Venture Global, Inc.

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

4,972

Cost of Revenue

1,673

Gross Profit

3,299

Gross Margin

66.4%

Operating Income

1,763

Operating Margin

35.5%

Net Income

1,543

Net Margin

31.0%

EPS (Basic)

$0.61

EPS (Diluted)

$0.61

EBITDA

3,089

EBITDA Margin

62.1%

2023

12/31/2023

Revenue

7,897

Cost of Revenue

1,684

Gross Profit

6,213

Gross Margin

78.7%

Operating Income

4,850

Operating Margin

61.4%

Net Income

2,681

Net Margin

33.9%

EPS (Basic)

$1.14

EPS (Diluted)

$1.04

EBITDA

5,350

EBITDA Margin

67.7%

2022

12/31/2022

Revenue

6,448

Cost of Revenue

2,251

Gross Profit

4,197

Gross Margin

65.1%

Operating Income

3,555

Operating Margin

55.1%

Net Income

1,858

Net Margin

28.8%

EPS (Basic)

$0.94

EPS (Diluted)

$0.94

EBITDA

4,294

EBITDA Margin

66.6%

2021

12/31/2021

Revenue

Cost of Revenue

Gross Profit

-6

Gross Margin

N/A

Operating Income

-337

Operating Margin

N/A

Net Income

-356

Net Margin

N/A

EPS (Basic)

$-0.15

EPS (Diluted)

$-0.14

EBITDA

-371

EBITDA Margin

N/A

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021
Revenue	4,972	7,897	6,448	0
Cost of Revenue	1,673	1,684	2,251	6
Gross Profit	3,299	6,213	4,197	-6
Gross Margin	66.4%	78.7%	65.1%	N/A
Operating Income	1,763	4,850	3,555	-337
Operating Margin	35.5%	61.4%	55.1%	N/A
Net Income	1,543	2,681	1,858	-356
Net Margin	31.0%	33.9%	28.8%	N/A
EPS (Basic)	$0.61	$1.14	$0.94	$-0.15
EPS (Diluted)	$0.61	$1.04	$0.94	$-0.14
EBITDA	3,089	5,350	4,294	-371
EBITDA Margin	62.1%	67.7%	66.6%	N/A