New Fortress Energy (NFE) Net Income (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Net Income of -$400.6 million for Q1 2026, down 128.36% year-over-year from $1.4 billion in Q1 2025, and up 52.71% quarter-over-quarter from -$847.1 million in Q4 2025.
New Fortress Energy (NFE) Net Income (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Net Income for 9 consecutive years, with -$400.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 128.36% year-over-year to -$400.6 million; the TTM figure through Mar 2026 stood at -$2.1 billion (down 336.25% YoY), while the FY2025 annual figure was -$1.8 billion, down 649.15% from the prior year.
- Net Income advanced to -$400.6 million in Q1 2026 per NFE's latest filing, from -$847.1 million in the prior quarter.
- Across five years, Net Income topped out at $217.0 million in Q4 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Net Income jumped 5025.25% — and 2025, when it tumbled 2677.18%.
- New Fortress Energy's Net Income stood at $183.6 million in 2022, then rose 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 soared by 52.71% to -$400.6 million in 2026.
- Business Quant data shows NFE's Net Income at -$400.6 million in Q1 2026, -$847.1 million in Q4 2025, and -$263.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 832.09 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.09 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 967.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 777.70 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 3.64 Bn |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 Mn | -372.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -372.96 Mn |
| 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 |