NFE
New Fortress Energy LLC
NASDAQ: NFE · ENERGY · OIL & GAS MIDSTREAM
$0.69
-0.01% today
Updated 2026-04-30
Market cap
$184.75M
P/E ratio
—
P/S ratio
0.12x
EPS (TTM)
$-6.63
Dividend yield
—
52W range
$1 – $7
Volume
13.5M
New Fortress Energy LLC (NFE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.39M | $97.26M | $112.30M | $189.13M | $451.65M | $1.32B | $2.37B | $2.41B | $2.36B | $1.50B |
| Revenue growth (YoY) | — | +354.6% | +15.5% | +68.4% | +138.8% | +192.9% | +79.0% | +1.9% | -2.0% | -36.4% |
| Cost of revenue | $27.95M | $86.15M | $105.33M | $210.26M | $326.35M | $766.06M | $1.22B | $1.11B | $1.26B | $1.37B |
| Gross profit | $-6.56M | $11.11M | $6.97M | $-21.13M | $125.30M | $556.75M | $1.15B | $1.30B | $1.10B | $136.82M |
| Gross margin | -30.6% | 11.4% | 6.2% | -11.2% | 27.7% | 42.1% | 48.6% | 54.0% | 46.7% | 9.1% |
| R&D | — | — | — | — | — | — | — | — | — | — |
| SG&A | $18.16M | $33.34M | $62.14M | $152.92M | $124.17M | $199.88M | $236.05M | $227.15M | $285.52M | $307.44M |
| Operating income | $-27.06M | $-24.99M | $-58.49M | $-187.28M | $-155.36M | $238.88M | $737.38M | $942.67M | $538.64M | $-170.62M |
| Operating margin | -126.5% | -25.7% | -52.1% | -99.0% | -34.4% | 18.1% | 31.1% | 39.1% | 22.8% | -11.3% |
| EBITDA | $-25.79M | $-22.17M | $-66.86M | $-188.13M | $-175.59M | $350.45M | $430.70M | $1.11B | $257.82M | $71.72M |
| EBITDA margin | -120.6% | -22.8% | -59.5% | -99.5% | -38.9% | 26.5% | 18.2% | 46.0% | 10.9% | 4.8% |
| EBIT | $-28.18M | $-25.39M | $-70.89M | $-196.77M | $-208.90M | $250.91M | $287.11M | $923.66M | $95.29M | $-170.62M |
| Interest expense | $5.11M | $6.46M | $11.25M | $19.41M | $65.72M | $154.32M | $236.86M | $277.84M | $328.38M | $777.85M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-32.93M | $-31.67M | $-78.08M | $-33.81M | $-182.15M | $97.10M | $194.48M | $547.88M | $-249.04M | $-1.84B |
| Net income growth (YoY) | — | +3.8% | -146.5% | +56.7% | -438.8% | +153.3% | +100.3% | +181.7% | -145.5% | -640.3% |
| Profit margin | -153.9% | -32.6% | -69.5% | -17.9% | -40.3% | 7.3% | 8.2% | 22.7% | -10.5% | -122.6% |