New Fortress Energy (NFE) Gross Profit (2018 - 2026)
New Fortress Energy (NFE) reported Gross Profit of $136.9 million for Q1 2026, down 67.19% year-over-year from $417.3 million in Q1 2025, and down 84.52% quarter-over-quarter from $884.7 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 $136.9 million in Q1 2026.
- Gross Profit for Q1 2026 came in at $136.9 million, down 67.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 40.02% YoY), and the FY2025 annual result was $1.3 billion, down 15.8% from the prior year.
- Gross Profit eased to $136.9 million in Q1 2026 per NFE's latest filing, from $884.7 million in the prior quarter.
- Over five years, Gross Profit peaked at $1.2 billion in Q4 2022 and troughed at -$352.8 million in Q4 2023.
- A 5-year average of $322.8 million and a median of $338.1 million in 2022 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit surged 8902.74% in 2022, then plunged 128.98% in 2023.
- A 5-year view of Gross Profit shows it stood at $1.2 billion in 2022, then sank by 128.98% to -$352.8 million in 2023, then soared by 93.94% to -$21.4 million in 2024, then jumped by 4237.5% to $884.7 million in 2025, then tumbled by 84.52% to $136.9 million in 2026.
- Business Quant data shows NFE's Gross Profit at $136.9 million in Q1 2026, $884.7 million in Q4 2025, and $43.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 Mn | 136.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 136.95 Mn |
| Mar 31, 2026 | 136.95 Mn |
| Dec 31, 2025 | 884.68 Mn |
| Dec 31, 2025 | 884.68 Mn |
| Sep 30, 2025 | 43.41 Mn |
| Sep 30, 2025 | 43.41 Mn |
| Jun 30, 2025 | 19.93 Mn |
| Jun 30, 2025 | 19.93 Mn |
| Mar 31, 2025 | 417.34 Mn |
| Mar 31, 2025 | 417.34 Mn |
| Dec 31, 2024 | -21.38 Mn |
| Dec 31, 2024 | -21.38 Mn |
| Sep 30, 2024 | 120.76 Mn |
| Sep 30, 2024 | 120.76 Mn |
| Jun 30, 2024 | 258.14 Mn |
| Jun 30, 2024 | 258.14 Mn |
| Mar 31, 2024 | 381.59 Mn |
| Mar 31, 2024 | 381.59 Mn |
| Dec 31, 2023 | -352.76 Mn |
| Dec 31, 2023 | -352.76 Mn |