New Fortress Energy Inc.NFEEarnings & Financial Report
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
Revenue
$350.7M
Gross Profit
$61.8M
Operating Profit
$228.0M
Net Profit
$-224.4M
Gross Margin
17.6%
Operating Margin
65.0%
Net Margin
-64.0%
YoY Growth
-45.5%
EPS
$-1.10
New Fortress Energy Inc. Q4 FY2024 Financial Summary
New Fortress Energy Inc. reported revenue of $350.7M (down 45.5% YoY) for Q4 FY2024, with a net profit of $-224.4M (down 203.3% YoY) (-64.0% margin). Cost of goods sold was $288.9M.
Key Financial Metrics
| Total Revenue | $350.7M |
|---|---|
| Net Profit | $-224.4M |
| Gross Margin | 17.6% |
| Operating Margin | 65.0% |
| Report Period | Q4 FY2024 |
New Fortress Energy Inc. Annual Revenue by Year
New Fortress Energy Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.2B |
| 2024 | $1.7B |
| 2023 | $2.1B |
| 2022 | $2.0B |
New Fortress Energy Inc. Quarterly Revenue & Net Profit History
New Fortress Energy Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $326.2M | -7.0% | $-847.1M | -259.7% |
| Q3 FY2025 | $240.3M | -46.1% | $-263.0M | -109.4% |
| Q2 FY2025 | $228.1M | -21.7% | $-546.5M | -239.6% |
| Q1 FY2025 | $384.9M | -36.9% | $-175.4M | -45.6% |
| Q4 FY2024 | $350.7M | -45.5% | $-224.4M | -64.0% |
| Q3 FY2024 | $446.0M | +6.0% | $9.3M | 2.1% |
| Q2 FY2024 | $291.2M | -41.1% | $-88.9M | -30.5% |
| Q1 FY2024 | $609.5M | +21.5% | $54.1M | 8.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $609.5M | $291.2M | $446.0M | $350.7M | $384.9M | $228.1M | $240.3M | $326.2M |
| YoY Growth | 21.5% | -41.1% | 6.0% | -45.5% | -36.9% | -21.7% | -46.1% | -7.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $10.88B | $11.40B | $11.98B | $12.92B | $13.08B | $12.02B | $11.99B | $10.56B |
| Liabilities | $8.99B | $9.62B | $10.19B | $10.83B | $11.15B | $10.60B | $10.81B | $10.25B |
| Equity | $1.67B | $1.56B | $1.56B | $1.88B | $1.77B | $1.26B | $1.06B | $182.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $63.0M | $113.9M | $-20.0M | $445.3M | $-7.2M | $-329.0M | $-171.0M | $-76.2M |