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

Venture Global's (VG) quarterly Cost of Revenue came in at $270.0 million in Q1 2026, up 7.14% year-on-year from $252.0 million in Q1 2025, and down 86.85% sequentially from $2.1 billion in Q4 2025.

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

Venture Global's Cost of Revenue history runs 3 years deep, the most recent figure standing at $270.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 7.14% year-over-year to $270.0 million; the TTM figure through Mar 2026 stood at $4.0 billion (up 259.6% YoY), while the FY2025 annual figure was $5.9 billion, up 338.19% from the prior year.
  • Cost of Revenue came in at $270.0 million for Q1 2026 at Venture Global, down 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.
  • The 3-year median for Cost of Revenue is $300.0 million (2024), against an average of $606.9 million.
  • Peak annual rise in Cost of Revenue reached 396.14% in 2025, while the deepest fall reached 30.96% in 2025.
  • A 3-year view of Cost of Revenue shows it stood at $414.0 million in 2024, then surged by 396.14% to $2.1 billion in 2025, then tumbled by 86.85% to $270.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn 9.60 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.75 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 21.15 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 2.39 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 498.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.05 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 2.76 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 270.00 Mn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 11.49 Bn

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