Opening its yearly report…Finding every part…Pulling out what matters…
VG yearly report (10-K), explained · candor
VG
VGVenture Global, Inc.
The yearly report (10-K), explained
Once a year, every US-listed company files a full report with the SEC called the 10-K. It's longer and more detailed than the glossy annual report sent to shareholders, and its figures are checked by an independent auditor. Here is Venture Global's latest one, part by part: what each part is, why people read it, and what it says. Filed Mar 2, 2026, covering the period to Dec 31, 2025.
At a glance
AuditorErnst & Young LLPAuditor's opinionClean: the statements are fairly presentedCan it keep going?No going-concern warningMoney controlsManagement says they workedRisks it lists90
Found by candor in the report's own text. Green means the usual, reassuring wording was found; amber means read that part.
Where the pages go
About 210 pages, roughly 10 hours to read in full
Point at or tap a block to see which part it is. The longest parts are usually the risks, the managers' discussion and the financial statements.
What its 90 listed risks are about
Each risk heading sorted by the words it uses. Open “What could go wrong” below to read them all.
Other29
Debt, money and the stock13
Laws and regulators13
Suppliers and operations11
Economy and markets8
Competition4
People3
Cyber and data3
Reputation and brand2
Deals and investments2
World events and climate1
Products and technology1
Every part, explained
The notes behind the numbers
The statements only show totals. The 28 notes explain each one: how Venture Global counts sales, what it owes and when, its tax bill, its leases, its business segments and more. Open a note to read it and see its tables.
Filed with the SEC on Mar 2, 2026, for the period ending Dec 31, 2025. Open the original report. Plain-English names and explanations are candor's; anything in quotation marks is Venture Global's own words.