Venture Global, Inc. logo VG - Venture Global, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 18
HOLD 12
SELL 1
STRONG
SELL 0
| PRICE TARGET: $16.13 DETAILS
HIGH: $22.00
LOW: $13.00
MEDIAN: $15.50
CONSENSUS: $16.13
UPSIDE: 19.39%
Annual Quarterly
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q1 2024 Q2 2023 Q4 2023 Q3
Revenue
Revenue 4,578 4,599 4,445 3,329 3,101 2,894 926 926 1,414 1,414 1,054 1,054
Cost of Revenue 1,953 2,990 2,294 1,606 1,686 1,275 272 272 435 435 419 419
Gross Profit 2,625 1,609 2,151 1,723 1,415 1,619 654 654 979 979 635 635
Operating Expenses
R&D Expenses 0 49 52 53 57 182 156 156 181 181 142 142
SG&A Expenses 112 97 120 105 103 105 77 77 72 72 58 58
Other Expenses 353 270 261 245 217 252 232 232 109 109 126 126
Operating Expenses 465 416 433 403 377 539 465 465 362 362 326 326
Operating Income
Operating Income 2,160 1,193 1,718 1,320 1,038 1,080 189 189 617 617 309 309
Interest Expense 489 444 447 421 310 276 128 128 186 186 154 154
Interest Income 26 28 30 27 38 56 53 53 73 73 44 44
Profitability
EBITDA 2,420 1,444 2,154 1,276 1,168 1,160 (155) (155) 1,129 1,129 1,207 1,207
EBIT 2,160 1,193 1,914 1,058 901 944 (244) (244) 1,059 1,059 1,138 1,138
Income Before Tax 1,753 736 1,467 637 591 668 (372) (372) 873 873 984 984
Income Tax Expense 336 111 276 87 116 151 (78) (78) 175 175 203 203
Net Income 1,419 598 1,135 496 435 464 (346) (346) 648 648 617 617
Per Share Data
EPS (Basic) 0.54 0.20 0.44 0.18 0.15 0.16 -0.14 -0.14 0.28 0.28 0.26 0.26
EPS (Diluted) 0.51 0.20 0.41 0.16 0.14 0.15 -0.14 -0.14 0.25 0.25 0.24 0.24
Shares Outstanding 2,489 2,483 2,451 2,433 2,423 2,399 2,419.5 2,419.5 2,349.5 2,349.5 2,349.5 2,349.5
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4
Current Assets
Cash & Cash Equivalents 3,188 1,934 2,355 2,213 2,247 3,605 4,562 4,562 4,987 4,987 4,823
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 844 810 918 633 673 640 96 96 0 0 265
Inventory 290 241 253 227 184 189 173 173 0 0 44
Other Current Assets 207 234 514 185 874 459 549 549 (4,987) (4,987) 827
Total Current Assets 4,529 3,219 4,040 3,258 3,978 4,893 5,380 5,380 0 0 5,959
Non-Current Assets
Property, Plant & Equipment 53,923 50,485 47,325 44,018 40,552 37,587 31,196 31,196 0 0 19,820
Goodwill 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 1,680 1,323 0 1,713 173 337 299 299 0 0 539
Other Non-Current Assets 1,383 1,273 2,081 1,090 1,808 2,234 2,548 2,548 0 0 2,145
Total Non-Current Assets 56,986 53,081 49,406 46,821 42,533 40,158 34,043 34,043 0 0 22,504
Total Assets 61,515 56,300 53,446 50,079 46,511 45,051 39,423 39,423 0 0 28,463
Current Liabilities
Account Payables 828 817 737 947 601 791 1,170 1,170 0 0 436
Short-Term Debt 345 191 812 943 197 193 187 187 0 0 178
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 2,419 2,527 550 1,815 436 406 427 427 0 0 280
Total Current Liabilities 3,821 3,712 4,344 3,923 2,857 2,824 3,147 3,147 0 0 2,315
Non-Current Liabilities
Long-Term Debt 41,527 36,456 33,393 31,743 29,774 29,130 26,757 26,757 0 0 20,607
Deferred Tax Liabilities 2,715 2,419 2,320 2,024 1,920 1,788 1,376 1,376 0 0 1,149
Other Non-Current Liabilities 437 424 2,393 610 2,641 2,436 2,259 2,259 (3,470) (3,470) 1,924
Total Non-Current Liabilities 45,615 40,243 38,802 35,335 34,849 33,875 30,849 30,849 (3,470) (3,470) 24,063
Total Liabilities 49,436 43,955 43,146 39,258 37,706 36,699 33,996 33,996 (3,470) (3,470) 26,378
