New Fortress Energy (NFE) Gross Profit (2018 - 2026)
New Fortress Energy (NFE) reported Gross Profit of $102.12 million for Q2 2026, up 6.4% from $95.94 million a year earlier and up 274.5% from the prior quarter.
New Fortress Energy (NFE) Gross Profit (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, New Fortress Energy's Gross Profit came in at $448.98 million, down 49.9% year-over-year; for FY2025, it came in at $585.43 million, down 54.7% from FY2024.
- Gross Profit has a five-year compound annual growth rate of 27.6% (FY2020 to FY2025).
- By year, Gross Profit came in at $1.29 billion in FY2024 (-14.4%), $1.51 billion in FY2023 (+11.3%), $1.36 billion in FY2022 (+92.1%) and $706.8 million in FY2021 (+308.8%).
- Five-year quarterly Gross Profit spans a low of $27.27 million in Q1 2026 and a high of $459.07 million in Q4 2023.
- Year over year, Gross Profit gained in 1 of the last eight quarters, with an average decline of 41.3%.
- The high point for year-over-year Gross Profit in five years was Q1 2022 (growth of 505.6%); the low point was Q1 2026 (a decline of 84.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $27.27 million (Q1 2026), $184.59 million (Q4 2025) and $135 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | New Fortress Energy | 35.81 Mn | -468.24 Mn | 102.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 102.12 Mn |
| Mar 31, 2026 | 27.27 Mn |
| Dec 31, 2025 | 184.59 Mn |
| Sep 30, 2025 | 135.00 Mn |
| Jun 30, 2025 | 95.94 Mn |
| Mar 31, 2025 | 169.91 Mn |
| Dec 31, 2024 | 387.12 Mn |
| Sep 30, 2024 | 243.21 Mn |
| Jun 30, 2024 | 205.36 Mn |
| Mar 31, 2024 | 458.07 Mn |
| Dec 31, 2023 | 459.07 Mn |
| Sep 30, 2023 | 322.54 Mn |
| Jun 30, 2023 | 335.58 Mn |
| Mar 31, 2023 | 394.19 Mn |
| Dec 31, 2022 | 410.47 Mn |
| Sep 30, 2022 | 338.10 Mn |
| Jun 30, 2022 | 312.45 Mn |
| Mar 31, 2022 | 296.82 Mn |
| Dec 31, 2021 | 366.15 Mn |
| Sep 30, 2021 | 169.22 Mn |
New Fortress Energy Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=NFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "NFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();