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

New Fortress Energy (NFE) posted quarterly Gross Profit of -$14.5 million for Q1 2026, down 117.54% year-over-year from $82.5 million in Q1 2025, and up 89.66% quarter-over-quarter from -$139.9 million in Q4 2025.

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

New Fortress Energy (NFE) has reported Gross Profit for 9 consecutive years, with -$14.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Profit fell 117.54% year-over-year to -$14.5 million; the TTM figure through Mar 2026 stood at $517000.0 (down 99.95% YoY), while the FY2025 annual figure was $260.9 million, down 79.83% from the prior year.
  • Gross Profit climbed to -$14.5 million in Q1 2026 per NFE's latest filing, from -$139.9 million in the prior quarter.
  • Across five years, Gross Profit topped out at $722.0 million in Q4 2024 and bottomed at -$139.9 million in Q4 2025.
  • Historically, Gross Profit has averaged $203.4 million across 5 years, with a median of $205.4 million in 2024.
  • Annual changes were most pronounced in 2022 — Gross Profit soared 22122.9% — and 2025, when it plunged 119.38%.
  • New Fortress Energy's Gross Profit stood at $20.8 million in 2022, then jumped by 1658.11% to $366.4 million in 2023, then jumped by 97.03% to $722.0 million in 2024, then plunged by 119.38% to -$139.9 million in 2025, then jumped by 89.66% to -$14.5 million in 2026.
  • Business Quant data shows NFE's Gross Profit at -$14.5 million in Q1 2026, -$139.9 million in Q4 2025, and $135.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 110.89 Bn 109.40 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.67 Bn 71.64 Bn 7.40 Bn
5 Tc Energy 65.89 Bn 58.33 Bn 1.24 Bn
6 Oneok 60.12 Bn 59.96 Bn 2.81 Bn
7 Mplx 59.97 Bn 58.94 Bn 2.73 Bn
8 Targa Resources 59.56 Bn 59.43 Bn 2.14 Bn
9 Cheniere Energy 56.12 Bn 54.86 Bn 5.29 Bn
10 New Fortress Energy 87.22 Mn -412.92 Mn 102.12 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 102.12 Mn
Jun 30, 2026 102.12 Mn
Mar 31, 2026 -14.47 Mn
Mar 31, 2026 -14.47 Mn
Dec 31, 2025 -139.94 Mn
Dec 31, 2025 -139.94 Mn
Sep 30, 2025 135.00 Mn
Sep 30, 2025 135.00 Mn
Jun 30, 2025 19.93 Mn
Jun 30, 2025 19.93 Mn
Mar 31, 2025 82.50 Mn
Mar 31, 2025 82.50 Mn
Dec 31, 2024 722.01 Mn
Dec 31, 2024 722.01 Mn
Sep 30, 2024 120.76 Mn
Sep 30, 2024 120.76 Mn
Jun 30, 2024 205.36 Mn
Jun 30, 2024 205.36 Mn
Mar 31, 2024 381.59 Mn
Mar 31, 2024 381.59 Mn