New Fortress Energy (NFE) Construction in Progress (2018 - 2026)
New Fortress Energy's (NFE) quarterly Construction in Progress came in at $3.8 billion in Q1 2026, down 2.79% year-on-year from $3.9 billion in Q1 2025, and up 6.4% sequentially from $3.6 billion in Q4 2025.
New Fortress Energy (NFE) Construction in Progress (2018 - 2026) Analysis & Trends
New Fortress Energy's Construction in Progress history runs 9 years deep, the most recent figure standing at $3.8 billion for Q1 2026.
- In Q1 2026, Construction in Progress fell 2.79% year-over-year to $3.8 billion; the TTM figure through Mar 2026 stood at $3.8 billion (down 2.79% YoY), while the FY2025 annual figure was $3.6 billion, up 1.9% from the prior year.
- Construction in Progress came in at $3.8 billion for Q1 2026 at New Fortress Energy, up from $3.6 billion in the prior quarter.
- Over five years, Construction in Progress peaked at $7.1 billion in Q3 2024 and troughed at $1.2 billion in Q1 2022.
- The 5-year median for Construction in Progress is $3.9 billion (2025), against an average of $4.0 billion.
- The widest annual swing landed in 2022, when Construction in Progress jumped 266.7%; it then slumped 39.09% in 2025.
- A 5-year view of Construction in Progress shows it stood at $2.4 billion in 2022, then jumped by 120.89% to $5.3 billion in 2023, then sank by 33.98% to $3.5 billion in 2024, then climbed by 1.9% to $3.6 billion in 2025, then advanced by 6.4% to $3.8 billion in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $3.8 billion in Q1 2026, $3.6 billion in Q4 2025, and $4.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 2.64 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 Mn | 3.82 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.82 Bn |
| Dec 31, 2025 | 3.59 Bn |
| Sep 30, 2025 | 4.30 Bn |
| Jun 30, 2025 | 4.13 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Dec 31, 2024 | 3.53 Bn |
| Sep 30, 2024 | 7.06 Bn |
| Jun 30, 2024 | 6.31 Bn |
| Mar 31, 2024 | 5.78 Bn |
| Dec 31, 2023 | 5.34 Bn |
| Sep 30, 2023 | 4.79 Bn |
| Jun 30, 2023 | 4.59 Bn |
| Mar 31, 2023 | 3.36 Bn |
| Dec 31, 2022 | 2.42 Bn |
| Sep 30, 2022 | 1.84 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.24 Bn |
| Dec 31, 2021 | 1.04 Bn |
| Sep 30, 2021 | 973.88 Mn |
| Jun 30, 2021 | 692.75 Mn |