New Fortress Energy (NFE) Tax Provisions (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Tax Provisions of $31.5 million for Q1 2026, up 21.0% year-over-year from $26.1 million in Q1 2025, and up 62.7% quarter-over-quarter from $19.4 million in Q4 2025.
New Fortress Energy (NFE) Tax Provisions (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Tax Provisions for 9 consecutive years, with $31.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 21.0% year-over-year to $31.5 million; the TTM figure through Mar 2026 stood at $66.8 million (down 12.55% YoY), while the FY2025 annual figure was $61.4 million, down 12.74% from the prior year.
- Tax Provisions grew to $31.5 million in Q1 2026 per NFE's latest filing, from $19.4 million in the prior quarter.
- Across five years, Tax Provisions topped out at $39.8 million in Q4 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Tax Provisions slumped 5564.88% — and 2023, when it jumped 1092.03%.
- New Fortress Energy's Tax Provisions stood at $2.8 million in 2022, then surged by 1092.03% to $33.5 million in 2023, then gained by 18.96% to $39.8 million in 2024, then sank by 51.35% to $19.4 million in 2025, then soared by 62.7% to $31.5 million in 2026.
- Business Quant data shows NFE's Tax Provisions at $31.5 million in Q1 2026, $19.4 million in Q4 2025, and $5.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 272.00 Mn |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 319.53 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.00 Mn |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 194.00 Mn |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 61.45 Mn |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 299.00 Mn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 2.00 Mn |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 227.20 Mn |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 366.00 Mn |
| 10 | New Fortress Energy | 87.22 Mn | -412.92 Mn | 102.12 Mn | -7.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -7.96 Mn |
| 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 |