Venture Global, Inc. (VG)
Venture Global, Inc. brought in $17B of revenue over the twelve months to June 30, 2026, up 100.7% from a year earlier. Net income was $3.3B, a net margin of 19.7%. In fiscal 2025 capital spending exceeded operating cash flow by $6.8B. At June 30, 2026 it held $3.1B in cash against $41.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 11, 2026.
Key facts about Venture Global, Inc.
- Net worth
- Venture Global, Inc. has a market value (market cap) of $29.7B at the latest share price, and shareholders' equity of $8.6B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $13.8B (+176.9% year on year), with net income of $2.3B. Over the 12 months to June 30, 2026: revenue $17B, net income $3.3B.
- Cash flow
- In fiscal 2025 operations brought in $6.6B of cash; after $13.4B of capital spending, free cash flow was -$6.8B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 11, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Venture Global, Inc.'s next report was expected around November 9, 2026 and is not on file with the SEC yet.
- Dividend
- Venture Global, Inc. declared dividends of $0.03 per share in fiscal 2025, a yield of 0.25% at the current price.
What Venture Global, Inc. does
Venture Global, Inc. is registered with the SEC under industry code SIC 4924 (Natural Gas Distribution). Its shares trade on NYSE under the ticker VG.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $13.8B | $2.3B | $0.86 | -$6.8B |
| 2025 | $5B | $1.5B | $0.57 | -$11.6B |
| 2023 | $7.9B | $2.7B | $1.25 | -$3.5B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where VG ranks in Utilities
Dividends
Venture Global, Inc. declared $0.03 per share in fiscal 2025. At the current price that is a yield of 0.25%. It paid out $465M in cash dividends, 21% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.03 | $465M | 21% |
| 2025 | n/a | $139M | 9% |
| 2023 | n/a | $164M | 6% |
Latest SEC filings
What Venture Global, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 15, 2026
- October 8, 2026
- October 7, 2026Quarterly results8-KVenture Global announced preliminary LNG export volumes and liquefaction fees for the third quarter of 2026.
- September 15, 2026Passive stake (5% or more) SCHEDULE 13G
- September 2, 2026
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 11, 2026
- August 11, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 48% to $4.6B versus the same quarter last year; diluted EPS $0.51 versus $0.14.
- August 3, 2026Passive stake changed SCHEDULE 13G/A
- August 3, 2026Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Venture Global, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $104.5M worth of shares in the last 90 days and bought none on the open market. Most of the selling (73%) was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 20, 2026 | Thayer Jonathan WChief Financial Officer | Exercised options | 111,111 | $128.9K |
| October 20, 2026 | Thayer Jonathan WChief Financial Officer | Soldpre-planned (10b5-1) | 111,111 | $1.4M |
| October 19, 2026 | Thayer Jonathan WChief Financial Officer | Exercised options | 111,111 | $128.9K |
| October 19, 2026 | Thayer Jonathan WChief Financial Officer | Soldpre-planned (10b5-1) | 111,111 | $1.4M |
| October 15, 2026 | Larson Keith DGeneral Counsel and Secretary | Exercised options | 394,979 | $331.8K |
| October 15, 2026 | Larson Keith DGeneral Counsel and Secretary | Soldpre-planned (10b5-1) | 389,679 | $4.8M |
| October 15, 2026 | Larson Keith DGeneral Counsel and Secretary | Exercised options | 5,300 | $68.3K |
| October 14, 2026 | Larson Keith DGeneral Counsel and Secretary | Exercised options | 394,978 | $331.8K |
Who owns VG
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Michael Sabel13G, passive with 2 related filers | 81.41% | May 6, 2025 |
| Pacific Investment Management Company LLC13G, passive | 32.4% | August 14, 2026 |
| D. E. Shaw & Co., L.P.13G, passive with 2 related filers | 5.4% | September 15, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 374 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Allianz Asset Management GmbH | 172,261,658 | -79,053,964 |
| Vanguard Portfolio Management LLC | 16,185,046 | +7,044,634 |
| D. E. Shaw & Co., Inc. | 15,644,297 | +2,234,223 |
| Vanguard Capital Management LLC | 14,362,196 | +5,039,433 |
| Blackstone Inc. | 14,291,170 | +14,091,170 |
| Tcw Group Inc | 14,238,601 | +10,734,953 |
| BlackRock, Inc. | 13,876,512 | +1,345,147 |
| Goldman Sachs Group Inc | 11,126,937 | +5,513,265 |
| Tortoise Capital Advisors, L.L.C. | 9,559,853 | new |
| State Street Corp | 9,032,064 | -384,615 |
| Geode Capital Management, LLC | 6,114,364 | +841,641 |
| Kayne Anderson Capital Advisors LP | 5,743,473 | new |
| Rubric Capital Management LP | 5,410,280 | +3,910,280 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 5,276,887 | +79,474 |
| UBS Group AG | 4,870,152 | -1,216,885 |
| Charles Schwab Investment Management Inc | 4,757,405 | +316,855 |
| Deutsche Bank AG\ | 4,662,386 | -342,095 |
| Encompass Capital Advisors LLC | 4,500,000 | new |
| Morgan Stanley | 4,073,124 | +780,045 |
| Westwood Holdings Group Inc | 3,616,984 | +1,057,469 |
Insiders
3 insiders reported holding 2,737,222 shares in total, about $32.5M at the last price.
| Holder | Shares |
|---|---|
| Sabel MichaelSee Remarks, Director, 10% owner | 1,187,111 |
| Staton Jimmy DDirector | 1,083,000 |
| Pender Robert BSee Remarks, Director, 10% owner | 467,111360,000 held indirectly |
Questions about VG
What does Venture Global, Inc. do?
Venture Global, Inc. is a company in the Utilities sector, listed on NYSE as VG. Its shares trade on NYSE under the ticker VG.
What is Venture Global, Inc.'s net worth?
Venture Global, Inc. has a market value (market cap) of $29.7B at the latest share price, and shareholders' equity of $8.6B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Venture Global, Inc. profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $3.3B on revenue of $17B, a net margin of 19.7%.
How much revenue does Venture Global, Inc. make?
Over the twelve months to June 30, 2026 Venture Global, Inc. reported revenue of $17B. That is 100.7% more than a year earlier.
When did Venture Global, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 11, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 20, 2026.
When is Venture Global, Inc.'s next earnings report?
Venture Global, Inc.'s next report was expected around November 9, 2026 and is not on file with the SEC yet.
Does Venture Global, Inc. pay a dividend?
Yes. Venture Global, Inc. declared dividends of $0.03 per share in fiscal 2025, a yield of 0.25% at the current price.
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Where the numbers come from
Financial figures are the values Venture Global, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.