New Fortress Energy (NFE) EBITDA (2018 - 2026)
New Fortress Energy (NFE) posted quarterly EBITDA of -$225.4 million for Q1 2026, down 1700.26% year-over-year from $14.1 million in Q1 2025, and up 64.21% quarter-over-quarter from -$629.7 million in Q4 2025.
New Fortress Energy (NFE) EBITDA (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported EBITDA for 9 consecutive years, with -$225.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA 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.
- EBITDA advanced to -$225.4 million in Q1 2026 per NFE's latest filing, from -$629.7 million in the prior quarter.
- Across five years, EBITDA topped out at $327.9 million in Q4 2023 and bottomed at -$629.7 million in Q4 2025.
- Historically, EBITDA has averaged $50.3 million across 5 years, with a median of $149.6 million in 2023.
- Annual changes were most pronounced in 2022 — EBITDA jumped 1192.19% — and 2026, when it slumped 1700.26%.
- New Fortress Energy's EBITDA 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.
- Business Quant data shows NFE's EBITDA at -$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) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 2.10 Bn |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 1.45 Mn |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 1.59 Bn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 1.38 Bn |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 1.23 Bn |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 4.29 Bn |
| 10 | New Fortress Energy | 87.85 Mn | -412.29 Mn | 102.12 Mn | -148.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -148.72 Mn |
| 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 |