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% on a QoQ basis from $192.9 million in Q4 2025.
New Fortress Energy (NFE) Interest Expenses (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Interest Expenses data on file, last reported at $186.9 million in Q1 2026.
- On a quarterly basis, Interest Expenses fell 6.7% year-over-year to $186.9 million in Q1 2026; TTM through Mar 2026 was $764.4 million, a 162.3% increase from a year earlier, with the FY2025 full-year figure at $777.8 million, up 72.92% from the prior year.
- Interest Expenses for Q1 2026 stood at $186.9 million, down from $192.9 million in the prior quarter.
- Over the last five years, Interest Expenses for NFE reached as high as $200.3 million in Q1 2025 and fell as low as -$43.9 million in Q4 2024.
- Historically, Interest Expenses has averaged $104.3 million across 5 years, with a median of $71.9 million in 2024.
- Across the five-year window, Interest Expenses tumbled 122.53% in 2024 and surged 539.75% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $80.5 million in 2022, then surged by 141.8% to $194.7 million in 2023, then tumbled by 122.53% to -$43.9 million in 2024, then jumped by 539.75% to $192.9 million in 2025, then slipped 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 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 | -43.87 Mn |
| Dec 31, 2024 | -43.87 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 | 194.69 Mn |
| Dec 31, 2023 | 194.69 Mn |