New Fortress Energy (NFE) Construction in Progress (2018 - 2026)
New Fortress Energy's (NFE) quarterly Construction in Progress came in at $3.6 billion in Q2 2026, down 13.83% year-over-year from $4.1 billion in Q2 2025, and down 6.97% quarter-over-quarter from $3.8 billion in Q1 2026.
Analysis
New Fortress Energy (NFE) Construction in Progress (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Construction in Progress for 9 consecutive years, with $3.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Construction in Progress fell 13.83% year-over-year to $3.6 billion in Q2 2026; TTM through Jun 2026 was $3.6 billion, a 13.83% decrease from a year earlier, with the FY2025 full-year figure at $3.6 billion, up 1.9% from the prior year.
- Construction in Progress was $3.6 billion for Q2 2026 at New Fortress Energy, down from $3.8 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.
- A 5-year average of $3.9 billion and a median of $3.9 billion in 2025 frame the typical range for Construction in Progress.
- Across the five-year window, Construction in Progress surged 266.7% in 2022 and slumped 39.09% in 2025, its largest moves.
- Over 5 years, Construction in Progress stood at $2.4 billion in 2022, then surged by 120.89% to $5.3 billion in 2023, then sank by 33.98% to $3.5 billion in 2024, then gained by 1.9% to $3.6 billion in 2025, then declined by 1.02% to $3.6 billion in 2026.
- The last three Construction in Progress figures came in at $3.6 billion (Q2 2026), $3.8 billion (Q1 2026), and $3.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | - |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | - |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | - |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | 1.43 Bn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | - |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | - |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 23.70 Mn |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | 3.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.56 Bn |
| 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 |