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| Date | Value |
|---|---|
| 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 |