Inferra AI / Company / VG
Venture Global
VG · Energy
Last earnings Aug 11, 2026
Important announcements
Key results
Generated revenuequarter
$3.1 billion
Generated revenue of approximately $3.1 billion (an increase of 180% from Q2 2024), income from operations of approximately $1.0 billion (an increase of 186% from Q2 2024), net income (1) of approximately $0.4 billion (an increase of 21% from Q2 2024)
SEC original ↗Venture Global — Earnings release (8-K exhibit)EX-99Aug 12, 2025
Net incomequarter
$0.4 billion
Generated revenue of approximately $3.1 billion (an increase of 180% from Q2 2024), income from operations of approximately $1.0 billion (an increase of 186% from Q2 2024), net income (1) of approximately $0.4 billion (an increase of 21% from Q2 2024)
SEC original ↗Venture Global — Earnings release (8-K exhibit)EX-99Aug 12, 2025
AI analysis
Q2 2025 · reported Aug 12, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Generated revenue | $3.1 billion | — | — |
| Net income | $0.4 billion | — | — |
Guidance · company-stated
Direction: Reiterated
“Consolidated Adjusted EBITDA (2) guidance of $6.4 billion - $6.8 billion remains unchanged relative to our Q1 2025 update as we continue to contract available commissioning cargos through the remainder of 2025 and into 2026.”
“2 Updated 2025 Outlook Our updated guidance for 2025 is as follows Consolidated Adjusted EBITDA (1) guidance for the full year 2025 is unchanged from $6.4 billion - $6.8 billion.”
“Consequently, we assume a fixed liquefaction fee range of $6.00 MMBtu - $7.00 MMBtu for our remaining unsold cargos in 2025 in support of our reiterated guidance, reflecting market forward prices and recently executed cargo sales.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Construction term loans The following table summarizes the commitments and available capacity under project construction term loan facilities which have not been fully drawn as of June 30, 2026.
CP2 Construction Term Loan Blackfin TLA Facility VG Shipping Facility Total commitments $ 19,100 $ 425 $ 1,500 Less: Outstanding balances 7,520 145 1,155 Available commitments $ 11,580 $ 280 $ 345 Working capital and revolving credit facilities The following table summarizes the commitments and available capacity under outstanding working capital and revolving credit facilities as of June 30, 2026.
Event summary
( Venture Global or we ) (NYSE VG) has reported financial results for the quarter ended June 30, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
Direction: Reiterated
Company outlook: “Consolidated Adjusted EBITDA (2) guidance of $6.4 billion - $6.8 billion remains unchanged relative to our Q1 2025 update as we continue to contract available commissioning cargos through the remainder of 2025 and into 2026.”
Company outlook: “2 Updated 2025 Outlook Our updated guidance for 2025 is as follows Consolidated Adjusted EBITDA (1) guidance for the full year 2025 is unchanged from $6.4 billion - $6.8 billion.”
Revenue: “Consequently, we assume a fixed liquefaction fee range of $6.00 MMBtu - $7.00 MMBtu for our remaining unsold cargos in 2025 in support of our reiterated guidance, reflecting market forward prices and recently executed cargo sales.”
Company outlook — Reiterated (“remains unchanged”)
“Consolidated Adjusted EBITDA (2) guidance of $6.4 billion - $6.8 billion remains unchanged relative to our Q1 2025 update as we continue to contract available commissioning cargos through the remainder of 2025 and into 2026.”
Company outlook — Reiterated (“unchanged”)
“2 Updated 2025 Outlook Our updated guidance for 2025 is as follows Consolidated Adjusted EBITDA (1) guidance for the full year 2025 is unchanged from $6.4 billion - $6.8 billion.”
Revenue — Reiterated (“reiterated”)
“Consequently, we assume a fixed liquefaction fee range of $6.00 MMBtu - $7.00 MMBtu for our remaining unsold cargos in 2025 in support of our reiterated guidance, reflecting market forward prices and recently executed cargo sales.”
Classified from the release's primary full-year outlook statement.
