How Venture Global makes money

Period

FY2025

How does Venture Global make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Venture Global Inc. · FY2025 · year ended 2025-12-31

Revenue$13.8BGross profit$13.8B · 100%Cost of revenue$0 · 0%Operating income$5.2B · 37%Operating expenses$8.6B · 63%R&D$344M · 2%SG&A$433M · 3%Other opex$7.8B · 57%Pre-tax income$3.2B · 23%Other expense$2.0B · 14%Net income$2.5B · 18%Income tax$630M · 5%Liquefied Natural Gas$13.7B · 99%Product & Service Other$82M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.

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