New Fortress Energy (NFE) Gross Margin (2018 - 2026)
New Fortress Energy (NFE) reported Gross Margin of 73.94% for Q1 2026, down 1443.0% year-over-year from 5.51% in Q1 2025, and down 66.92% quarter-over-quarter from 223.55% 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 73.94% in Q1 2026.
- Gross Margin for Q1 2026 came in at 73.94%, down 1443.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 103.39% (up 4016.0% YoY), and the FY2025 annual result was 85.47%, down 447.0% from the prior year.
- Gross Margin fell to 73.94% in Q1 2026 per NFE's latest filing, 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.
- A 5-year average of 64.3% and a median of 68.07% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin slumped 35839 bps in 2023, then soared 35886 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 271.34% in 2022, then tumbled by 132 bps to 87.04% in 2023, then plunged by 55 bps to 135.31% in 2024, then jumped by 265 bps to 223.55% in 2025, then slumped by 67 bps to 73.94% in 2026.
- Business Quant data shows NFE's Gross Margin at 73.94% in Q1 2026, 223.55% in Q4 2025, and 18.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 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% |