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% sequentially from -$629.7 million in Q4 2025.
New Fortress Energy (NFE) EBIT (2018 - 2026) Analysis & Trends
New Fortress Energy's EBIT history runs 9 years deep, the most recent figure standing at -$225.4 million for Q1 2026.
- In Q1 2026, EBIT fell 1700.26% year-over-year to -$225.4 million; the TTM figure through Mar 2026 stood at -$1.3 billion (down 503.05% YoY), while the FY2025 annual figure was -$1.1 billion, down 312.01% from the prior year.
- EBIT came in at -$225.4 million for Q1 2026 at New Fortress Energy, up from -$629.7 million in the prior quarter.
- Over five years, EBIT peaked at $327.9 million in Q4 2023 and troughed at -$629.7 million in Q4 2025.
- The 5-year median for EBIT is $149.6 million (2023), against an average of $50.3 million.
- The widest annual swing landed in 2022, when EBIT surged 1192.19%; it then tumbled 1700.26% in 2026.
- A 5-year view of EBIT shows it stood at $250.5 million in 2022, then soared 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 soared 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 846.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 361.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.15 Bn |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 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 |