Venture Global (VG) Cost of Revenue (2024 - 2026)
Venture Global (VG) recorded Cost of Revenue of $1.66 billion in Q2 2026, up 17.0% from $1.42 billion a year earlier but down 40.4% from the prior quarter.
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Venture Global (VG) Cost of Revenue (2024 - 2026) Analysis & Trends
On a TTM basis, Venture Global's Cost of Revenue came in at $7.89 billion as of Jun 30, 2026, up 149.2% year-over-year; for FY2025, it came in at $5.92 billion, up 338.2% from FY2024.
- Across earlier years, Cost of Revenue came in at $1.35 billion in FY2024 (-19.8%) and $1.68 billion in FY2023.
- Quarterly Cost of Revenue has ranged from $272 million in Q3 2024 to $2.78 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Cost of Revenue has increased for six consecutive quarters, with growth averaging 258.2% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $2.78 billion (Q1 2026), $2.05 billion (Q4 2025) and $1.39 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 16.35 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 515.00 Mn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.41 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 52.77 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 2.30 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 405.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Venture Global | 32.66 Bn | 27.21 Bn | 2.92 Bn | 1.66 Bn |
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 |
API Access
Venture Global Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();