New Fortress Energy (NFE) Gross Margin (2018 - 2026)
New Fortress Energy's (NFE) quarterly Gross Margin came in at 73.94% in Q1 2026, down 1443.0% year-on-year from 5.51% in Q1 2025, and down 66.92% sequentially from 223.55% in Q4 2025.
New Fortress Energy (NFE) Gross Margin (2018 - 2026) Analysis & Trends
New Fortress Energy's Gross Margin history runs 9 years deep, the most recent figure standing at 73.94% for Q1 2026.
- In Q1 2026, Gross Margin fell 1443.0% year-over-year to 73.94%; the TTM figure through Mar 2026 stood at 103.39% (up 4016.0% YoY), while the FY2025 annual figure was 85.47%, down 447.0% from the prior year.
- Gross Margin came in at 73.94% for Q1 2026 at New Fortress Energy, down from 223.55% in the prior quarter.
- Over five years, Gross Margin peaked at 271.34% in Q4 2022 and troughed at 135.31% in Q4 2024.
- The 5-year median for Gross Margin is 68.07% (2023), against an average of 64.3%.
- The widest annual swing landed in 2023, when Gross Margin tumbled 35839 bps; it then jumped 35886 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 271.34% in 2022, then plunged by 132 bps to 87.04% in 2023, then sank by 55 bps to 135.31% in 2024, then surged by 265 bps to 223.55% in 2025, then tumbled by 67 bps to 73.94% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 73.94% in Q1 2026, 223.55% in Q4 2025, and 18.06% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 41.12% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 63.77% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 23.85% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 41.52% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 83.61% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 26.67% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 23.28% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 94.13% |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 Mn | 73.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.94% |
| Dec 31, 2025 | 223.55% |
| Sep 30, 2025 | 18.06% |
| Jun 30, 2025 | 8.74% |
| Mar 31, 2025 | 88.37% |
| Dec 31, 2024 | -135.31% |
| Sep 30, 2024 | 27.07% |
| Jun 30, 2024 | 88.64% |
| Mar 31, 2024 | 62.61% |
| Dec 31, 2023 | -87.04% |
| Sep 30, 2023 | 54.40% |
| Jun 30, 2023 | 93.19% |
| Mar 31, 2023 | 68.07% |
| Dec 31, 2022 | 271.34% |
| Sep 30, 2022 | 46.19% |
| Jun 30, 2022 | 95.88% |
| Mar 31, 2022 | 95.41% |
| Dec 31, 2021 | 50.39% |
| Sep 30, 2021 | 43.91% |
| Jun 30, 2021 | 39.51% |