Venture Global (VG) Margins & Profitability 2025-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 39.5%
EBITDA Margin: 30.5%
Op. Margin: 25.0%
Net Margin: 13.6%

Op. margin of 25.0% is down 12.3% YoY — costs are rising relative to revenue. Net margin at 13.6% and gross margin of 39.5% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit