Venture Global (VG) Operating Expenses (2024 - 2026)

Venture Global's (VG) quarterly Operating Expenses came in at $3.4 billion in Q1 2026, up 90.08% year-on-year from $1.8 billion in Q1 2025, and up 26.44% on a QoQ basis from $2.7 billion in Q4 2025.

Venture Global (VG) Operating Expenses (2024 - 2026) Analysis & Trends

Venture Global (VG) has 3 years of Operating Expenses data on file, last reported at $3.4 billion in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 90.08% year-over-year to $3.4 billion in Q1 2026; TTM through Mar 2026 was $10.2 billion, a 142.48% increase from a year earlier, with the FY2025 full-year figure at $8.6 billion, up 168.4% from the prior year.
  • Operating Expenses for Q1 2026 stood at $3.4 billion, up from $2.7 billion in the prior quarter.
  • Over the last five years, Operating Expenses for VG reached as high as $3.4 billion in Q1 2026 and fell as low as $737.0 million in Q3 2024.
  • Historically, Operating Expenses has averaged $1.7 billion across 3 years, with a median of $1.8 billion in 2025.
  • Across the five-year window, Operating Expenses soared 193.23% in 2025 and soared 90.08% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $930.0 million in 2024, then jumped by 193.23% to $2.7 billion in 2025, then advanced by 26.44% to $3.4 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $3.4 billion in Q1 2026, $2.7 billion in Q4 2025, and $2.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Venture Global 37.29 Bn 38.84 Bn 1.82 Bn 3.45 Bn

Historic Data

Download Data
DateValue
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