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
DateValue
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