New Fortress Energy (NFE) Gross Margin (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Gross Margin of 7.81% for Q1 2026, down 2925.0% year-over-year from 0.28% in Q1 2025, and up 96.02% quarter-over-quarter from 196.5% in Q4 2025.
New Fortress Energy (NFE) Gross Margin (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Gross Margin for 9 consecutive years, with 7.81% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 2925.0% year-over-year to 7.81%; the TTM figure through Mar 2026 stood at 0.06% (down 4974.0% YoY), while the FY2025 annual figure was 22.12%, down 3273.0% from the prior year.
- Gross Margin improved to 7.81% in Q1 2026 per NFE's latest filing, from 196.5% in the prior quarter.
- Across five years, Gross Margin topped out at 71.33% in Q4 2024 and bottomed at 196.5% in Q4 2025.
- Historically, Gross Margin has averaged 26.88% across 5 years, with a median of 47.94% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin surged 5394 bps — and 2025, when it tumbled 26784 bps.
- New Fortress Energy's Gross Margin stood at 13.3% in 2022, then surged by 329 bps to 56.99% in 2023, then climbed by 25 bps to 71.33% in 2024, then slumped by 375 bps to 196.5% in 2025, then jumped by 96 bps to 7.81% in 2026.
- Business Quant data shows NFE's Gross Margin at 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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 95.91% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.30% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 92.34% |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 Mn | 32.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.68% |
| 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% |