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

New Fortress Energy's (NFE) quarterly Operating Income came in at -$225.4 million in Q1 2026, down 1700.26% year-on-year from $14.1 million in Q1 2025, and up 64.21% on a QoQ basis from -$629.7 million in Q4 2025.

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

New Fortress Energy (NFE) has 9 years of Operating Income data on file, last reported at -$225.4 million in Q1 2026.

  • On a quarterly basis, Operating Income fell 1700.26% year-over-year to -$225.4 million in Q1 2026; TTM through Mar 2026 was -$1.3 billion, a 503.05% decrease from a year earlier, with the FY2025 full-year figure at -$1.1 billion, down 312.01% from the prior year.
  • Operating Income for Q1 2026 stood at -$225.4 million, up from -$629.7 million in the prior quarter.
  • Over the last five years, Operating Income for NFE reached as high as $327.9 million in Q4 2023 and fell as low as -$629.7 million in Q4 2025.
  • Historically, Operating Income has averaged $50.3 million across 5 years, with a median of $149.6 million in 2023.
  • Across the five-year window, Operating Income surged 1192.19% in 2022 and plunged 1700.26% in 2026, its largest moves.
  • Year by year, Operating Income stood at $250.5 million in 2022, then surged by 30.89% to $327.9 million in 2023, then tumbled by 30.46% to $228.0 million in 2024, then slumped by 376.17% to -$629.7 million in 2025, then surged by 64.21% to -$225.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were -$225.4 million in Q1 2026, -$629.7 million in Q4 2025, and -$89.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 167.66 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 83.60 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.35 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.35 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.90 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 441.01 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 2.98 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 846.90 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 1.43 Bn
10 New Fortress Energy 97.14 Mn 32.46 Mn -14.47 Mn -225.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -225.38 Mn
Dec 31, 2025 -629.67 Mn
Sep 30, 2025 -89.85 Mn
Jun 30, 2025 -388.38 Mn
Mar 31, 2025 -12.52 Mn
Dec 31, 2024 228.00 Mn
Sep 30, 2024 79.50 Mn
Jun 30, 2024 35.82 Mn
Mar 31, 2024 185.16 Mn
Dec 31, 2023 327.87 Mn
Sep 30, 2023 149.59 Mn
Jun 30, 2023 190.97 Mn
Mar 31, 2023 267.22 Mn
Dec 31, 2022 250.49 Mn
Sep 30, 2022 186.74 Mn
Jun 30, 2022 133.70 Mn
Mar 31, 2022 166.46 Mn
Dec 31, 2021 219.49 Mn
Sep 30, 2021 53.94 Mn
Jun 30, 2021 -12.24 Mn