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
DateValue
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