New Fortress Energy (NFE) Gross Margin (2018 - 2026)
New Fortress Energy's (NFE) quarterly Gross Margin came in at 7.81% in Q1 2026, down 2925.0% year-on-year from 0.28% in Q1 2025, and up 96.02% on a QoQ basis from 196.5% in Q4 2025.
New Fortress Energy (NFE) Gross Margin (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Gross Margin data on file, last reported at 7.81% in Q1 2026.
- On a quarterly basis, Gross Margin fell 2925.0% year-over-year to 7.81% in Q1 2026; TTM through Mar 2026 was 0.06%, a 4974.0% decrease from a year earlier, with the FY2025 full-year figure at 22.12%, down 3273.0% from the prior year.
- Gross Margin for Q1 2026 stood at 7.81%, up from 196.5% in the prior quarter.
- Over the last five years, Gross Margin for NFE reached as high as 71.33% in Q4 2024 and fell as low as 196.5% in Q4 2025.
- Historically, Gross Margin has averaged 26.88% across 5 years, with a median of 47.94% in 2022.
- Across the five-year window, Gross Margin soared 5394 bps in 2022 and sank 26784 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 13.3% in 2022, then jumped by 329 bps to 56.99% in 2023, then increased by 25 bps to 71.33% in 2024, then slumped by 375 bps to 196.5% in 2025, then soared by 96 bps to 7.81% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 7.81% in Q1 2026, 196.5% in Q4 2025, and 40.67% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 89.73% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 76.80% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 68.62% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.17% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 23.85% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 41.52% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 93.41% |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | -7.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.81% |
| Dec 31, 2025 | -196.50% |
| Sep 30, 2025 | 40.67% |
| Jun 30, 2025 | 8.74% |
| Mar 31, 2025 | 21.44% |
| Dec 31, 2024 | 71.33% |
| Sep 30, 2024 | 27.07% |
| Jun 30, 2024 | 48.07% |
| Mar 31, 2024 | 62.61% |
| Dec 31, 2023 | 56.99% |
| Sep 30, 2023 | 54.40% |
| Jun 30, 2023 | 54.36% |
| Mar 31, 2023 | 63.14% |
| Dec 31, 2022 | 13.30% |
| Sep 30, 2022 | 37.75% |
| Jun 30, 2022 | 53.42% |
| Mar 31, 2022 | 47.94% |
| Dec 31, 2021 | 48.49% |
| Sep 30, 2021 | 28.11% |
| Jun 30, 2021 | 1.37% |