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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and QUALYS, INC. (QLYS). Click either name above to swap in a different company.
New Fortress Energy Inc. is the larger business by last-quarter revenue ($326.2M vs $175.3M, roughly 1.9× QUALYS, INC.). QUALYS, INC. runs the higher net margin — 30.3% vs -259.7%, a 290.0% gap on every dollar of revenue. On growth, QUALYS, INC. posted the faster year-over-year revenue change (10.1% vs -7.0%). QUALYS, INC. produced more free cash flow last quarter ($74.9M vs $-134.8M). Over the past eight quarters, QUALYS, INC.'s revenue compounded faster (9.6% CAGR vs -26.8%).
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.
Qualys, Inc. is an American technology firm based in Foster City, California, specializing in cloud security, compliance and related services.
NFE vs QLYS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $175.3M |
| Net Profit | $-847.1M | $53.1M |
| Gross Margin | 35.5% | 83.4% |
| Operating Margin | -193.0% | 33.6% |
| Net Margin | -259.7% | 30.3% |
| Revenue YoY | -7.0% | 10.1% |
| Net Profit YoY | -277.4% | 20.9% |
| EPS (diluted) | $-3.03 | $1.47 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $326.2M | $175.3M | ||
| Q3 25 | $240.3M | $169.9M | ||
| Q2 25 | $228.1M | $164.1M | ||
| Q1 25 | $384.9M | $159.9M | ||
| Q4 24 | $350.7M | $159.2M | ||
| Q3 24 | $446.0M | $153.9M | ||
| Q2 24 | $291.2M | $148.7M | ||
| Q1 24 | $609.5M | $145.8M |
| Q4 25 | $-847.1M | $53.1M | ||
| Q3 25 | $-263.0M | $50.3M | ||
| Q2 25 | $-546.5M | $47.3M | ||
| Q1 25 | $-175.4M | $47.5M | ||
| Q4 24 | $-224.4M | $44.0M | ||
| Q3 24 | $9.3M | $46.2M | ||
| Q2 24 | $-88.9M | $43.8M | ||
| Q1 24 | $54.1M | $39.7M |
| Q4 25 | 35.5% | 83.4% | ||
| Q3 25 | 18.1% | 83.6% | ||
| Q2 25 | 8.4% | 82.4% | ||
| Q1 25 | 21.4% | 81.9% | ||
| Q4 24 | 17.6% | 81.8% | ||
| Q3 24 | 27.1% | 81.3% | ||
| Q2 24 | 23.8% | 82.2% | ||
| Q1 24 | 62.4% | 81.3% |
| Q4 25 | -193.0% | 33.6% | ||
| Q3 25 | -37.4% | 35.3% | ||
| Q2 25 | -170.3% | 31.3% | ||
| Q1 25 | -3.3% | 32.4% | ||
| Q4 24 | 65.0% | 31.0% | ||
| Q3 24 | 17.8% | 29.2% | ||
| Q2 24 | 12.3% | 32.3% | ||
| Q1 24 | 30.4% | 30.7% |
| Q4 25 | -259.7% | 30.3% | ||
| Q3 25 | -109.4% | 29.6% | ||
| Q2 25 | -239.6% | 28.8% | ||
| Q1 25 | -45.6% | 29.7% | ||
| Q4 24 | -64.0% | 27.6% | ||
| Q3 24 | 2.1% | 30.0% | ||
| Q2 24 | -30.5% | 29.4% | ||
| Q1 24 | 8.9% | 27.2% |
| Q4 25 | $-3.03 | $1.47 | ||
| Q3 25 | $-0.96 | $1.39 | ||
| Q2 25 | $-1.99 | $1.29 | ||
| Q1 25 | $-0.65 | $1.29 | ||
| Q4 24 | $-1.10 | $1.19 | ||
| Q3 24 | $0.03 | $1.24 | ||
| Q2 24 | $-0.42 | $1.17 | ||
| Q1 24 | $0.23 | $1.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $226.5M | $250.3M |
| Total DebtLower is stronger | $8.2B | — |
