New Fortress Energy (NFE) Tax Provisions (2018 - 2026)
New Fortress Energy's (NFE) quarterly Tax Provisions came in at $31.5 million in Q1 2026, up 21.0% year-on-year from $26.1 million in Q1 2025, and up 62.7% on a QoQ basis from $19.4 million in Q4 2025.
New Fortress Energy (NFE) Tax Provisions (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Tax Provisions data on file, last reported at $31.5 million in Q1 2026.
- On a quarterly basis, Tax Provisions rose 21.0% year-over-year to $31.5 million in Q1 2026; TTM through Mar 2026 was $66.8 million, a 12.55% decrease from a year earlier, with the FY2025 full-year figure at $61.4 million, down 12.74% from the prior year.
- Tax Provisions for Q1 2026 stood at $31.5 million, up from $19.4 million in the prior quarter.
- Over the last five years, Tax Provisions for NFE reached as high as $39.8 million in Q4 2024 and fell as low as -$86.5 million in Q2 2022.
- Historically, Tax Provisions has averaged $8.4 million across 5 years, with a median of $15.3 million in 2023.
- Across the five-year window, Tax Provisions plunged 5564.88% in 2022 and surged 1092.03% in 2023, its largest moves.
- Year by year, Tax Provisions stood at $2.8 million in 2022, then jumped by 1092.03% to $33.5 million in 2023, then climbed by 18.96% to $39.8 million in 2024, then sank by 51.35% to $19.4 million in 2025, then surged by 62.7% to $31.5 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $31.5 million in Q1 2026, $19.4 million in Q4 2025, and $5.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -126,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -23,000.00 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 272.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 428.04 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 22.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 102.54 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 135.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 123.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 245.00 Mn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | 31.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.54 Mn |
| Dec 31, 2025 | 19.39 Mn |
| Sep 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 10.40 Mn |
| Mar 31, 2025 | 26.07 Mn |
| Dec 31, 2024 | 39.85 Mn |
| Sep 30, 2024 | 3.23 Mn |
| Jun 30, 2024 | 7.27 Mn |
| Mar 31, 2024 | 19.96 Mn |
| Dec 31, 2023 | 33.50 Mn |
| Sep 30, 2023 | 25.19 Mn |
| Jun 30, 2023 | 15.32 Mn |
| Mar 31, 2023 | 28.96 Mn |
| Dec 31, 2022 | 2.81 Mn |
| Sep 30, 2022 | 9.97 Mn |
| Jun 30, 2022 | -86.54 Mn |
| Mar 31, 2022 | -49.68 Mn |
| Dec 31, 2021 | 5.40 Mn |
| Sep 30, 2021 | 3.53 Mn |
| Jun 30, 2021 | 4.41 Mn |