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% sequentially from -$629.7 million in Q4 2025.

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

New Fortress Energy's Operating Income history runs 9 years deep, the most recent figure standing at -$225.4 million for Q1 2026.

  • In Q1 2026, Operating Income fell 1700.26% year-over-year to -$225.4 million; the TTM figure through Mar 2026 stood at -$1.3 billion (down 503.05% YoY), while the FY2025 annual figure was -$1.1 billion, down 312.01% from the prior year.
  • Operating Income came in at -$225.4 million for Q1 2026 at New Fortress Energy, up from -$629.7 million in the prior quarter.
  • Over five years, Operating Income peaked at $327.9 million in Q4 2023 and troughed at -$629.7 million in Q4 2025.
  • The 5-year median for Operating Income is $149.6 million (2023), against an average of $50.3 million.
  • The widest annual swing landed in 2022, when Operating Income surged 1192.19%; it then tumbled 1700.26% in 2026.
  • A 5-year view of Operating Income shows it stood at $250.5 million in 2022, then soared 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 soared 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 2.35 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.44 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.90 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.98 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 846.90 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.21 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 361.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 1.15 Bn
10 New Fortress Energy 102.85 Mn 38.18 Mn 136.95 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