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% on a QoQ basis from $3.6 billion in Q4 2025.

New Fortress Energy (NFE) Construction in Progress (2018 - 2026) Analysis & Trends

New Fortress Energy (NFE) has 9 years of Construction in Progress data on file, last reported at $3.8 billion in Q1 2026.

  • On a quarterly basis, Construction in Progress fell 2.79% year-over-year to $3.8 billion in Q1 2026; TTM through Mar 2026 was $3.8 billion, a 2.79% 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 for Q1 2026 stood at $3.8 billion, up from $3.6 billion in the prior quarter.
  • Over the last five years, Construction in Progress for NFE reached as high as $7.1 billion in Q3 2024 and fell as low as $1.2 billion in Q1 2022.
  • Historically, Construction in Progress has averaged $4.0 billion across 5 years, with a median of $3.9 billion in 2025.
  • Across the five-year window, Construction in Progress jumped 266.7% in 2022 and tumbled 39.09% in 2025, its largest moves.
  • Year by year, Construction in Progress stood at $2.4 billion in 2022, then soared by 120.89% to $5.3 billion in 2023, then sank by 33.98% to $3.5 billion in 2024, then increased by 1.9% to $3.6 billion in 2025, then grew 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 55.68 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn -
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.64 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 58.08 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 New Fortress Energy 97.14 Mn 32.46 Mn -14.47 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