NYSE: VG Venture Global, Inc. 8-K

Venture Global reports Q2 revenue up 48% to $4.6B, raises full-year EBITDA guidance

Filed August 11, 2026 · Period ending August 11, 2026 · ~1 min read

Key Changes

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Q2 2026 revenue reached $4.6 billion (up 48% YoY) and net income hit $1.3 billion (up 266% YoY), driven by higher LNG sales volumes from the Plaquemines facility as commissioning progressed.

Exhibit 99.1 view on EDGAR →
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Full-year 2026 Consolidated Adjusted EBITDA guidance raised to $8.7-$9.1 billion from prior range of $8.2-$8.5 billion, assuming weighted average liquefaction fee of $12.50-$13.50/MMBtu for remaining unsold cargos.

Exhibit 99.1 view on EDGAR →
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Executed over 2 MTPA of new or expanded LNG offtake agreements during Q2, including doubling Atlantic-SEE to 1.0 MTPA, new five-year EnBW deal for 0.82 MTPA, and expanding Vitol agreement to 1.7 MTPA.

Exhibit 99.1 view on EDGAR →
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Board declared Q3 2026 dividend of $0.04 per share, a 122% increase from prior dividend, payable September 30, 2026 to shareholders of record as of September 15, 2026.

Exhibit 99.1 view on EDGAR →
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Completed multiple refinancing transactions totaling over $6 billion, including $2.25B VGLNG senior secured notes, $1.75B Calcasieu Pass term loan B, and $1.5B shipping term loan, generating over $100M in annual cost savings.

Exhibit 99.1 view on EDGAR →

Summary

Venture Global delivered strong Q2 2026 results with revenue of $4.6 billion (up 48% year-over-year) and net income of $1.3 billion (up 266%), driven primarily by higher LNG sales volumes as the Plaquemines facility progressed through commissioning. Operating income more than doubled to $2.2 billion, and Adjusted EBITDA rose 79% to $2.5 billion.

The company raised its full-year 2026 EBITDA guidance to $8.7-$9.1 billion from $8.2-$8.5 billion, reflecting confidence in operational execution and market conditions. The quarter also saw significant commercial momentum with over 2 MTPA of new or expanded LNG offtake agreements, including deals with EnBW, TotalEnergies, and expanded commitments from Atlantic-SEE and Vitol.

These agreements strengthen the company's long-term revenue visibility. Management completed over $6 billion in refinancing transactions across multiple entities, generating more than $100 million in annual cost savings while optimizing the capital structure. The board's decision to increase the quarterly dividend by 122% to $0.04 per share signals confidence in cash generation and a commitment to returning capital to shareholders as the business scales.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

~200 words

Venture Global disclosed Q2 2026 financial results via press release and conference call on August 11, 2026.

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Added Q2 2026 earnings disclosure high

Added in current filing · verify on EDGAR →

Venture Global, Inc. (“Venture Global”) issued a press release on August 11, 2026 and will hold a conference call on August 11, 2026, regarding its financial results for the quarter ended June 30, 2026.

The company announced its financial results for the quarter ended June 30, 2026 through a press release and conference call. The actual financial figures are contained in the attached Exhibit 99.1 press release, which is referenced but not included in the 8-K body text provided.

Added Non-GAAP financial measures medium

Added in current filing · verify on EDGAR →

Venture Global is making reference to non-GAAP financial information in both the press release and the conference call. A reconciliation of GAAP to non-GAAP results is provided in the attached Exhibit 99.1 press release.

The company disclosed that it is using non-GAAP financial measures in its earnings materials and provided reconciliations to GAAP in the press release. This is standard practice for earnings disclosures to provide additional operational context beyond GAAP metrics.

Event · Exhibit 99.1

~5,600 words View exhibit on EDGAR ↗

Venture Global reported Q2 2026 revenue of $4.6B (+48% YoY), net income of $1.3B (+266% YoY), raised full-year EBITDA guidance, and increased dividend 122%.

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Added Q2 2026 financial results high

Added in current filing · view on EDGAR → · paraphrased

Revenue of $4.6 billion, an increase of 48% from Q2 2025 Income from operations of $2.2 billion, an increase of 111% from Q2 2025 Net income1 of $1.3 billion, an increase of 266% from Q2 2025 Consolidated Adjusted EBITDA2 of $2.5 billion, an increase of 79% from Q2 2025

Venture Global reported strong Q2 2026 results with revenue of $4.6 billion (up 48% year-over-year), operating income of $2.2 billion (up 111%), net income of $1.3 billion (up 266%), and Adjusted EBITDA of $2.5 billion (up 79%). The increases were primarily driven by higher LNG sales volumes from the Plaquemines facility as commissioning progressed, and higher implied liquefaction fees for LNG sold under commissioning sales agreements.

Added Full-year 2026 EBITDA guidance raised high

Added in current filing · view on EDGAR →

Increased Consolidated Adjusted EBITDA guidance to $8.7 - $9.1 billion3, up from $8.2 - $8.5 billion, which assumes a weighted average liquefaction fee of $12.50/MMBtu - $13.50/MMBtu for our remaining unsold cargos, in line with current forward curves.

The company raised its full-year 2026 Consolidated Adjusted EBITDA guidance to $8.7 billion - $9.1 billion from the prior range of $8.2 billion - $8.5 billion. The guidance assumes a weighted average liquefaction fee of $12.50/MMBtu - $13.50/MMBtu for remaining unsold cargos, aligned with current forward curves.

Added Debt refinancing transactions medium

Added in current filing · view on EDGAR → · paraphrased

Venture Global LNG, Inc. ("VGLNG") issued $2.25 billion of senior secured notes; proceeds were used to repay in full the VGLNG $2.25 billion senior secured notes due 2028. Calcasieu Pass Funding, LLC closed a $1.75 billion senior secured term loan B credit facility; proceeds were used to redeem in full its redeemable preferred equity interests. Venture Global Shipping Holdings, LLC closed a $1.5 billion senior secured term loan credit facility; proceeds are expected to be used for general corporate purposes. Venture Global Calcasieu Pass, LLC issued $750 million senior secured notes; proceeds were used to repay in full the Calcasieu Pass construction term loan

The company completed multiple refinancing transactions during Q2 2026: VGLNG issued $2.25 billion in senior secured notes to repay existing 2028 notes; Calcasieu Pass Funding closed a $1.75 billion term loan B to redeem preferred equity; Venture Global Shipping closed a $1.5 billion term loan for general corporate purposes; and Venture Global Calcasieu Pass issued $750 million in senior secured notes to repay its construction term loan. Management stated these refinancings translate into more than $100 million of annual cost savings.

Added New and expanded LNG offtake agreements high

Added in current filing · view on EDGAR →

Increased the existing 20-year sales and purchase agreement ("SPA") with Atlantic-SEE to 1.0 MTPA, up from 0.5 MTPA. ... Entered a new five-year SPA with EnBW to sell approximately 0.82 MTPA starting in 2026. ... As previously announced during Q2 2026, signed two additional five-year SPAs: one with TotalEnergies for 0.85 MTPA and increased our existing SPA with Vitol to 1.7 MTPA, up from 1.5 MTPA.

Venture Global executed over 2 MTPA of new or increased LNG offtake agreements during the quarter. The company doubled its Atlantic-SEE agreement to 1.0 MTPA, signed a new five-year deal with EnBW for 0.82 MTPA starting in 2026, added a five-year TotalEnergies agreement for 0.85 MTPA, and expanded its Vitol agreement to 1.7 MTPA from 1.5 MTPA.