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

New Fortress Energy's (NFE) quarterly Gross Profit came in at $136.9 million in Q1 2026, down 67.19% year-on-year from $417.3 million in Q1 2025, and down 84.52% sequentially from $884.7 million in Q4 2025.

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

New Fortress Energy's Gross Profit history runs 9 years deep, the most recent figure standing at $136.9 million for Q1 2026.

  • In Q1 2026, Gross Profit fell 67.19% year-over-year to $136.9 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 40.02% YoY), while the FY2025 annual figure was $1.3 billion, down 15.8% from the prior year.
  • Gross Profit came in at $136.9 million for Q1 2026 at New Fortress Energy, down 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.
  • The 5-year median for Gross Profit is $338.1 million (2022), against an average of $322.8 million.
  • The widest annual swing landed in 2022, when Gross Profit soared 8902.74%; it then sank 128.98% in 2023.
  • A 5-year view of Gross Profit shows it stood at $1.2 billion in 2022, then slumped by 128.98% to -$352.8 million in 2023, then jumped by 93.94% to -$21.4 million in 2024, then surged by 4237.5% to $884.7 million in 2025, then plunged by 84.52% to $136.9 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 New Fortress Energy 102.85 Mn 38.18 Mn 136.95 Mn

Historic Data

Download Data
DateValue
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