New Fortress Energy (NFE) Cost of Revenue (2018 - 2026)
New Fortress Energy's (NFE) quarterly Cost of Revenue came in at $210.4 million in Q2 2026, up 1.07% year-over-year from $208.2 million in Q2 2025, and up 5.36% quarter-over-quarter from $199.7 million in Q1 2026.
Analysis
New Fortress Energy (NFE) Cost of Revenue (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Cost of Revenue for 9 consecutive years, with $210.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 1.07% year-over-year to $210.4 million in Q2 2026; TTM through Jun 2026 was $818.1 million, a 27.34% decrease from a year earlier, with the FY2025 full-year figure at $918.6 million, down 13.76% from the prior year.
- Cost of Revenue was $210.4 million for Q2 2026 at New Fortress Energy, up from $199.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $393.8 million in Q3 2022 and troughed at $135.9 million in Q4 2022.
- A 5-year average of $238.0 million and a median of $216.5 million in 2024 frame the typical range for Cost of Revenue.
- The widest YoY moves for Cost of Revenue: up 190.8% in 2022, down 51.89% in 2022.
- Over 5 years, Cost of Revenue stood at $135.9 million in 2022, then soared by 103.53% to $276.6 million in 2023, then climbed by 4.91% to $290.2 million in 2024, then declined by 27.23% to $211.2 million in 2025, then retreated by 0.37% to $210.4 million in 2026.
- The last three Cost of Revenue figures came in at $210.4 million (Q2 2026), $199.7 million (Q1 2026), and $211.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 439.00 Mn |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 1.66 Bn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 765.00 Mn |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | 42.17 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | 56.08 Mn |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | - |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 9.57 Mn |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | 210.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 210.38 Mn |
| Mar 31, 2026 | 199.69 Mn |
| Dec 31, 2025 | 211.16 Mn |
| Sep 30, 2025 | 196.91 Mn |
| Jun 30, 2025 | 208.16 Mn |
| Mar 31, 2025 | 302.38 Mn |
| Dec 31, 2024 | 290.16 Mn |
| Sep 30, 2024 | 325.29 Mn |
| Jun 30, 2024 | 221.81 Mn |
| Mar 31, 2024 | 227.91 Mn |
| Dec 31, 2023 | 276.60 Mn |
| Sep 30, 2023 | 191.92 Mn |
| Jun 30, 2023 | 225.77 Mn |
| Mar 31, 2023 | 184.94 Mn |
| Dec 31, 2022 | 135.90 Mn |
| Sep 30, 2022 | 393.83 Mn |
| Jun 30, 2022 | 272.40 Mn |
| Mar 31, 2022 | 208.30 Mn |
| Dec 31, 2021 | 282.48 Mn |
| Sep 30, 2021 | 135.43 Mn |