Venture Global (VG) Cost of Revenue (2024 - 2026)
Venture Global's (VG) quarterly Cost of Revenue came in at $2.8 billion in Q1 2026, up 1004.76% year-on-year from $252.0 million in Q1 2025, and up 196.3% on a QoQ basis from -$2.9 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 $2.8 billion in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 1004.76% year-over-year to $2.8 billion in Q1 2026; TTM through Mar 2026 was $2.7 billion, a 61.87% increase from a year earlier, with the FY2025 full-year figure at $975.0 million, down 27.83% from the prior year.
- Cost of Revenue for Q1 2026 stood at $2.8 billion, up from -$2.9 billion in the prior quarter.
- Over the last five years, Cost of Revenue for VG reached as high as $2.8 billion in Q1 2026 and fell as low as -$2.9 billion in Q4 2025.
- Historically, Cost of Revenue has averaged $497.4 million across 3 years, with a median of $300.0 million in 2024.
- Across the five-year window, Cost of Revenue slumped 397.12% in 2025 and soared 1004.76% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $973.0 million in 2024, then slumped by 397.12% to -$2.9 billion in 2025, then soared by 196.3% to $2.8 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $2.8 billion in Q1 2026, -$2.9 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,943.60 Bn | 2,943.47 Bn | 167.16 Mn | 19.13 Mn |
| 2 | Flex LNG | 1,649.28 Bn | 1,648.89 Bn | 61.79 Mn | 18.67 Mn |
| 3 | Enbridge | 120.97 Bn | 119.64 Bn | 6.70 Bn | 9.60 Bn |
| 4 | Kinder Morgan | 112.45 Bn | 112.33 Bn | 3.07 Bn | 1.41 Bn |
| 5 | Enterprise Products Partners | 82.58 Bn | 81.38 Bn | - | - |
| 6 | Tc Energy | 71.17 Bn | 65.47 Bn | 1.36 Bn | 39.44 Mn |
| 7 | Energy Transfer | 68.75 Bn | 67.78 Bn | 6.62 Bn | 21.15 Bn |
| 8 | Mplx | 59.29 Bn | 57.78 Bn | 1.95 Bn | 402.00 Mn |
| 9 | Targa Resources | 57.65 Bn | 57.55 Bn | 1.70 Bn | 2.39 Bn |
| 10 | Venture Global | 31.44 Bn | 29.51 Bn | 1.82 Bn | 2.78 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.78 Bn |
| Mar 31, 2026 | 2.78 Bn |
| Dec 31, 2025 | -2.89 Bn |
| Dec 31, 2025 | -2.89 Bn |
| Sep 30, 2025 | 1.39 Bn |
| Sep 30, 2025 | 1.39 Bn |
| 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 | 973.00 Mn |
| Dec 31, 2024 | 973.00 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 | 109.00 Mn |
| Mar 31, 2024 | 109.00 Mn |