New Fortress Energy NFE
NASDAQ NFE
$0.27 -0.01 (-3.57%)
At close: Sep 4, 2026 · 4:00 PM EDT

New Fortress Energy (NFE) Operating Expenses (2018 - 2026)

New Fortress Energy's (NFE) quarterly Operating Expenses came in at $461.2 million in Q2 2026, down 33.4% year-over-year from $692.5 million in Q2 2025, and up 1.97% quarter-over-quarter from $452.3 million in Q1 2026.

Analysis

New Fortress Energy (NFE) Operating Expenses (2018 - 2026) Analysis & Trends

New Fortress Energy (NFE) has reported Operating Expenses for 9 consecutive years, with $461.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 33.4% year-over-year to $461.2 million in Q2 2026; TTM through Jun 2026 was $2.4 billion, a 11.59% increase from a year earlier, with the FY2025 full-year figure at $2.6 billion, up 43.38% from the prior year.
  • Operating Expenses was $461.2 million for Q2 2026 at New Fortress Energy, up from $452.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.0 billion in Q4 2025 and troughed at $295.9 million in Q4 2022.
  • A 5-year average of $469.7 million and a median of $450.2 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 128.23% in 2025 and tumbled 33.4% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $295.9 million in 2022, then jumped by 37.83% to $407.8 million in 2023, then gained by 10.17% to $449.3 million in 2024, then soared by 128.23% to $1.0 billion in 2025, then plunged by 55.02% to $461.2 million in 2026.
  • The last three Operating Expenses figures came in at $461.2 million (Q2 2026), $452.3 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cheniere Energy 60.31 Bn 64.35 Bn 5.29 Bn 1.44 Bn
2 Venture Global 35.87 Bn 36.16 Bn 2.92 Bn 2.39 Bn
3 Cheniere Energy Partners 33.13 Bn 32.69 Bn 1.82 Bn 1.24 Bn
4 Golar Lng 5.28 Bn 2.58 Bn 88.31 Mn -67.54 Mn
5 Excelerate Energy 4.69 Bn 5.90 Bn 273.19 Mn 248.37 Mn
6 NextDecade 1.95 Bn 4.32 Bn - 54.57 Mn
7 Stabilis Solutions 111.39 Mn 97.07 Mn 2.35 Mn 16.70 Mn
8 New Fortress Energy 77.11 Mn -301.82 Mn 102.12 Mn 461.22 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 461.22 Mn
Mar 31, 2026 452.33 Mn
Dec 31, 2025 1.03 Bn
Sep 30, 2025 421.76 Mn
Jun 30, 2025 692.48 Mn
Mar 31, 2025 484.80 Mn
Dec 31, 2024 449.29 Mn
Sep 30, 2024 489.01 Mn
Jun 30, 2024 391.35 Mn
Mar 31, 2024 500.82 Mn
Dec 31, 2023 407.80 Mn
Sep 30, 2023 364.87 Mn
Jun 30, 2023 370.38 Mn
Mar 31, 2023 311.91 Mn
Dec 31, 2022 295.88 Mn
Sep 30, 2022 545.20 Mn
Jun 30, 2022 451.16 Mn
Mar 31, 2022 338.66 Mn
Dec 31, 2021 429.14 Mn
Sep 30, 2021 250.72 Mn