PerpEquitiesEquity
VG perpetual futures
Venture Global, Inc. tracked across crypto venues with normalized contract specs.
Price chart
10.89▼ 0.82%
10.9010.9210.9410.9610.98
01:37 PM02:18 PM03:00 PM03:41 PM04:22 PM
24/7 perp mark · BingX (VG-USDT)
Auto: market closed → highest-volume perp venue
Trading data
Perpetual market activity
Venues
1
Live markets
1/1
24h volume
$168k
Open interest
$150
Best liquidity
$11k
BingX
Tightest spread
+137.6 bps
BingX
Highest volume
$168k
BingX
Settlement mix
USDT · 1/1
Best Liquidity
VGTightest Spread
VGHighest Volume
VGCompany data
Company fundamentals
Market cap
$26.8B
Updated 3h ago
Revenue
$15.5B
Trailing 12 months
Net income
$2.7B
Trailing 12 months
Free cash flow
$-6.9B
Trailing 12 months
Profit margin
17.2%
P/E
11.3
P/S
1.7
Revenue estimate
$17.9B
Next fiscal year
Revenue growth
+30%
Next fiscal year
Fundamental detail
Annual + quarterlyLatest revenue$13.8B
Net margin+19.6%
Free cash flow$-6.8B
Net debt$32.5B
PeriodRevenueGrowthNet incomeFCF
2021$0.0-$-356.0M$-2.6B
2022$6.4B-$1.9B$-916.0M
2023$7.9B+22%$2.7B$-3.5B
2024$5.0B-37%$1.5B$-11.6B
2025$13.8B+177%$2.7B$-6.8B
PeriodGross marginOperating marginNet marginROEROA
2021+0.0%+0.0%+0.0%+0.0%+0.0%
2022+65.1%+55.1%+28.8%-998.9%+12.3%
2023+78.7%+61.4%+33.9%+177.5%+9.4%
2024+66.4%+35.5%+31.0%+53.3%+3.5%
2025+49.3%+36.6%+19.6%+40.0%+5.0%
PeriodCashDebtNet debtCurrent ratio
2021---0.00
2022$618.0M$10.9B$10.3B0.81
2023$4.8B$21.2B$16.3B2.57
2024$3.6B$29.8B$26.2B1.29
2025$2.4B$34.9B$32.5B0.93
PeriodMarket capEnterprise valueP/SP/E
2021$56.4B$0.00.0-160.0
2022$56.4B$66.7B8.725.5
2023$49.7B$66.0B6.321.1
2024$58.1B$84.3B11.739.3
2025$16.5B$49.1B1.27.3
PeriodRevenueGrowthNet incomeFCF
Q2 2024$1.1B-$303.0M$-2.7B
Q3 2024$926.0M-12%$-346.0M$-3.5B
Q4 2024$1.5B-7%$938.0M$-3.0B
Q1 2025$2.9B+105%$464.0M$-2.4B
Q2 2025$3.1B+180%$435.0M$-1.5B
Q3 2025$3.3B+260%$496.0M$-1.4B
Q4 2025$4.4B+192%$1.1B$-1.5B
Q1 2026$4.6B+59%$598.0M$-2.4B
PeriodGross marginOperating marginNet marginROEROA
Q2 2024+66.6%+32.8%+27.3%+0.0%+0.0%
Q3 2024+70.6%+20.4%-37.4%-17.7%-0.9%
Q4 2024+66.7%+39.0%+61.5%+32.4%+2.2%
Q1 2025+55.9%+37.3%+16.0%+9.5%+1.0%
Q2 2025+45.6%+33.5%+14.0%+8.3%+0.9%
Q3 2025+51.8%+39.7%+14.9%+6.8%+1.0%
Q4 2025+48.4%+38.7%+25.5%+16.8%+2.1%
Q1 2026+35.0%+25.9%+13.0%+6.7%+1.1%
PeriodCashDebtNet debtCurrent ratio
Q2 2024---0.00
Q3 2024$4.6B$27.4B$22.8B1.71
Q4 2024$3.6B$29.8B$26.2B1.29
Q1 2025$3.6B$29.8B$26.2B1.73
Q2 2025$2.2B$30.5B$28.2B1.39
Q3 2025$2.2B$33.6B$31.4B0.83
Q4 2025$2.4B$34.9B$32.5B0.93
Q1 2026$1.9B$37.6B$35.7B0.87
PeriodMarket capEnterprise valueP/SP/E
Q2 2024$58.2B$0.052.546.2
Q3 2024$58.1B$80.9B62.7-42.9
Q4 2024$58.1B$84.3B38.116.7
Q1 2025$24.7B$50.9B8.516.1
Q2 2025$37.8B$66.0B12.226.0
Q3 2025$34.5B$66.0B10.419.7
Q4 2025$16.5B$49.1B3.73.9
Q1 2026$38.8B$74.5B8.419.7
Refreshed 3h ago
Research data
Estimates, events and peers
Estimates
6 periodsFY 2026$17.9B+30%7 analysts
FY 2027$16.1B+17%8 analysts
FY 2028$20.4B+48%9 analysts
FY 2029$25.3B+84%4 analysts
FY 2030$25.9B+88%4 analysts
Q1 2028$4.4B-5%1 analysts
Events
Earnings · dividends · splits2026-08-10EarningsRevenue est. $4.6B
2026-06-15Dividend0.018 dividend
2026-05-12EarningsRevenue est. $4.0B
2026-03-16Dividend0.018 dividend
2026-03-02EarningsRevenue est. $4.4B
2025-12-15Dividend0.017 dividend