New Fortress Energy (NFE) EBIT (2018 - 2026)
New Fortress Energy's (NFE) quarterly EBIT came in at -$225.4 million in Q1 2026, down 1700.26% year-on-year from $14.1 million in Q1 2025, and up 64.21% on a QoQ basis from -$629.7 million in Q4 2025.
New Fortress Energy (NFE) EBIT (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of EBIT data on file, last reported at -$225.4 million in Q1 2026.
- On a quarterly basis, EBIT fell 1700.26% year-over-year to -$225.4 million in Q1 2026; TTM through Mar 2026 was -$1.3 billion, a 503.05% decrease from a year earlier, with the FY2025 full-year figure at -$1.1 billion, down 312.01% from the prior year.
- EBIT for Q1 2026 stood at -$225.4 million, up from -$629.7 million in the prior quarter.
- Over the last five years, EBIT for NFE reached as high as $327.9 million in Q4 2023 and fell as low as -$629.7 million in Q4 2025.
- Historically, EBIT has averaged $50.3 million across 5 years, with a median of $149.6 million in 2023.
- Across the five-year window, EBIT surged 1192.19% in 2022 and plunged 1700.26% in 2026, its largest moves.
- Year by year, EBIT stood at $250.5 million in 2022, then surged by 30.89% to $327.9 million in 2023, then tumbled by 30.46% to $228.0 million in 2024, then slumped by 376.17% to -$629.7 million in 2025, then surged by 64.21% to -$225.4 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were -$225.4 million in Q1 2026, -$629.7 million in Q4 2025, and -$89.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 167.66 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 83.60 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 441.01 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | -225.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -225.38 Mn |
| Dec 31, 2025 | -629.67 Mn |
| Sep 30, 2025 | -89.85 Mn |
| Jun 30, 2025 | -388.38 Mn |
| Mar 31, 2025 | -12.52 Mn |
| Dec 31, 2024 | 228.00 Mn |
| Sep 30, 2024 | 79.50 Mn |
| Jun 30, 2024 | 35.82 Mn |
| Mar 31, 2024 | 185.16 Mn |
| Dec 31, 2023 | 327.87 Mn |
| Sep 30, 2023 | 149.59 Mn |
| Jun 30, 2023 | 190.97 Mn |
| Mar 31, 2023 | 267.22 Mn |
| Dec 31, 2022 | 250.49 Mn |
| Sep 30, 2022 | 186.74 Mn |
| Jun 30, 2022 | 133.70 Mn |
| Mar 31, 2022 | 166.46 Mn |
| Dec 31, 2021 | 219.49 Mn |
| Sep 30, 2021 | 53.94 Mn |
| Jun 30, 2021 | -12.24 Mn |