New Fortress Energy Inc. (NFE)

New Fortress Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,260	1,504	2,359	2,391	2,368	1,323
Revenue Growth (YoY)	-41.13%	-36.24%	-1.32%	0.94%	79.03%	192.88%
Fuel and Purchased Power Expense	815.91	918.6	1,065	879.22	1,010	616.01
Operations and Maintenance Expenses	231.89	245.11	204.14	221	169.32	124.99
Gross Profit	212.65	340.33	1,090	1,290	1,189	581.81
Depreciation & Amortization Expenses	191.53	203.51	158.79	161.42	142.64	98.38
Net Gains on Disposal of Operating Assets	670.94	670.94	-80.21	27.98	-	-
Other Operating Expenses	2,019	1,928	322.15	221.29	308.51	244.55
Operating Income	-1,327	-1,120	528.48	935.65	737.38	238.88
Interest Income	-	-	-	9.97	-472.22	14.44
Interest Expense	-751.03	-777.85	-316.34	-284.02	-236.86	-154.32
Other Non-Operating Income (Expense)	107.38	127.66	-386.37	-10.41	33.05	6.18
Total Non-Operating Income (Expense)	-643.65	-650.19	-702.71	-284.46	-676.03	-133.71
Pretax Income	-1,971	-1,771	-174.23	9.97	61.35	105.17
Provision for Income Taxes	64.22	61.35	70.31	102.97	-123.44	12.46
Net Income	-2,045	-1,845	-272.26	547.23	194.48	97.1
Minority Interest in Earnings	-	-	-	-	-	-4.39
Net Income to Common	-2,045	-1,845	-272.26	547.23	194.48	97.1
Net Income Growth	-	-	-	181.38%	100.28%	-
Shares Outstanding (Basic)	281	278	218	206	210	199
Shares Outstanding (Diluted)	281	278	219	206	210	202
Shares Change (YoY)	24.29%	27.38%	5.88%	-1.61%	4.04%	89.36%
EPS (Basic)	-7.30	-6.63	-1.25	2.66	0.93	0.49
EPS (Diluted)	-7.30	-6.63	-1.26	2.65	0.93	0.47
EPS Growth	-	-	-	184.95%	97.87%	-
Shares Outstanding	285.64	284.6	266.5	205	208.77	206.86
Free Cash Flow	-1,024	-1,234	-1,528	-2,101	-818.9	-584.58
Free Cash Flow Per Share	-3.64	-4.43	-6.99	-10.18	-3.90	-2.90
Dividends Per Share	-	-	0.300	3.400	0.400	0.400
Dividend Growth	-	-	-91.18%	750.00%	-	100.00%
Gross Margin	16.87%	22.63%	46.19%	53.98%	50.19%	43.98%
Operating Margin	-105.30%	-74.49%	22.40%	39.14%	31.14%	18.06%
Profit Margin	-161.46%	-121.80%	-10.37%	22.93%	7.80%	7.01%
FCF Margin	-81.28%	-82.06%	-64.79%	-87.89%	-34.58%	-44.19%
EBITDA	-1,097	-878.07	687.78	1,097	880.97	338.42
EBITDA Margin	-87.02%	-58.38%	29.16%	45.89%	37.20%	25.58%
EBIT	-1,327	-1,120	528.48	935.65	737.38	238.88
EBIT Margin	-105.30%	-74.49%	22.40%	39.14%	31.14%	18.06%
Effective Tax Rate	-3.26%	-3.46%	-40.35%	1032.61%	-201.21%	11.85%

Updated May 14, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q