Filing Flows › Venture Global (VG) › Q4 2024
Venture Global (VG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 6, 2025
Venture Global (VG) reported revenue of $1.5B for the fourth quarter 2024 (Q4 2024) and +65% from the quarter before. Operating margin was 39.0%, net earnings $871M (57.2% of revenue).
Venture Global, Q4 2024: revenue $1.5B, operating margin 39.0%, net earnings $871M, operating cash flow $673M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +65% | — |
| Operating profit | $594M | +214% | — |
| Net earnings | $871M | — | — |
| Operating cash flow | $673M | +140% | — |
What changed
Revenue was $1.5B in Q4 2024, up 65% from the previous quarter.
Operating profit was $0.59B, a 39.0% margin. Net earnings were $0.87B. The effective tax rate was 20.0%. Non-operating items added $0.64B, 52% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.67B, 68% of net income including minority interests. Non-cash charges added back $0.09B of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $0.41B. Capital expenditures of $3.7B exceeded it, leaving free cash flow of −$3.0B.
Questions
What was Venture Global's revenue in the fourth quarter 2024?
Venture Global (VG) reported revenue of $1.5B for the fourth quarter 2024 (Q4 2024) and +65% from the quarter before.
Was Venture Global profitable in the fourth quarter 2024?
Operating profit was $594M (39.0% of revenue) and net earnings $871M.
Source: Venture Global 10-K on SEC EDGAR.