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
DateValue
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%