# Venture Global, Inc.: overview

VG · NYSE · CIK 2007855 · [Utilities](/sectors/utilities.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/vg.md) · [Financials](/companies/vg/financials.md) · [Filings](/companies/vg/filings.md) · [Insiders](/companies/vg/insiders.md)

Latest reported revenue: [$4.58bn](/filings/0002007855-26-000062.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 11, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0002007855-26-000062).

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | period not labelled (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [926](/filings/0002007855-25-000066.md) | [1,524 d](/filings/0002007855-26-000013.md) | [2,894](/filings/0002007855-26-000040.md) | [3,101](/filings/0002007855-26-000062.md) | [3,329](/filings/0002007855-25-000066.md) | [4,445 d](/filings/0002007855-26-000013.md) | [4,599](/filings/0002007855-26-000040.md) | [4,578](/filings/0002007855-26-000062.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [20.4%](/filings/0002007855-25-000066.md) | [39.0% d](/filings/0002007855-26-000013.md) | [37.3%](/filings/0002007855-26-000040.md) | [33.5%](/filings/0002007855-26-000062.md) | [39.7%](/filings/0002007855-25-000066.md) | [38.7% d](/filings/0002007855-26-000013.md) | [25.0%](/filings/0002007855-26-000040.md) | [47.8%](/filings/0002007855-26-000062.md) |
| Net margin | % | [(31.7%)](/filings/0002007855-25-000066.md) | [65.0% d](/filings/0002007855-26-000013.md) | [17.9%](/filings/0002007855-26-000040.md) | [15.3%](/filings/0002007855-26-000062.md) | [16.5%](/filings/0002007855-25-000066.md) | [26.8% d](/filings/0002007855-26-000013.md) | [13.6%](/filings/0002007855-26-000040.md) | [31.0%](/filings/0002007855-26-000062.md) |
| Diluted EPS | $ per share | [(0.15)](/filings/0002007855-25-000066.md) | not reported | [0.15](/filings/0002007855-26-000040.md) | [0.14](/filings/0002007855-26-000062.md) | [0.16](/filings/0002007855-25-000066.md) | not reported | [0.19](/filings/0002007855-26-000040.md) | [0.51](/filings/0002007855-26-000062.md) |
| Free cash flow | $m | [(3,523) d](/filings/0002007855-25-000066.md) | [(2,986) d](/filings/0002007855-26-000013.md) | [(2,352)](/filings/0002007855-26-000040.md) | [(1,522) d](/filings/0002007855-26-000062.md) | [(1,411) d](/filings/0002007855-25-000066.md) | [(1,514) d](/filings/0002007855-26-000013.md) | [(2,418)](/filings/0002007855-26-000040.md) | [(1,647) d](/filings/0002007855-26-000062.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2023-12-31) | FY (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: |
| Revenue | $bn | [7.9](/filings/0002007855-26-000013.md) | [5.0](/filings/0002007855-26-000013.md) | [13.8](/filings/0002007855-26-000013.md) |
| Gross margin | % | not reported | not reported | not reported |
| Operating margin | % | [61.4%](/filings/0002007855-26-000013.md) | [35.5%](/filings/0002007855-26-000013.md) | [37.4%](/filings/0002007855-26-000013.md) |
| Net margin | % | [45.8%](/filings/0002007855-26-000013.md) | [35.1%](/filings/0002007855-26-000013.md) | [19.8%](/filings/0002007855-26-000013.md) |
| Diluted EPS | $ per share | [1.25](/filings/0002007855-26-000013.md) | [0.57](/filings/0002007855-26-000013.md) | [0.86](/filings/0002007855-26-000013.md) |
| Free cash flow | $bn | [(3.5)](/filings/0002007855-26-000013.md) | [(11.6)](/filings/0002007855-26-000013.md) | [(6.8)](/filings/0002007855-26-000013.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/vg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Allianz Asset Management GmbH](/funds/1535323.md) | 2026-06-30 | $1.92bn | 172,261,658 |  | Reduced −79,053,964 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $180.1m | 16,185,046 |  | Added +7,044,634 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $174.1m | 15,644,297 |  | Added +2,234,223 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $159.9m | 14,362,196 |  | Added +5,039,433 |
| [Blackstone Inc.](/funds/1393818.md) | 2026-06-30 | $159.1m | 14,291,170 |  | Added +14,091,170 |
| [TCW GROUP INC](/funds/850401.md) | 2026-06-30 | $158.5m | 14,238,601 |  | Added +10,734,953 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $154.4m | 13,876,512 |  | Added +1,345,147 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $123.8m | 11,126,937 |  | Added +5,513,265 |
| [TORTOISE CAPITAL ADVISORS, L.L.C.](/funds/1280965.md) | 2026-06-30 | $106.4m | 9,559,853 |  | New +9,559,853 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $100.5m | 9,032,064 |  | Reduced −384,615 |

## Recent filings

[All 214 filings](/companies/vg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-15 | 10:26 ET | [8-K](/filings/0002007855-26-000081.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0002007855-26-000081 |
| 2026-10-08 | 10:52 ET | [8-K](/filings/0002007855-26-000072.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002007855-26-000072 |
| 2026-10-07 | 10:08 ET | [8-K](/filings/0002007855-26-000069.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0002007855-26-000069 |
| 2026-09-02 | 20:33 ET | [8-K](/filings/0002007855-26-000066.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0002007855-26-000066 |
| 2026-08-11 | 10:31 ET | [8-K](/filings/0002007855-26-000063.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0002007855-26-000063 |
| 2026-08-11 | 22:01 ET | [10-Q](/filings/0002007855-26-000062.md) | Quarterly report, period 2026-06-30 | 0002007855-26-000062 |
| 2026-07-08 | 20:06 ET | [8-K](/filings/0002007855-26-000057.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0002007855-26-000057 |
| 2026-06-26 | 20:31 ET | [8-K](/filings/0002007855-26-000055.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0002007855-26-000055 |
| 2026-06-11 | 20:07 ET | [8-K](/filings/0002007855-26-000051.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0002007855-26-000051 |
| 2026-06-02 | 21:44 ET | [8-K](/filings/0002007855-26-000048.md) | 2.04 Item not in the standard list; 8.01 Other events; 9.01 Financial statements and exhibits | 0002007855-26-000048 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0002007855-26-000013.md), filed Mar 2, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 2007855
- Tickers: VG
- Exchange: NYSE
- SIC code: 4924 Natural Gas Distribution
- State of incorporation: DE
- Filer category: Non-accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.