New Fortress Energy (NFE) Net Income (2018 - 2026)
New Fortress Energy's (NFE) quarterly Net Income came in at -$400.6 million in Q1 2026, down 128.36% year-on-year from $1.4 billion in Q1 2025, and up 52.71% on a QoQ basis from -$847.1 million in Q4 2025.
New Fortress Energy (NFE) Net Income (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Net Income data on file, last reported at -$400.6 million in Q1 2026.
- On a quarterly basis, Net Income fell 128.36% year-over-year to -$400.6 million in Q1 2026; TTM through Mar 2026 was -$2.1 billion, a 336.25% decrease from a year earlier, with the FY2025 full-year figure at -$1.8 billion, down 649.15% from the prior year.
- Net Income for Q1 2026 stood at -$400.6 million, up from -$847.1 million in the prior quarter.
- Over the last five years, Net Income for NFE reached as high as $217.0 million in Q4 2023 and fell as low as -$847.1 million in Q4 2025.
- Historically, Net Income has averaged -$75.4 million across 5 years, with a median of $51.6 million in 2024.
- Across the five-year window, Net Income surged 5025.25% in 2022 and sank 2677.18% in 2025, its largest moves.
- Year by year, Net Income stood at $183.6 million in 2022, then advanced by 18.19% to $217.0 million in 2023, then slumped by 203.44% to -$224.4 million in 2024, then tumbled by 277.41% to -$847.1 million in 2025, then surged by 52.71% to -$400.6 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$400.6 million in Q1 2026, -$847.1 million in Q4 2025, and -$263.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.78 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | -400.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -400.60 Mn |
| Dec 31, 2025 | -847.06 Mn |
| Sep 30, 2025 | -263.00 Mn |
| Jun 30, 2025 | -546.46 Mn |
| Mar 31, 2025 | -175.43 Mn |
| Dec 31, 2024 | -224.44 Mn |
| Sep 30, 2024 | 10.21 Mn |
| Jun 30, 2024 | -81.89 Mn |
| Mar 31, 2024 | 51.59 Mn |
| Dec 31, 2023 | 216.99 Mn |
| Sep 30, 2023 | 61.85 Mn |
| Jun 30, 2023 | 117.83 Mn |
| Mar 31, 2023 | 141.59 Mn |
| Dec 31, 2022 | 183.60 Mn |
| Sep 30, 2022 | 87.97 Mn |
| Jun 30, 2022 | 194.50 Mn |
| Mar 31, 2022 | 190.95 Mn |
| Dec 31, 2021 | 160.24 Mn |
| Sep 30, 2021 | -1.79 Mn |
| Jun 30, 2021 | -40.68 Mn |