Venture Global (VG) Cost of Revenue (2024 - 2026)

Venture Global (VG) reported Cost of Revenue of $270.0 million for Q1 2026, up 7.14% year-over-year from $252.0 million in Q1 2025, and down 86.85% quarter-over-quarter from $2.1 billion in Q4 2025.

Venture Global (VG) Cost of Revenue (2024 - 2026) Analysis & Trends

Venture Global (VG) has 3 years of Cost of Revenue data on file, last reported at $270.0 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $270.0 million, up 7.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 259.6% YoY), and the FY2025 annual result was $5.9 billion, up 338.19% from the prior year.
  • Cost of Revenue slipped to $270.0 million in Q1 2026 per VG's latest filing, from $2.1 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $2.1 billion in Q4 2025 and troughed at $143.0 million in Q3 2024.
  • A 3-year average of $606.9 million and a median of $300.0 million in 2024 frame the typical range for Cost of Revenue.
  • On a YoY basis, Cost of Revenue climbed as much as 396.14% in 2025 and fell as far as 30.96% in 2025.
  • A 3-year view of Cost of Revenue shows it stood at $414.0 million in 2024, then jumped by 396.14% to $2.1 billion in 2025, then slumped by 86.85% to $270.0 million in 2026.
  • Business Quant data shows VG's Cost of Revenue at $270.0 million in Q1 2026, $2.1 billion in Q4 2025, and $245.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Enbridge 89.89 Bn 90.59 Bn 6.70 Bn 9.60 Bn
2 Enterprise Products Partners 82.10 Bn 80.95 Bn - -
3 Kinder Morgan 70.96 Bn 72.04 Bn 3.08 Bn 1.75 Bn
4 Energy Transfer 65.68 Bn 64.96 Bn 6.62 Bn 21.15 Bn
5 Scorpio Tankers 59.56 Bn 58.58 Bn - 68.80 Mn
6 Targa Resources 58.53 Bn 58.56 Bn 1.70 Bn 2.39 Bn
7 Oneok 57.23 Bn 57.10 Bn 2.57 Bn 7.05 Bn
8 Mplx 57.20 Bn 55.69 Bn 2.54 Bn 498.00 Mn
9 Tc Energy 51.34 Bn 52.53 Bn 2.95 Bn 39.44 Mn
10 Venture Global 32.76 Bn 32.70 Bn 4.33 Bn 270.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 270.00 Mn
Mar 31, 2026 270.00 Mn
Dec 31, 2025 2.05 Bn
Dec 31, 2025 2.05 Bn
Sep 30, 2025 245.00 Mn
Sep 30, 2025 245.00 Mn
Jun 30, 2025 1.42 Bn
Jun 30, 2025 1.42 Bn
Mar 31, 2025 252.00 Mn
Mar 31, 2025 252.00 Mn
Dec 31, 2024 414.00 Mn
Dec 31, 2024 414.00 Mn
Sep 30, 2024 143.00 Mn
Sep 30, 2024 143.00 Mn
Jun 30, 2024 300.00 Mn
Jun 30, 2024 300.00 Mn
Mar 31, 2024 365.00 Mn
Mar 31, 2024 365.00 Mn