Stockholders' Equity
Common Stock 25 25 24 24 24 24 0 0 0 0 0
Retained Earnings 6,466 5,163 4,720 3,694 3,307 2,939 1,673 1,673 0 0 1,228
Accumulated Other Comprehensive Income (232) (235) (239) (240) (242) (246) (252) (252) 1,510 1,510 (260)
Total Stockholders' Equity 8,572 8,862 6,743 7,342 5,269 4,881 1,952 1,952 3,470 3,470 1,510
Total Liabilities & Equity 61,515 56,300 53,446 50,079 46,511 45,051 39,423 39,423 0 0 28,463
Debt Metrics
Total Debt 42,808 37,591 34,901 33,644 30,485 29,844 27,401 27,401 0 0 21,168
Net Debt 39,620 35,657 32,546 31,431 28,238 26,239 22,839 22,839 (4,987) (4,987) 16,345
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q1 2024 Q2 2023 Q4 2023 Q3
Operating Activities
Net Income 2,042 598 1,191 540 474 502 (309) (309) 698 698 649 649
Depreciation & Amortization 511 251 240 218 267 216 89 89 70 70 69 69
Stock-Based Compensation 27 0 12 0 0 0 0 0 6 6 0 0
Change in Working Capital (186) (222) 226 110 (23) (97) (6) (6) (1) (1) 0 0
Other Non-Cash Items 48 39 154 929 625 344 585 585 (308) (308) (718) (718)
Operating Cash Flow 2,835 763 2,111 1,883 1,458 1,114 280 280 638 638 0 0
Investing Activities
Capital Expenditure (6,900) (3,181) (3,625) (3,294) (2,980) (3,466) (3,803) (3,803) (3,004) (3,004) 0 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 (78) (78) 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 225 183 (18) 121 46 (4) 31 31 (136) (136) 0 0
Investing Cash Flow (6,675) (2,998) (3,643) (3,173) (2,934) (3,470) (3,850) (3,850) (3,140) (3,140) 0 0
Financing Activities
Net Debt Issuance 7,547 2,015 1,565 2,074 459 262 1,805 1,805 1,933 1,933 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid (89) (180) (42) (176) (57) (190) 29 29 (15) (15) 0 0
Other Financing Activities (710) 26 (108) 12 (38) (46) (89) (89) (200) (200) 0 0
Financing Cash Flow 5,005 1,861 1,415 1,910 364 1,776 4,745 4,745 1,718 1,718 0 0
Cash Position
Net Change in Cash 1,165 (616) (117) (110) (1,345) (109) 4,905 4,905 (784) (784) 0 0
Cash at Beginning 3,425 2,550 3,542 2,323 3,668 3,777 0 0 5,872 5,872 0 0
Cash at End 4,590 1,934 3,425 2,213 2,323 3,668 4,905 4,905 5,088 5,088 0 0
Free Cash Flow (4,065) (2,418) (1,514) (1,411) (1,522) (2,352) (3,523) (3,523) (2,366) (2,366) 0 0
Key Metrics 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q1 2024 Q2 2023 Q4 2023 Q3
Income Statement
Revenue 4,578 4,599 4,445 3,329 3,101 2,894 926 926 1,414 1,414 1,054 1,054
Gross Profit 2,625 1,609 2,151 1,723 1,415 1,619 654 654 979 979 635 635
Operating Income 2,160 1,193 1,718 1,320 1,038 1,080 189 189 617 617 309 309
Net Income 1,419 598 1,135 496 435 464 (346) (346) 648 648 617 617
EPS (Diluted) 0.51 0.20 0.41 0.16 0.14 0.15 -0.14 -0.14 0.25 0.25 0.24 0.24
Balance Sheet
Cash & Equivalents 3,188 1,934 2,355 2,213 2,247 3,605 4,562 4,562 4,987 4,987 4,823
Total Assets 61,515 56,300 53,446 50,079 46,511 45,051 39,423 39,423 0 0 28,463
Total Debt 42,808 37,591 34,901 33,644 30,485 29,844 27,401 27,401 0 0 21,168
Stockholders' Equity 8,572 8,862 6,743 7,342 5,269 4,881 1,952 1,952 3,470 3,470 1,510
Cash Flow
Operating Cash Flow 2,835 763 2,111 1,883 1,458 1,114 280 280 638 638 0 0
Capital Expenditure (6,900) (3,181) (3,625) (3,294) (2,980) (3,466) (3,803) (3,803) (3,004) (3,004) 0 0
Free Cash Flow (4,065) (2,418) (1,514) (1,411) (1,522) (2,352) (3,523) (3,523) (2,366) (2,366) 0 0