New Fortress Energy (NFE) Free Cash Flow (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Free Cash Flow of -$357.6 million for Q1 2026, up 5.79% year-over-year from -$338.0 million in Q1 2025, and down 226.71% quarter-over-quarter from $282.2 million in Q4 2025.
New Fortress Energy (NFE) Free Cash Flow (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Free Cash Flow for 9 consecutive years, with -$357.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 5.79% year-over-year to -$357.6 million; the TTM figure through Mar 2026 stood at -$1.0 billion (up 49.59% YoY), while the FY2025 annual figure was -$817.2 million, up 51.55% from the prior year.
- Free Cash Flow declined to -$357.6 million in Q1 2026 per NFE's latest filing, from $282.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.7 billion in Q4 2023 and bottomed at -$1.0 billion in Q2 2023.
- Historically, Free Cash Flow has averaged -$272.8 million across 5 years, with a median of -$379.2 million in 2025.
- Annual changes were most pronounced in 2022 — Free Cash Flow plunged 756.48% — and 2023, when it soared 1512.11%.
- New Fortress Energy's Free Cash Flow stood at -$122.8 million in 2022, then surged by 1512.11% to $1.7 billion in 2023, then plunged by 121.25% to -$368.6 million in 2024, then jumped by 176.56% to $282.2 million in 2025, then tumbled by 226.71% to -$357.6 million in 2026.
- Business Quant data shows NFE's Free Cash Flow at -$357.6 million in Q1 2026, $282.2 million in Q4 2025, and -$379.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 978.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 821.24 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 2.71 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 1.89 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 877.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 1.44 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 431.20 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 398.00 Mn |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 Mn | -320.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -320.69 Mn |
| Jun 30, 2026 | -320.69 Mn |
| Mar 31, 2026 | -357.62 Mn |
| Mar 31, 2026 | -357.62 Mn |
| Dec 31, 2025 | 282.24 Mn |
| Dec 31, 2025 | 282.24 Mn |
| Sep 30, 2025 | -379.17 Mn |
| Sep 30, 2025 | -379.17 Mn |
| Jun 30, 2025 | -580.82 Mn |
| Jun 30, 2025 | -580.82 Mn |
| Mar 31, 2025 | -379.60 Mn |
| Mar 31, 2025 | -379.60 Mn |
| Dec 31, 2024 | -368.64 Mn |
| Dec 31, 2024 | -368.64 Mn |
| Sep 30, 2024 | -773.00 Mn |
| Sep 30, 2024 | -773.00 Mn |
| Jun 30, 2024 | -532.69 Mn |
| Jun 30, 2024 | -532.69 Mn |
| Mar 31, 2024 | -457.94 Mn |
| Mar 31, 2024 | -457.94 Mn |