Capital allocation
Construction term loans The following table summarizes the commitments and available capacity under project construction term loan facilities which have not been fully drawn as of June 30, 2026.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
CP2 Construction Term Loan Blackfin TLA Facility VG Shipping Facility Total commitments $ 19,100 $ 425 $ 1,500 Less: Outstanding balances 7,520 145 1,155 Available commitments $ 11,580 $ 280 $ 345 Working capital and revolving credit facilities The following table summarizes the commitments and available capacity under outstanding working capital and revolving credit facilities as of June 30, 2026.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
VGLNG Revolving Credit Facility (a) Calcasieu Pass Working Capital Facility (b) Plaquemines Working Capital Facility (c) CP2 Working Capital Facility (d) Blackfin Working Capital Facility (e) Total commitments $ 2,000 $ 555 $ 2,100 $ 1,600 $ 75 Less: Outstanding balances 154 Letters of credit issued 201 998 257 Available commitments $ 2,000 $ 354 $ 948 $ 1,343 $ 75 Year of maturity 2030 2033 2029 2032 2030 ____________ (a) Secured on a pari passu basis by a first-priority security interest in the assets that secure the VGLNG Senior Secured Notes.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
(c) Secured on a pari passu basis by a first-priority security interest in the assets that secure the VGPL Senior Secured Notes and the Plaquemines Construction Term Loan, and guaranteed by Gator Express.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
(d) Secured on a pari passu basis by a first-priority security interest in the assets that secure the CP2 Construction Term Loan, and guaranteed by CP Express and CP2 Procurement.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Current year debt activity VGLNG Senior Secured Notes In June 2026, VGLNG, a wholly owned direct subsidiary of the Company, issued $ 2.25 billion aggregate principal amount of senior secured notes in two series: (i) $ 1.125 billion of 6.375 % senior secured notes due December 2034 (the "VGLNG 2034 Notes") and (ii) $ 1.125 billion of 6.625 % senior secured notes due June 2036 (the "VGLNG 2036 Notes").
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
Strategy & priorities
These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, expectations regarding the development, construction, commissioning and completion of our projects, expectations regarding sales of LNG cargos, estimates of the cost of our projects and schedule to construct and commission our projects, our anticipated growth strategies and anticipated trends impacting our business.
SEC original ↗Venture Global — Earnings release (8-K exhibit)EX-99Aug 12, 2025
These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, expectations regarding the development, construction, commissioning and completion of our projects, estimates of the cost of our projects and schedule to construct and commission our projects, our anticipated growth strategies and anticipated trends impacting our business.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
The Company is also developing expansion, or "bolt-on," projects at existing sites leveraging shared infrastructure under its standardized "design one, build many" development model.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
The Company's LNG projects include: Project Name Stage of Development Calcasieu Project Operating Plaquemines Project Construction and Commissioning Plaquemines Expansion Project Development CP2 Project Construction CP2 Expansion Project Development CP3 Project Development The Company is also developing and constructing complementary pipeline systems to support gas transportation for its LNG projects.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (b) Secured on a pari passu basis by a first-priority security interest in substantially all assets held by Venture Global Calcasieu Pass, LLC ("VGCP") and TransCameron Pipeline, LLC ( TCP ) and all membership interests in VGCP and TCP, and guaranteed by TCP.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
Risks & headwinds
These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, expectations regarding the development, construction, commissioning and completion of our projects, expectations regarding sales of LNG cargos, estimates of the cost of our projects and schedule to construct and commission our projects, our anticipated growth strategies and anticipated trends impacting our business.
SEC original ↗Venture Global — Earnings release (8-K exhibit)EX-99Aug 12, 2025
and any current or future retaliatory tariffs imposed by other countries, including China, on the U.
SEC original ↗Venture Global — Earnings release (8-K exhibit)EX-99Aug 12, 2025
For more information on these and other factors that could cause our results to differ materially from expected results, please refer to the risks and uncertainties discussed in our Annual Report on Form 10-K for the year ended December 31, 2024.
