$VG · Venture Global, Inc.
Venture Global filed its Q3 FY2026 10-Q. Revenue was $4.756B, up 42.9% YoY from $3.329B, and net income was $2.628B versus $550M a year earlier. Nine-month revenue reached $13.933B (+49%) with net income of $4.670B. Operating margin was 48.3%.
- Q3 revenue $4.756B, up 42.9% YoY from $3.329B.
- Q3 net income $2.628B versus $550M in Q3 2025.
- Nine-month revenue $13.933B, up 49% from $9.324B.
- Gain on interest rate swaps swung to +$1.368B from -$144M.
- Diluted EPS $0.96 versus $0.16 a year ago.
Extended-hours last trade $12.40, +5.08% vs regular close of $11.80, signaling a positive reaction to the strong quarter.
A 42.9% revenue jump and swing to $2.6B quarterly net income show the Plaquemines ramp-up is materially boosting profitability.
LNG export volumes continue to benefit from Plaquemines commissioning and ramp-up, a key growth driver versus peers.
Reliance on uncontracted commissioning and excess cargo sales exposes results to LNG price volatility. Significant additional capital is needed to complete projects.