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
DateValue
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%