New Fortress Energy (NFE) Profit After Tax (2018 - 2026)
New Fortress Energy's (NFE) quarterly Profit After Tax came in at -$366.3 million in Q1 2026, down 108.79% year-on-year from $4.2 billion in Q1 2025, and up 58.2% on a QoQ basis from -$876.3 million in Q4 2025.
New Fortress Energy (NFE) Profit After Tax (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Profit After Tax data on file, last reported at -$366.3 million in Q1 2026.
- On a quarterly basis, Profit After Tax fell 108.79% year-over-year to -$366.3 million in Q1 2026; TTM through Mar 2026 was -$2.0 billion, a 251.45% decrease from a year earlier, with the FY2025 full-year figure at -$1.8 billion, down 469.09% from the prior year.
- Profit After Tax for Q1 2026 stood at -$366.3 million, up from -$876.3 million in the prior quarter.
- Over the last five years, Profit After Tax for NFE reached as high as $241.2 million in Q1 2022 and fell as low as -$876.3 million in Q4 2025.
- Historically, Profit After Tax has averaged -$100.6 million across 5 years, with a median of $1.7 million in 2024.
- Across the five-year window, Profit After Tax surged 710.45% in 2022 and slumped 15031.86% in 2025, its largest moves.
- Year by year, Profit After Tax stood at $145.0 million in 2022, then surged by 50.03% to $217.5 million in 2023, then slumped by 235.91% to -$295.7 million in 2024, then tumbled by 196.39% to -$876.3 million in 2025, then jumped by 58.2% to -$366.3 million in 2026.
- Per Business Quant data, the three most recent Profit After Tax figures were -$366.3 million in Q1 2026, -$876.3 million in Q4 2025, and -$250.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.53 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.25 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | -366.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -366.27 Mn |
| Dec 31, 2025 | -876.34 Mn |
| Sep 30, 2025 | -250.71 Mn |
| Jun 30, 2025 | -516.54 Mn |
| Mar 31, 2025 | -175.43 Mn |
| Dec 31, 2024 | -295.68 Mn |
| Sep 30, 2024 | 1.68 Mn |
| Jun 30, 2024 | -102.45 Mn |
| Mar 31, 2024 | 51.59 Mn |
| Dec 31, 2023 | 217.55 Mn |
| Sep 30, 2023 | 61.22 Mn |
| Jun 30, 2023 | 120.10 Mn |
| Mar 31, 2023 | 151.57 Mn |
| Dec 31, 2022 | 145.00 Mn |
| Sep 30, 2022 | 61.85 Mn |
| Jun 30, 2022 | -178.43 Mn |
| Mar 31, 2022 | 241.18 Mn |
| Dec 31, 2021 | 128.03 Mn |
| Sep 30, 2021 | 55.74 Mn |
| Jun 30, 2021 | -1.73 Mn |