New Fortress Energy (NFE) Construction in Progress (2018 - 2026)
New Fortress Energy (NFE) reported Construction in Progress of $3.8 billion for Q1 2026, down 2.79% year-over-year from $3.9 billion in Q1 2025, and up 6.4% quarter-over-quarter 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.
- Construction in Progress for Q1 2026 came in at $3.8 billion, down 2.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.8 billion (down 2.79% YoY), and the FY2025 annual result was $3.6 billion, up 1.9% from the prior year.
- Construction in Progress climbed to $3.8 billion in Q1 2026 per NFE's latest filing, 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.
- A 5-year average of $4.0 billion and a median of $3.9 billion in 2025 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2022 and 2025: Construction in Progress soared 266.7% in 2022, then sank 39.09% in 2025.
- A 5-year view of Construction in Progress shows it stood at $2.4 billion in 2022, then soared by 120.89% to $5.3 billion in 2023, then plunged by 33.98% to $3.5 billion in 2024, then advanced by 1.9% to $3.6 billion in 2025, then gained by 6.4% to $3.8 billion in 2026.
- Business Quant data shows NFE's Construction in Progress at $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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 2.64 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 69.07 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 11.47 Mn |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 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 |