New Fortress Energy (NFE) Accumulated Expenses (2018 - 2026)
New Fortress Energy's Accumulated Expenses came in at $1.03 billion for Q2 2026, up 264.9% from $283.01 million a year earlier and up 22.4% from the prior quarter.
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Analysis
New Fortress Energy (NFE) Accumulated Expenses (2018 - 2026) Analysis & Trends
At the end of FY2025, New Fortress Energy's Accumulated Expenses was $597.78 million, up 37.5% from FY2024.
- Accumulated Expenses carries a five-year compound annual growth rate of 45.9% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $434.68 million in FY2024 (-10.6%), $486.28 million in FY2023 (-58.2%), $1.16 billion in FY2022 (+376.3%) and $244.03 million in FY2021 (+170.1%).
- The Q2 2026 figure represents the highest quarterly Accumulated Expenses since Q4 2022.
- Year-over-year, Accumulated Expenses has increased for four consecutive quarters, with growth averaging 56.0% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q4 2022 (growth of 376.3%), and the weakest in Q4 2023 (a decline of 58.2%).
- Business Quant data shows NFE's Accumulated Expenses at $844.06 million (Q1 2026), $597.78 million (Q4 2025) and $510.99 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | New Fortress Energy | 35.81 Mn | -468.24 Mn | 102.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 Bn |
| Mar 31, 2026 | 844.06 Mn |
| Dec 31, 2025 | 597.78 Mn |
| Sep 30, 2025 | 510.99 Mn |
| Jun 30, 2025 | 283.01 Mn |
| Mar 31, 2025 | 287.96 Mn |
| Dec 31, 2024 | 434.68 Mn |
| Sep 30, 2024 | 376.42 Mn |
| Jun 30, 2024 | 388.23 Mn |
| Mar 31, 2024 | 422.64 Mn |
| Dec 31, 2023 | 486.28 Mn |
| Sep 30, 2023 | 435.69 Mn |
| Jun 30, 2023 | 821.14 Mn |
| Mar 31, 2023 | 602.93 Mn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 278.73 Mn |
| Jun 30, 2022 | 236.54 Mn |
| Mar 31, 2022 | 252.86 Mn |
| Dec 31, 2021 | 244.03 Mn |
| Sep 30, 2021 | 159.30 Mn |
API Access
New Fortress Energy Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();