Venture Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	13,769	4,972	7,897	6,448	-
Revenue Growth (YoY)	176.93%	-37.04%	22.47%	-	-
Cost of Revenue	6,895	1,940	2,075	2,198	49
Gross Profit	6,874	3,032	5,822	4,250	-49
Selling, General & Admin	433	312	205	226	101
Research & Development	344	635	490	311	181
Operating Expenses	1,718	1,269	972	695	288
Operating Income	5,156	1,763	4,850	3,555	-337
Interest Expense	-1,454	-584	-641	-592	-14
Interest & Investment Income	151	244	172	18	-
Currency Exchange Gain (Loss)	-3	-	-	-	-
Other Non Operating Income (Expenses)	-487	760	51	563	-85
Pretax Income	3,363	2,183	4,432	3,544	-436
Income Tax Expense	630	437	816	447	-
Earnings From Continuing Operations	2,733	1,746	3,616	3,097	-436
Minority Interest in Earnings	-36	-59	-805	-1,121	-
Net Income	2,697	1,687	2,811	1,976	-436
Preferred Dividends & Other Adjustments	270	212	130	118	-107
Net Income to Common	2,427	1,475	2,681	1,858	-329
Net Income Growth	59.87%	-39.99%	42.26%	-	-
Shares Outstanding (Basic)	2,426	2,350	2,070	1,969	-
Shares Outstanding (Diluted)	2,635	2,585	2,143	1,969	-
Shares Change (YoY)	1.93%	20.63%	8.84%	-	-
EPS (Basic)	1.00	0.63	1.30	0.94	-
EPS (Diluted)	0.86	0.57	1.25	0.94	-
EPS Growth	50.88%	-54.40%	32.98%	-	-
Free Cash Flow	-6,799	-11,568	-3,541	-916	-2,582
Free Cash Flow Per Share	-2.58	-4.47	-1.65	-0.47	-
Gross Margin	49.92%	60.98%	73.72%	65.91%	-
Operating Margin	37.45%	35.46%	61.42%	55.13%	-
Profit Margin	17.63%	29.67%	33.95%	28.82%	-
Free Cash Flow Margin	-49.38%	-232.66%	-44.84%	-14.21%	-
EBITDA	6,097	2,085	5,127	3,713	-331
EBITDA Margin	44.28%	41.94%	64.92%	57.58%	-
D&A For EBITDA	941	322	277	158	6
EBIT	5,156	1,763	4,850	3,555	-337
EBIT Margin	37.45%	35.46%	61.42%	55.13%	-
Effective Tax Rate	18.73%	20.02%	18.41%	12.61%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.