| Stockholders' EquityBook value | $182.6M | $561.2M |
| Total Assets | $10.6B | $1.1B |
| Debt / EquityLower = less leverage | 44.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | $250.3M | ||
| Q3 25 | $145.2M | $225.3M | ||
| Q2 25 | $551.1M | $194.0M | ||
| Q1 25 | $447.9M | $290.7M | ||
| Q4 24 | $492.9M | $232.2M | ||
| Q3 24 | $90.8M | $235.4M | ||
| Q2 24 | $133.0M | $281.2M | ||
| Q1 24 | $143.5M | $273.8M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | $561.2M | ||
| Q3 25 | $1.1B | $529.4M | ||
| Q2 25 | $1.3B | $508.2M | ||
| Q1 25 | $1.8B | $498.0M | ||
| Q4 24 | $1.9B | $477.1M | ||
| Q3 24 | $1.6B | $449.6M | ||
| Q2 24 | $1.6B | $427.8M | ||
| Q1 24 | $1.7B | $404.2M |
| Q4 25 | $10.6B | $1.1B | ||
| Q3 25 | $12.0B | $1.0B | ||
| Q2 25 | $12.0B | $999.5M | ||
| Q1 25 | $13.1B | $996.5M | ||
| Q4 24 | $12.9B | $973.5M | ||
| Q3 24 | $12.0B | $908.3M | ||
| Q2 24 | $11.4B | $876.6M | ||
| Q1 24 | $10.9B | $861.8M |
| Q4 25 | 44.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.74× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-76.2M | $75.7M |
| Free Cash FlowOCF − Capex | $-134.8M | $74.9M |
| FCF MarginFCF / Revenue | -41.3% | 42.8% |
| Capex IntensityCapex / Revenue | 18.0% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.42× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | $304.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | $75.7M | ||
| Q3 25 | $-171.0M | $90.4M | ||
| Q2 25 | $-329.0M | $33.8M | ||
| Q1 25 | $-7.2M | $109.6M | ||
| Q4 24 | $445.3M | $47.7M | ||
| Q3 24 | $-20.0M | $61.0M | ||
| Q2 24 | $113.9M | $49.8M | ||
| Q1 24 | $63.0M | $85.5M |
| Q4 25 | $-134.8M | $74.9M | ||
| Q3 25 | $-231.6M | $89.5M | ||
| Q2 25 | $-726.7M | $32.4M | ||
| Q1 25 | $-262.3M | $107.5M | ||
| Q4 24 | $-210.3M | $41.9M | ||
| Q3 24 | $-367.0M | $57.6M | ||
| Q2 24 | $-493.2M | $48.8M | ||
| Q1 24 | $-457.9M | $83.5M |
| Q4 25 | -41.3% | 42.8% | ||
| Q3 25 | -96.4% | 52.7% | ||
| Q2 25 | -318.6% | 19.8% | ||
| Q1 25 | -68.2% | 67.3% | ||
| Q4 24 | -60.0% | 26.3% | ||
| Q3 24 | -82.3% | 37.4% | ||
| Q2 24 | -169.3% | 32.8% | ||
| Q1 24 | -75.1% | 57.2% |
| Q4 25 | 18.0% | 0.4% | ||
| Q3 25 | 25.2% | 0.5% | ||
| Q2 25 | 174.4% | 0.8% | ||
| Q1 25 | 66.3% | 1.3% | ||
| Q4 24 | 187.0% | 3.7% | ||
| Q3 24 | 77.8% | 2.2% | ||
| Q2 24 | 208.4% | 0.7% | ||
| Q1 24 | 85.5% | 1.4% |
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 2.31× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | -2.15× | 1.32× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | 1.16× | 2.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFE
Segment breakdown not available.
QLYS
| Sales Channel Through Intermediary | $88.6M | 51% |
| Sales Channel Directly To Consumer | $86.7M | 49% |
