Venture Global (VG) Operating Expenses (2024 - 2026)
Venture Global's (VG) quarterly Operating Expenses came in at $2.4 billion in Q2 2026, up 15.85% year-over-year from $2.1 billion in Q2 2025, and down 30.68% quarter-over-quarter from $3.4 billion in Q1 2026.
Analysis
Venture Global (VG) Operating Expenses (2024 - 2026) Analysis & Trends
Venture Global (VG) has reported Operating Expenses for 3 consecutive years, with $2.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 15.85% year-over-year to $2.4 billion in Q2 2026; TTM through Jun 2026 was $10.6 billion, a 90.73% increase from a year earlier, with the FY2025 full-year figure at $8.6 billion, up 168.4% from the prior year.
- Operating Expenses was $2.4 billion for Q2 2026 at Venture Global, down from $3.4 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.4 billion in Q1 2026 and troughed at $737.0 million in Q3 2024.
- A 3-year average of $1.8 billion and a median of $1.9 billion in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 193.23% in 2025 and climbed 15.85% in 2026, its largest moves.
- Over 3 years, Operating Expenses stood at $930.0 million in 2024, then soared by 193.23% to $2.7 billion in 2025, then slipped by 12.36% to $2.4 billion in 2026.
- The last three Operating Expenses figures came in at $2.4 billion (Q2 2026), $3.4 billion (Q1 2026), and $2.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 1.44 Bn |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 2.39 Bn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 1.24 Bn |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | -67.54 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | 248.37 Mn |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | 54.57 Mn |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 16.70 Mn |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | 461.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.39 Bn |
| Mar 31, 2026 | 3.45 Bn |
| Dec 31, 2025 | 2.73 Bn |
| Sep 30, 2025 | 2.01 Bn |
| Jun 30, 2025 | 2.06 Bn |
| Mar 31, 2025 | 1.81 Bn |
| Dec 31, 2024 | 930.00 Mn |
| Sep 30, 2024 | 737.00 Mn |
| Jun 30, 2024 | 745.00 Mn |
| Mar 31, 2024 | 797.00 Mn |