SEC original ↗Venture Global — Earnings release (8-K exhibit)EX-99Aug 12, 2025
Legal Proceedings 55 Item 1A.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our future financial performance, expectations regarding the development, construction, commissioning and completion of our projects, estimates of the cost of our projects and schedule to construct and commission our projects, our anticipated growth strategies and anticipated trends impacting our business.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
Given these uncertainties, you should not place undue reliance on these forward-looking statements.
SEC original ↗Venture Global — 10-Q Quarterly report10-QAug 11, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
47 documents- Q3 2026
- 8-KVG
Oct 15, 2026
- 8-KVG
Oct 8, 2026
- 8-KVG
Oct 7, 2026
- Q2 2026
- 8-KVG
Sep 2, 2026
- 8-KVG
Aug 11, 2026
- 10-QVG
Aug 11, 2026
- 8-KVG
Jul 8, 2026
- Q1 2026
- 8-KVG
Jun 26, 2026
- 8-KVG
Jun 11, 2026
- 8-KVG
Jun 2, 2026
- EX-99VG
Jun 2, 2026
- EX-99VG
Jun 2, 2026
- 8-KVG
Jun 1, 2026
- 8-KVG
May 29, 2026
- 8-KVG
May 12, 2026
- 10-QVG
May 12, 2026
- 8-KVG
Apr 23, 2026
- 8-KVG
Apr 10, 2026
- 8-KVG
Apr 9, 2026
- Q4 2025
- 8-KVG
Mar 26, 2026
- 8-KVG
Mar 13, 2026
- 8-KVG
Mar 2, 2026
- 10-KVG
Mar 2, 2026
- 8-KVG
Feb 2, 2026
- 8-KVG
Jan 21, 2026
- 8-KVG
Jan 12, 2026
- Q3 2025
- 8-KVG
Dec 9, 2025
- 8-KVG
Nov 10, 2025
- 10-QVG
Nov 10, 2025
- 8-KVG
Oct 9, 2025
- 8-KVG
Oct 6, 2025
- Q2 2025
- 8-KVG
Sep 29, 2025
- 10-QVG
Aug 12, 2025
- 8-KVG
Aug 12, 2025
- 8-KVG
Aug 12, 2025
- 8-KVG
Jul 29, 2025
- 8-KVG
Jul 7, 2025
- 8-KVG
Jul 3, 2025
- Q1 2025
- 8-KVG
May 21, 2025
- 10-QVG
May 13, 2025
- 8-KVG
May 13, 2025
- 8-KVG
May 1, 2025
- 8-KVG
Apr 21, 2025
- 8-KVG
Apr 3, 2025
- Q4 2024
- 10-KVG
Mar 6, 2025
- 8-KVG
Mar 6, 2025
- 8-KVG
Jan 27, 2025
Earnings releases
12 documentsPresentations
0 documentsNo presentations for Venture Global are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Venture Global are held in this edition of the library.
Mentioned by
4 companiesOther tracked companies whose held documents mention Venture Global by name or ticker. A mention is counted once per document, from the document text the library holds.
“awards to backlog. GTS signed a long-term services agreement to support Phases 1 and 2 of Venture Global’s Plaquemines… …provided in Table 1d in the section titled "Reconciliation of GAAP to non-GAAP Financial Measures." Capital expenditures, net of ”
“…Document Exhibit 99.1 Venture Global Announces Closing of $3,000,000,000 364-Day Senior Secured Revolving Credit Facility Arlington, Va. — Venture Global, Inc. (“Venture Global”) ann”
“cility; proceeds were used to redeem in full its redeemable preferred equity interests. ◦ Venture Global Shipping… …recent key financial milestones achieved during the second quarter through today include: ◦ Declared a dividend of $0.04 per share for”
Charles River Laboratories (CRL)
“…Venture Global LNG, Inc. for payments previously made by it or its affiliates in connection with the acquisition of nine LNG carriers, funding certain reserve a”
See also the earnings calendar for every tracked company’s next earnings date.