Growth Metrics

New Fortress Energy (NFE) Operating Expenses (2018 - 2025)

New Fortress Energy's Operating Expenses history spans 8 years, with the latest figure at $2.6 billion for Q4 2025.

  • Quarterly results put Operating Expenses at $2.6 billion for Q4 2025, up 479.12% from a year ago — trailing twelve months through Dec 2025 was $4.2 billion (up 339.8% YoY), and the annual figure for FY2025 was $2.6 billion, up 43.38%.
  • Operating Expenses for Q4 2025 was $2.6 billion at New Fortress Energy, up from $421.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.6 billion in Q4 2025 to a low of $8.4 million in Q1 2024.
  • The 5-year median for Operating Expenses is $311.9 million (2023), against an average of $440.1 million.
  • The sharpest move saw Operating Expenses plummeted 99.42% in 2023, then surged 8043.91% in 2025.
  • Year by year, Operating Expenses stood at $429.1 million in 2021, then skyrocketed by 265.61% to $1.6 billion in 2022, then plummeted by 99.42% to $9.1 million in 2023, then skyrocketed by 4841.54% to $449.3 million in 2024, then soared by 479.12% to $2.6 billion in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $2.6 billion, $421.8 million, and $692.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.