New Fortress Energy (NFE) Interest Expenses (2018 - 2026)
New Fortress Energy's (NFE) quarterly Interest Expenses came in at $186.9 million in Q1 2026, down 6.7% year-on-year from $200.3 million in Q1 2025, and down 3.14% sequentially from $192.9 million in Q4 2025.
New Fortress Energy (NFE) Interest Expenses (2018 - 2026) Analysis & Trends
New Fortress Energy's Interest Expenses history runs 9 years deep, the most recent figure standing at $186.9 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 6.7% year-over-year to $186.9 million; the TTM figure through Mar 2026 stood at $764.4 million (up 76.99% YoY), while the FY2025 annual figure was $777.8 million, up 145.89% from the prior year.
- Interest Expenses came in at $186.9 million for Q1 2026 at New Fortress Energy, down from $192.9 million in the prior quarter.
- Over five years, Interest Expenses peaked at $200.3 million in Q1 2025 and troughed at $44.9 million in Q1 2022.
- The 5-year median for Interest Expenses is $80.5 million (2022), against an average of $106.0 million.
- The widest annual swing landed in 2025, when Interest Expenses soared 195.45%; it then decreased 6.7% in 2026.
- A 5-year view of Interest Expenses shows it stood at $80.5 million in 2022, then climbed by 3.24% to $83.1 million in 2023, then climbed by 16.21% to $96.6 million in 2024, then surged by 99.71% to $192.9 million in 2025, then retreated by 3.14% to $186.9 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $186.9 million in Q1 2026, $192.9 million in Q4 2025, and $198.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 385.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 439.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 181.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 444.00 Mn |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 Mn | 186.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 186.88 Mn |
| Mar 31, 2026 | 186.88 Mn |
| Dec 31, 2025 | 192.93 Mn |
| Dec 31, 2025 | 192.93 Mn |
| Sep 30, 2025 | 198.22 Mn |
| Sep 30, 2025 | 198.22 Mn |
| Jun 30, 2025 | 186.39 Mn |
| Jun 30, 2025 | 186.39 Mn |
| Mar 31, 2025 | 200.31 Mn |
| Mar 31, 2025 | 200.31 Mn |
| Dec 31, 2024 | 96.60 Mn |
| Dec 31, 2024 | 96.60 Mn |
| Sep 30, 2024 | 71.90 Mn |
| Sep 30, 2024 | 71.90 Mn |
| Jun 30, 2024 | 63.09 Mn |
| Jun 30, 2024 | 63.09 Mn |
| Mar 31, 2024 | 84.75 Mn |
| Mar 31, 2024 | 84.75 Mn |
| Dec 31, 2023 | 83.13 Mn |
| Dec 31, 2023 | 83.13 Mn |