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NFE logoNew Fortress Energy Inc. (NFE) Earnings History

Annual and quarterly earnings data from 2016 to 2025

TTM Net Income
-$1.84B
Net Loss
TTM EPS
$-6.48
Diluted
YoY EPS Growth
-430.4%
Declining
Net Margin
-122.6%
Profitability
Operating Margin-11.3%
Gross Margin9.1%
ROE-159.7%
ROA-15.7%
Highest Annual Net Income$548M (2023)
Highest Quarterly EPS$1.13 (Q1 2022)
Consecutive Profitable Years0 years
Q4 2025
Net Income-$790M
EPS$-2.78
QoQ Growth-163.5%Declining

Loading earnings history...

NFE EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

NFE Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
20259.1%-11.3%-122.6%
202446.7%22.8%-10.5%
202354.0%39.1%22.7%
202248.6%31.1%8.2%
202142.1%18.1%7.3%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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New Fortress Energy Inc. (NFE) Earnings Overview

As of May 8, 2026, New Fortress Energy Inc. (NFE) reported trailing twelve-month net income of -$1.84B, reflecting -430.4% year-over-year growth. The company earned $-6.48 per diluted share over the past four quarters, with a net profit margin of -122.6%.

Looking at the long-term picture, NFE's historical earnings data spans multiple years. The company achieved its highest annual net income of $548M in fiscal 2023.

New Fortress Energy Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including GLNG ($66M net income, 16.7% margin), FLNG ($75M net income, 21.5% margin), CLCO ($59M net income, 30.4% margin), NFE has room to improve margins relative to the peer group. Compare NFE vs GLNG →

NFE Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NFE logoNFECurrent
-$1.8B$-6.48-122.6%-159.7%-430.4%—
GLNG logoGLNG
$66M$0.6516.7%3.0%+35.4%
FLNG logoFLNG
$75M$1.3821.5%9.8%-36.7%
CLCO logoCLCO
$59M-30.4%12.5%-44.0%
LNG logoLNG
$1.5B$7.0127.1%46.1%+69.9%
CQP logoCQP
$2.3B$4.8028.8%--38.8%
Best in group
Lowest in group

NFE Historical Earnings Data (2016–2025)

10 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$1.84B-640.3%-$171M$-6.63-122.6%-11.3%
2024-$249M-145.5%$539M$-1.25-10.5%22.8%
2023$548M+181.7%$943M$2.6522.7%39.1%
2022$194M+100.3%$737M$0.938.2%31.1%
2021$97M+153.3%$239M$0.487.3%18.1%
2020-$182M-438.8%-$155M$-1.71-40.3%-34.4%
2019-$34M+56.7%-$187M$-0.54-17.9%-99.0%
2018-$78M-146.5%-$58M$-1.15-69.5%-52.1%
2017-$32M+3.8%-$25M$-0.47-32.6%-25.7%
2016-$33M--$27M$-0.48-153.9%-126.5%

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Compare NFE vs GEV

Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..

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NFE — Frequently Asked Questions

Quick answers to the most common questions about buying NFE stock.

Is NFE growing earnings?

NFE EPS fell to $-6.48, with earnings declining -430.4%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-1.8B.

What are NFE's profit margins?

New Fortress Energy Inc. net margin is -122.6%, with operating margin at -11.3%. Below-average margins reflect competitive or cost pressures.

How consistent are NFE's earnings?

NFE earnings data spans 2016-2025. The declining earnings trend is -430.4% YoY. Historical data enables comparison across business cycles.

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NFE Earnings Over Time (2016–2025)

Net income and EPS trends