NYSE$VG
Venture Global Inc · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Venture Global delivered strong Q2 2025 results with triple-digit revenue and EBITDA growth supported by record LNG exports.
Fueled by surging LNG cargo exports, Venture Global posted robust top-line and bottom-line performance in Q2 2025, highlighted by significant income from operations and record Adjusted EBITDA.
- Revenue reached $3.1B, marking a 180% YoY increase.
- Net income attributable to common stockholders totaled $368M.
- EPS grew to $0.14, up from $0.12 in Q2 2024.
- 89 LNG cargos were exported, a record for the company.
Headline financials
Revenue & EPS history
Venture Global Inc · Revenue · Quarterly
$3.1B
Forward guidance
Venture Global reiterated its full-year guidance with confidence, supported by steady gas pricing and strong project momentum.
Tailwinds
- Full-year Consolidated Adjusted EBITDA guidance remains at $6.4B–$6.8B.
- Expected LNG cargo exports raised to 144–149 (Calcasieu) and 227–240 (Plaquemines).
- CP2 Phase 1 reached final investment decision without new equity.
- Long-term SPAs signed with PETRONAS, SEFE, and Eni.
- Plaquemines Project continues safe and rapid ramp-up.
Headwinds
- LNG sales at Calcasieu under post-COD SPAs saw lower prices.
- Higher interest expense impacted net income.
- Negative $112M in mark-to-market impact from interest rate swaps.
- Operating costs increased due to scale and ramp-up.
- Unfavorable changes in forward derivative valuations affected results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 4 quarterly earnings reports · overlaid with Q2 2025
+5.9%
Avg return
Earnings day
+6.3%
Avg return
5 days after
+6.4%
Avg return
30 days after
100%
5 / 5 earnings
Positive
+17.5%
Q4 2025
Best reaction
+1.0%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | +24.1% | — | |
| Q4 2025 | +17.5% | +28.8% | +51.5% | |
| Q3 2025 | +6.3% | -0.1% | -24.0% | |
| Q2 2025 | +1.0% | +3.5% | +13.9% | |
| Q1 2025 | +3.5% | -24.8% | -15.7% |
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