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

New Fortress Energy's (NFE) quarterly Gross Profit came in at -$14.5 million in Q1 2026, down 117.54% year-on-year from $82.5 million in Q1 2025, and up 89.66% on a QoQ basis from -$139.9 million in Q4 2025.

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

New Fortress Energy (NFE) has 9 years of Gross Profit data on file, last reported at -$14.5 million in Q1 2026.

  • On a quarterly basis, Gross Profit fell 117.54% year-over-year to -$14.5 million in Q1 2026; TTM through Mar 2026 was $517000.0, a 99.95% decrease from a year earlier, with the FY2025 full-year figure at $260.9 million, down 79.83% from the prior year.
  • Gross Profit for Q1 2026 stood at -$14.5 million, up from -$139.9 million in the prior quarter.
  • Over the last five years, Gross Profit for NFE reached as high as $722.0 million in Q4 2024 and fell as low as -$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.
  • Across the five-year window, Gross Profit jumped 22122.9% in 2022 and slumped 119.38% in 2025, its largest moves.
  • Year by year, Gross Profit stood at $20.8 million in 2022, then soared by 1658.11% to $366.4 million in 2023, then soared by 97.03% to $722.0 million in 2024, then plunged by 119.38% to -$139.9 million in 2025, then soared by 89.66% to -$14.5 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were -$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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 New Fortress Energy 97.14 Mn 32.46 Mn -14.47 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 366.44 Mn
Dec 31, 2023 366.44 Mn