New Fortress Energy (NFE) Operating Income (2018 - 2026)
New Fortress Energy (NFE) reported Operating Income of -$225.4 million for Q1 2026, down 1700.26% year-over-year from $14.1 million in Q1 2025, and up 64.21% quarter-over-quarter 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.
- Operating Income for Q1 2026 came in at -$225.4 million, down 1700.26% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.3 billion (down 503.05% YoY), and the FY2025 annual result was -$1.1 billion, down 312.01% from the prior year.
- Operating Income improved to -$225.4 million in Q1 2026 per NFE's latest filing, 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.
- A 5-year average of $50.3 million and a median of $149.6 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2026: Operating Income jumped 1192.19% in 2022, then slumped 1700.26% in 2026.
- A 5-year view of Operating Income shows it stood at $250.5 million in 2022, then surged by 30.89% to $327.9 million in 2023, then slumped by 30.46% to $228.0 million in 2024, then sank by 376.17% to -$629.7 million in 2025, then surged by 64.21% to -$225.4 million in 2026.
- Business Quant data shows NFE's Operating Income at -$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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.90 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 219.52 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 846.90 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.03 Bn |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 Mn | 136.95 Mn | -225.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |