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Side-by-side financial comparison of Clean Energy Technologies, Inc. (CETY) and Venture Global, Inc. (VG). Click either name above to swap in a different company.

Venture Global, Inc. is the larger business by last-quarter revenue ($4.4B vs $773.6K, roughly 5746.2× Clean Energy Technologies, Inc.). Venture Global, Inc. runs the higher net margin — 26.8% vs -271.8%, a 298.6% gap on every dollar of revenue. On growth, Clean Energy Technologies, Inc. posted the faster year-over-year revenue change (228.9% vs 191.7%). Over the past eight quarters, Venture Global, Inc.'s revenue compounded faster (77.3% CAGR vs -26.1%).

Bloom Energy is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which independently produce electricity onsite for power generation in data centers, manufacturing, and other commercial sectors. Founded in 2001 and headquartered in San Jose, California; its fuel cell technology generates electricity through a chemical conversion process, which differs from most other power sources reliant on combustion, and can use natural gas, biogas or hydrogen as fuel...

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

CETY vs VG — Head-to-Head

Bigger by revenue
VG
VG
5746.2× larger
VG
$4.4B
$773.6K
CETY
Growing faster (revenue YoY)
CETY
CETY
+37.2% gap
CETY
228.9%
191.7%
VG
Higher net margin
VG
VG
298.6% more per $
VG
26.8%
-271.8%
CETY
Faster 2-yr revenue CAGR
VG
VG
Annualised
VG
77.3%
-26.1%
CETY

Income Statement — Q3 2025 vs Q4 2025

Metric
CETY
CETY
VG
VG
Revenue
$773.6K
$4.4B
Net Profit
$-2.1M
$1.2B
Gross Margin
23.7%
Operating Margin
-172.6%
38.7%
Net Margin
-271.8%
26.8%
Revenue YoY
228.9%
191.7%
Net Profit YoY
-61.8%
20.3%
EPS (diluted)
$-0.47
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CETY
CETY
VG
VG
Q4 25
$4.4B
Q3 25
$773.6K
$3.3B
Q2 25
$236.3K
$3.1B
Q1 25
$791.9K
$2.9B
Q4 24
$480.3K
$1.5B
Q3 24
$235.2K
$926.0M
Q2 24
$196.1K
$1.1B
Q1 24
$1.5M
$1.4B
Net Profit
CETY
CETY
VG
VG
Q4 25
$1.2B
Q3 25
$-2.1M
$550.0M
Q2 25
$-1.1M
$475.0M
Q1 25
$-331.2K
$517.0M
Q4 24
$-865.6K
$990.0M
Q3 24
$-1.3M
$-294.0M
Q2 24
$-831.9K
$352.0M
Q1 24
$-1.4M
$698.0M
Gross Margin
CETY
CETY
VG
VG
Q4 25
Q3 25
23.7%
Q2 25
94.7%
Q1 25
92.0%
Q4 24
42.7%
Q3 24
90.4%
Q2 24
89.8%
Q1 24
16.7%
Operating Margin
CETY
CETY
VG
VG
Q4 25
38.7%
Q3 25
-172.6%
39.7%
Q2 25
-311.0%
33.5%
Q1 25
-12.1%
37.3%
Q4 24
-116.3%
39.0%
Q3 24
-322.9%
20.4%
Q2 24
-496.6%
32.8%
Q1 24
-54.3%
43.6%
Net Margin
CETY
CETY
VG
VG
Q4 25
26.8%
Q3 25
-271.8%
16.5%
Q2 25
-460.8%
15.3%
Q1 25
-41.8%
17.9%
Q4 24
-180.2%
65.0%
Q3 24
-552.5%
-31.7%
Q2 24
-424.2%
31.8%
Q1 24
-93.8%
49.4%
EPS (diluted)
CETY
CETY
VG
VG
Q4 25
$0.41
Q3 25
$-0.47
$0.16
Q2 25
$-0.02
$0.14
Q1 25
$-0.01
$0.15
Q4 24
$0.40
$0.35
Q3 24
$-0.44
$-0.15
Q2 24
$-0.02
$0.12
Q1 24
$-0.04
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CETY
CETY
VG
VG
Cash + ST InvestmentsLiquidity on hand
$234.9K
$2.4B
Total DebtLower is stronger
$34.2B
Stockholders' EquityBook value
$7.1M
$6.7B
Total Assets
$14.8M
$53.4B
Debt / EquityLower = less leverage
5.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CETY
CETY
VG
VG
Q4 25
$2.4B
Q3 25
$234.9K
$1.9B
Q2 25
$233.4K
$2.2B
Q1 25
$3.6B
Q4 24
$62.1K
$3.6B
Q3 24
Q2 24
Q1 24
Total Debt
CETY
CETY
VG
VG
Q4 25
$34.2B
Q3 25
$32.6B
Q2 25
$30.0B
Q1 25
$29.3B
Q4 24
$29.3B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CETY
CETY
VG
VG
Q4 25
$6.7B
Q3 25
$7.1M
$5.7B
Q2 25
$7.8M
$5.3B
Q1 25
$3.0M
$4.9B
Q4 24
$2.9M
$2.9B
Q3 24
$3.6M
Q2 24
$4.6M
Q1 24
$4.4M
Total Assets
CETY
CETY
VG
VG
Q4 25
$53.4B
Q3 25
$14.8M
$50.1B
Q2 25
$14.8M
$46.5B
Q1 25
$10.1M
$45.1B
Q4 24
$9.5M
$43.5B
Q3 24
$9.4M
Q2 24
$9.3M
Q1 24
$9.0M
Debt / Equity
CETY
CETY
VG
VG
Q4 25
5.07×
Q3 25
5.73×
Q2 25
5.69×
Q1 25
6.01×
Q4 24
10.11×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CETY
CETY
VG
VG
Operating Cash FlowLast quarter
$-4.7M
$2.1B
Free Cash FlowOCF − Capex
$-1.5B
FCF MarginFCF / Revenue
-34.1%
Capex IntensityCapex / Revenue
81.6%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CETY
CETY
VG
VG
Q4 25
$2.1B
Q3 25
$-4.7M
$1.9B
Q2 25
$-780.9K
$1.5B
Q1 25
$-776.0K
$1.1B
Q4 24
$-772.3K
Q3 24
$-1.2M
Q2 24
$-740.4K
Q1 24
$-871.6K
$638.0M
Free Cash Flow
CETY
CETY
VG
VG
Q4 25
$-1.5B
Q3 25
$-1.4B
Q2 25
$-1.5B
Q1 25
$-2.4B
Q4 24
Q3 24
Q2 24
Q1 24
$-2.4B
FCF Margin
CETY
CETY
VG
VG
Q4 25
-34.1%
Q3 25
-42.4%
Q2 25
-49.1%
Q1 25
-81.3%
Q4 24
Q3 24
Q2 24
Q1 24
-167.3%
Capex Intensity
CETY
CETY
VG
VG
Q4 25
81.6%
Q3 25
98.9%
Q2 25
96.1%
Q1 25
119.8%
Q4 24
Q3 24
Q2 24
Q1 24
212.4%
Cash Conversion
CETY
CETY
VG
VG
Q4 25
1.77×
Q3 25
3.42×
Q2 25
3.07×
Q1 25
2.15×
Q4 24
Q3 24
Q2 24
Q1 24
0.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CETY
CETY

Segment breakdown not available.

VG
VG

Plaquemines Project Segment$3.4B76%
Calcasieu Project Segment$841.0M19%
Other$208.0M5%

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