$VG · Venture Global, Inc.
Venture Global filed an 8-K (Item 2.02) reporting Q3 FY2026 results. Revenue was $4.756B (+43% YoY), income from operations $2.295B (+74%), net income attributable to common stockholders $2.546B (+493%), and Consolidated Adjusted EBITDA $2.583B (+69%). The company raised FY2026 Consolidated Adjusted EBITDA guidance to $10.0–$10.3B and declared a $0.04/share cash dividend payable December 31, 2026.
- Q3 revenue $4.756B, up 43% YoY; nine-month revenue $13.933B, up 49%.
- Net income attributable to common stockholders $2.546B, up 493% YoY.
- FY2026 Consolidated Adjusted EBITDA guidance raised to $10.0–$10.3B from $8.7–$9.1B.
- Plaquemines Phase 1 reached commercial operations on October 31, 2026.
- Declared $0.04/share cash dividend, payable December 31, 2026 to holders of record December 15, 2026.
Extended-hours last trade $12.22, up 3.52% vs the $11.80 regular close, signaling a positive after-hours reaction to the beat and guidance raise.
Record earnings, a raised full-year outlook, and a new AI-utility growth platform make this a high-signal quarter for a $29.5B LNG operator.
Venture Global's AI-utility pivot via GE Vernova and Baker Hughes frame agreements (up to 16 x 720 MW power islands) positions it against LNG peers and data-center power providers.
Guidance assumes a fixed $21.00–$22.00/MMBtu liquefaction fee on remaining unsold cargos; a $1.00/MMBtu swing moves FY2026 EBITDA by $20M–$30M. Forward-looking EBITDA is not reconciled to GAAP and could differ materially.