Venture Global, Inc. (VG)
NYSE: VG · Natural Gas Distribution · Arlington, VA · filing with the SEC since 2024
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Report filed | Mar 2, 2026 | Mar 6, 2025 | · |
| Revenue | 13,769 | 4,972 | 7,897 |
| Cost of revenue | 5,920 | 1,351 | 1,684 |
| Research and development | 344 | 635 | 490 |
| General and administrative | 433 | 312 | 224 |
| Total costs and expenses | 8,613 | 3,209 | 3,047 |
| Operating income | 5,156 | 1,763 | 4,850 |
| Interest expense | 1,454 | 584 | 641 |
| Interest and investment income | 151 | 244 | 172 |
| Total non-operating income (expense) | -1,793 | 420 | -418 |
| Income before income taxes | 3,363 | 2,183 | 4,432 |
| Income tax expense | 630 | 437 | 816 |
| Net income including non-controlling interests | 2,733 | 1,746 | 3,616 |
| Preferred dividends | 270 | 68 | 0 |
| Net income to common shareholders | 2,260 | 1,475 | 2,681 |
| Earnings per share, basic | 0.93 | 0.63 | 1.30 |
| Earnings per share, diluted | 0.86 | 0.57 | 1.25 |
| Weighted average shares, basic | 2,426 | 2,350 | 2,070 |
| Weighted average shares, diluted | 2,635 | 2,585 | 2,143 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InterestIncomeOtherTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossPreferred dividends paid to preferred holders before common shareholders
us-gaap:PreferredStockDividendsIncomeStatementImpactNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding