Growth Metrics

New Fortress Energy (NFE) Cost of Revenue (2018 - 2025)

New Fortress Energy has reported Cost of Revenue over the past 8 years, most recently at $749.0 million for Q4 2025.

  • Quarterly Cost of Revenue rose 1914.2% to $749.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.1 billion through Dec 2025, up 131.86% year-over-year, with the annual reading at $918.6 million for FY2025, 437.94% up from the prior year.
  • Cost of Revenue was $749.0 million for Q4 2025 at New Fortress Energy, up from $57.3 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $944.7 million in Q4 2022 and troughed at $16.3 million in Q1 2021.
  • The 5-year median for Cost of Revenue is $61.5 million (2024), against an average of $181.6 million.
  • Year-over-year, Cost of Revenue skyrocketed 5046.75% in 2022 and then crashed 94.24% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $18.4 million in 2021, then skyrocketed by 5046.75% to $944.7 million in 2022, then crashed by 94.24% to $54.4 million in 2023, then crashed by 31.61% to $37.2 million in 2024, then surged by 1914.2% to $749.0 million in 2025.
  • Per Business Quant, the three most recent readings for NFE's Cost of Revenue are $749.0 million (Q4 2025), $57.3 million (Q3 2025), and $208.2 million (Q2 2025).