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Venture Global (VG) R&D spending by quarter

Venture Global's R&D spending was $23.0M in Q2 2026 (second quarter 2026), -50% from Q1 2026. Over the last 7 quarters it ranged from $23.0M (Q2 2026) to $182M (Q1 2025).

Venture Global R&D spending by quarterVenture Global R&D spending by quarter$124MQ4 2024$182MQ1 2025$57.0MQ2 2025$53.0MQ3 2025$52.0MQ4 2025$46.0MQ1 2026$23.0MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$23.0M-50%-60%
Q1 2026$46.0M-12%-75%
Q4 2025$52.0M-2%-58%
Q3 2025$53.0M-7%—
Q2 2025$57.0M-69%—
Q1 2025$182M+47%—
Q4 2024$124M——

Q2 2026 at a glance

Venture Global, Q2 2026: revenue $4.6B (+48% year over year), operating margin 47.8%, net earnings $1.3B, operating cash flow $2.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is Venture Global's R&D spending?

Venture Global's R&D spending was $23.0M in Q2 2026 (second quarter 2026), -50% from Q1 2026.

How has Venture Global's R&D spending changed?

Over the last 7 quarters it ranged from $23.0M (Q2 2026) to $182M (Q1 2025).

Q2 2026 results → · How Venture Global makes money →