New Fortress Energy (NFE) Gross Margin (2018 - 2026)

New Fortress Energy's (NFE) quarterly Gross Margin came in at 7.81% in Q1 2026, down 2925.0% year-on-year from 0.28% in Q1 2025, and up 96.02% on a QoQ basis from 196.5% in Q4 2025.

New Fortress Energy (NFE) Gross Margin (2018 - 2026) Analysis & Trends

New Fortress Energy (NFE) has 9 years of Gross Margin data on file, last reported at 7.81% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 2925.0% year-over-year to 7.81% in Q1 2026; TTM through Mar 2026 was 0.06%, a 4974.0% decrease from a year earlier, with the FY2025 full-year figure at 22.12%, down 3273.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 7.81%, up from 196.5% in the prior quarter.
  • Over the last five years, Gross Margin for NFE reached as high as 71.33% in Q4 2024 and fell as low as 196.5% in Q4 2025.
  • Historically, Gross Margin has averaged 26.88% across 5 years, with a median of 47.94% in 2022.
  • Across the five-year window, Gross Margin soared 5394 bps in 2022 and sank 26784 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 13.3% in 2022, then jumped by 329 bps to 56.99% in 2023, then increased by 25 bps to 71.33% in 2024, then slumped by 375 bps to 196.5% in 2025, then soared by 96 bps to 7.81% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 89.73%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 76.80%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 68.62%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 41.12%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 97.17%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 23.85%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 41.52%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 93.41%
10 New Fortress Energy 97.14 Mn 32.46 Mn -14.47 Mn -7.81%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 1.37%