---
schema_version: "secwatch.filing_event.v1"
accession: "0002007855-25-000021"
form_type: "8-K"
ticker: "VG"
cik: "0002007855"
company_name: "Venture Global, Inc."
filed_at: "2025-05-13T23:59:59+00:00"
generated_at: "2026-05-21T19:00:08.490017+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Venture Global Q1 revenue $2.9B (+105% YoY); raises FY2025 EBITDA guidance to $6.4-6.8B

## Summary
- Revenue $2.9B (+105% YoY), income from operations $1.1B (+75%), net income $396M (down 39% on non-cash swap changes).
- Consolidated Adjusted EBITDA $1.3B (+94% YoY); FY2025 guidance raised to $6.4B–$6.8B from prior range.
- LNG exports record 234 TBtu (+93% vs Q4 2024); Calcasieu Pass commenced commercial operations on April 15, 2025.
- CP2 Project received DOE non-FTA export authorization, $3.0B credit facility from 20 banks, and positive FERC FSEIS.
- Plaquemines Phase 1 trains at ~140% nameplate; 2025 cargo guidance: 145–150 from Calcasieu, 222–239 from Plaquemines.

## SEC filing metadata
- accession: 0002007855-25-000021
- form_type: 8-K
- ticker: VG
- cik: 0002007855
- company_name: Venture Global, Inc.
- filed_at: 2025-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2007855/000200785525000021/0002007855-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2007855/000200785525000021/vg-20250513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002007855-25-000021
- JSON: https://secwatch.observer/filing/0002007855-25-000021.json
- Plain text: https://secwatch.observer/filing/0002007855-25-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.