Business Wire·Nov 10, 2026, 6:30 AM ET

Venture Global Reports Third Quarter 2026 Results

Venture Global reported Q3 2026 revenue of $4.8 billion, up 43% year-over-year, with nine-month revenue reaching $13.9 billion.
Net income for Q3 2026 totaled $2.5 billion, a 493% increase from the prior year, while Consolidated Adjusted EBITDA rose 69% to $2.6 billion.
The company commenced commercial operations at Plaquemines Phase 1 on October 31, 2026, completing the project in just over 53 months from final investment decision.
Venture Global exported 124 LNG cargos in Q3 2026, a 24% increase from the same period in 2025, selling 465.8 TBtu of LNG.
The firm raised its 2026 Consolidated Adjusted EBITDA guidance to $10.0-$10.3 billion, up from the previous range of $8.7-$9.1 billion.
New 20-year sales agreements were secured totaling 2.0 MTPA, including contracts with ConocoPhillips, China Gas, and an existing customer.
Frame agreements were signed in October 2026 with GE Vernova and Baker Hughes for up to 16 new 720 MW power islands to support an off-grid AI utility.
Venture Global plans to deliver compute capacity starting in late 2028, scaling to approximately 5 GW by the end of 2031.
Total assets increased to $68.1 billion as of September 30, 2026, an $18.0 billion rise from the prior year.
Construction at the CP2 Project continues with 24 of 36 liquefaction modules on site, targeting first LNG production in mid-2027.
The company secured a $3.0 billion revolving credit facility \& repaid $2.8 billion of the Equity Bridge Loan since the start of 2026.
The board declared a cash dividend of $0.04 per share, payable on December 31, 2026, to shareholders of record by December 15, 2026.
A conference call to discuss third-quarter results is scheduled for November 10, 2026, at 9:00 am Eastern Time.