New Fortress Energy (NFE) Interest Expenses (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Interest Expenses of $186.9 million for Q1 2026, down 6.7% year-over-year from $200.3 million in Q1 2025, and down 3.14% quarter-over-quarter from $192.9 million in Q4 2025.
New Fortress Energy (NFE) Interest Expenses (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Interest Expenses for 9 consecutive years, with $186.9 million the latest figure, recorded in 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 72.92% from the prior year.
- Interest Expenses fell to $186.9 million in Q1 2026 per NFE's latest filing, from $192.9 million in the prior quarter.
- Across five years, Interest Expenses topped out at $200.3 million in Q1 2025 and bottomed at $44.9 million in Q1 2022.
- Historically, Interest Expenses has averaged $113.0 million across 5 years, with a median of $84.7 million in 2024.
- Annual changes were most pronounced in 2024 — Interest Expenses tumbled 50.38% — and 2025, when it surged 195.45%.
- New Fortress Energy's Interest Expenses stood at $87.2 million in 2022, then jumped by 123.2% to $194.7 million in 2023, then plunged by 50.38% 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.
- Business Quant data shows NFE's Interest Expenses at $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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 256.00 Mn |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 1.01 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 974.00 Mn |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 934.00 Mn |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 1.23 Bn |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 434.00 Mn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 322.00 Mn |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 959.20 Mn |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 3.05 Bn |
| 10 | New Fortress Energy | 87.22 Mn | -412.92 Mn | 102.12 Mn | 386.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -182.88 Mn |
| Jun 30, 2026 | -182.88 Mn |
| 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 |