from a year earlier, with the FY2025 full-year figure at $5.9 billion, up 338.19% from the prior year.
- Cost of Revenue was $1.7 billion for Q2 2026 at Venture Global, down from $2.8 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.8 billion in Q1 2026 and troughed at $272.0 million in Q3 2024.
- A 3-year average of $1.2 billion and a median of $1.2 billion in 2025 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 410.29% in 2025 and rose 16.98% in 2026, its largest moves.
- Over 3 years, Cost of Revenue stood at $414.0 million in 2024, then soared by 396.14% to $2.1 billion in 2025, then declined by 19.18% to $1.7 billion in 2026.
- The last three Cost of Revenue figures came in at $1.7 billion (Q2 2026), $2.8 billion (Q1 2026), and $2.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 439.00 Mn |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 1.66 Bn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 765.00 Mn |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | 42.17 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | 56.08 Mn |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | - |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 9.57 Mn |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | 210.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.66 Bn |
| Mar 31, 2026 | 2.78 Bn |
| Dec 31, 2025 | 2.05 Bn |
| Sep 30, 2025 | 1.39 Bn |
| Jun 30, 2025 | 1.42 Bn |
| Mar 31, 2025 | 1.06 Bn |
| Dec 31, 2024 | 414.00 Mn |
| Sep 30, 2024 | 272.00 Mn |
| Jun 30, 2024 | 300.00 Mn |
| Mar 31, 2024 | 365.00 Mn |