Venture Global (VG) Operating Expenses (2024 - 2026)
Venture Global's Operating Expenses came in at $2.39 billion for Q2 2026, up 15.9% from $2.06 billion a year earlier but down 30.7% from the prior quarter.
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Analysis
Venture Global (VG) Operating Expenses (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Venture Global reported Operating Expenses of $10.57 billion, up 90.7% year-over-year; for FY2025, it was $8.61 billion, up 168.4% from FY2024.
- Going back by year, Operating Expenses was $3.21 billion in FY2024 (+5.3%) and $3.05 billion in FY2023.
- The five-year range for quarterly Operating Expenses is $737 million (Q3 2024) to $3.45 billion (Q1 2026).
- Year-over-year, Operating Expenses has increased for six consecutive quarters, with growth averaging 129.4% over the last six quarters.
- Business Quant data shows VG's Operating Expenses at $3.45 billion (Q1 2026), $2.73 billion (Q4 2025) and $2.01 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 19.09 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 16.13 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 30.76 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 3.13 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | -1.06 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 354.10 Mn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.93 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 4.00 Mn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 2.39 Bn |
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 |
API Access
Venture Global Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();