Quarterly ResultMay 12, 2026, 06:13 AM
Venture Global Q1 Revenue $4.6B, Net Income $488M; Raises 2026 EBITDA Guidance
AI Summary
Venture Global reported strong financial results for Q1 2026, with revenue increasing 59% to $4.6 billion and net income rising 23% to $488 million. The company achieved a new quarterly record by exporting 130 cargos and selling 481 TBtu of liquefied natural gas (LNG), an increase of 111% from Q1 2025. Venture Global also raised its 2026 Consolidated Adjusted EBITDA guidance to $8.2 - $8.5 billion and announced the final investment decision for CP2 Phase II with $8.6 billion in project financing.
Key Highlights
- Q1 2026 Revenue increased 59% to $4.6 billion from Q1 2025.
- Q1 2026 Net income rose 23% to $488 million from Q1 2025.
- Q1 2026 Consolidated Adjusted EBITDA grew 2% to $1.4 billion.
- Exported a record 130 LNG cargos and sold 481 TBtu, up 111% from Q1 2025.
- Total assets reached $56.3 billion, an increase of $11.2 billion from March 31, 2025.
- Raised 2026 Consolidated Adjusted EBITDA guidance to $8.2 - $8.5 billion.
- Announced FID for CP2 Phase II and closed $8.6 billion project financing.
- Plaquemines Project Phase I COD targeted for Q4 2026, Phase II in mid-2027.