New Fortress Energy (NFE) Tax Provisions (2018 - 2026)
New Fortress Energy (NFE) reported Tax Provisions of -$7.96 million for Q2 2026, compared with $10.4 million a year earlier.
New Fortress Energy (NFE) Tax Provisions (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, New Fortress Energy's Tax Provisions came in at $48.46 million, down 39.1% year-over-year; for FY2025, it was $61.35 million, down 12.7% from FY2024.
- Tax Provisions has a five-year compound annual growth rate of 66.3% (FY2020 to FY2025).
- By year, Tax Provisions came in at $70.31 million in FY2024 (-31.7%), $102.97 million in FY2023, -$123.44 million in FY2022 and $12.46 million in FY2021 (+158.7%).
- The Q2 2026 figure ranks as the lowest quarterly Tax Provisions since Q2 2022.
- Year over year, Tax Provisions gained in five of the last seven quarters, with growth averaging 6.5%.
- The high point for year-over-year Tax Provisions in five years was Q3 2022 (growth of 182.8%); the low point was Q3 2024 (a decline of 87.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $31.54 million (Q1 2026), $19.39 million (Q4 2025) and $5.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.74 Bn | 97.29 Bn | 4.84 Bn | 319.53 Mn |
| 2 | Williams Companies | 89.06 Bn | 87.78 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.03 Bn | 76.42 Bn | - | 12.00 Mn |
| 4 | Kinder Morgan | 72.30 Bn | 72.01 Bn | 3.07 Bn | 272.00 Mn |
| 5 | Energy Transfer | 70.29 Bn | 63.47 Bn | 7.40 Bn | 194.00 Mn |
| 6 | Tc Energy | 62.46 Bn | 58.51 Bn | 2.81 Bn | 160.49 Mn |
| 7 | Targa Resources | 61.45 Bn | 60.93 Bn | 2.14 Bn | 227.20 Mn |
| 8 | Cheniere Energy | 58.10 Bn | 52.93 Bn | 5.29 Bn | 366.00 Mn |
| 9 | Mplx | 57.17 Bn | 50.74 Bn | 2.91 Bn | 2.00 Mn |
| 10 | New Fortress Energy | 24.51 Mn | -600.76 Mn | 102.12 Mn | -7.96 Mn |
Historic 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 |
New Fortress Energy Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=NFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "NFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();