New Fortress Energy (NFE) Gross Margin (2018 - 2026)
New Fortress Energy's (NFE) quarterly Gross Margin came in at 32.68% in Q2 2026, up 113.0% year-over-year from 15.34% in Q2 2025, and up 171.99% quarter-over-quarter from 12.01% in Q1 2026.
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New Fortress Energy (NFE) Gross Margin (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Gross Margin for 9 consecutive years, with 32.68% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 113.0% year-over-year to 32.68% in Q2 2026; TTM through Jun 2026 was 35.43%, a 888.0% decrease from a year earlier, with the FY2025 full-year figure at 38.92%, down 1592.0% from the prior year.
- Gross Margin was 32.68% for Q2 2026 at New Fortress Energy, up from 12.01% in the prior quarter.
- Over five years, Gross Margin peaked at 75.13% in Q4 2022 and troughed at 12.01% in Q1 2026.
- A 5-year average of 50.04% and a median of 50.75% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 2512 bps in 2022 and tumbled 3080 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 75.13% in 2022, then declined by 17 bps to 62.4% in 2023, then decreased by 8 bps to 57.16% in 2024, then decreased by 18 bps to 46.64% in 2025, then retreated by 30 bps to 32.68% in 2026.
- The last three Gross Margin figures came in at 32.68% (Q2 2026), 12.01% (Q1 2026), and 46.64% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 92.34% |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 63.74% |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 70.38% |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | 67.68% |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | 82.97% |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | - |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 19.70% |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | 32.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.68% |
| Mar 31, 2026 | 12.01% |
| Dec 31, 2025 | 46.64% |
| Sep 30, 2025 | 40.67% |
| Jun 30, 2025 | 31.55% |
| Mar 31, 2025 | 35.98% |
| Dec 31, 2024 | 57.16% |
| Sep 30, 2024 | 42.78% |
| Jun 30, 2024 | 48.07% |
| Mar 31, 2024 | 66.78% |
| Dec 31, 2023 | 62.40% |
| Sep 30, 2023 | 62.70% |
| Jun 30, 2023 | 59.78% |
| Mar 31, 2023 | 68.07% |
| Dec 31, 2022 | 75.13% |
| Sep 30, 2022 | 46.19% |
| Jun 30, 2022 | 53.42% |
| Mar 31, 2022 | 58.76% |
| Dec 31, 2021 | 56.45% |
| Sep 30, 2021 | 55.55% |