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| Date | Value |
|---|---|
| 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 |