New Fortress Energy Inc. (NFE) — Financial statements
Income statement, balance sheet, and cash flow for New Fortress Energy Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,504↓36.4% | 2,365↓2.0% | 2,413↑1.9% | 2,368↑79.0% | 1,323 | |
| Cost of Revenue | 1,367↑8.5% | 1,260↑13.5% | 1,110↓8.7% | 1,217↑58.8% | 766 | |
| Gross Profit | 137↓87.6% | 1,105↓15.2% | 1,303↑13.1% | 1,152↑106.9% | 557 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 307↑7.7% | 286↑39.2% | 205↓13.1% | 236↑18.1% | 200 | |
| Other Expenses | 0.00↓100.0% | 281↑80.7% | 155↓12.9% | 178↑51.1% | 118 | |
| Operating Expenses | 307↓45.7% | 566↑57.1% | 360↓13.0% | 414↑30.3% | 318 | |
| Total Costs & Expenses | 1,675↓8.3% | 1,826↑24.2% | 1,471↓9.8% | 1,631↑50.5% | 1,084 | |
| Operating Results | ||||||
| Operating Income | -171↓131.7% | 539↓42.9% | 943↑27.8% | 737↑208.7% | 239 | |
| Depreciation & Amortization | 242↑49.1% | 163↓13.2% | 187↑30.5% | 144↑44.2% | 100 | |
| EBITDA | 72↓72.2% | 258↓76.8% | 1,111↑157.9% | 431↑22.9% | 350 | |
| EBIT | -171↓279.1% | 95↓89.7% | 924↑221.7% | 287↑14.4% | 251 | |
| Interest & Other Income | ||||||
| Net Interest Income | -778↓136.9% | -328↓18.2% | -278↓17.3% | -237↓53.5% | -154 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 778↑136.9% | 328↑18.2% | 278↑17.3% | 237↑53.5% | 154 | |
| Non-Operating Income | 0.00↓100.0% | 443↑2232.8% | 19↓95.8% | 450↑3842.9% | -12 | |
| Other Income / Expenses | -1,600↓124.9% | -712↓155.7% | -278↑58.8% | -676↓405.6% | -134 | |
| Income Before Tax | -1,771↓924.2% | -173↓126.0% | 664↑983.0% | 61↓41.7% | 105 | |
| Income Tax Expense | 61↓11.7% | 70↓39.8% | 116↑193.6% | -123↓1090.6% | 12 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,832↓655.8% | -242↓144.2% | 549↑197.0% | 185↑99.3% | 93 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -1,844↓640.3% | -249↓145.5% | 548↑181.7% | 194↑100.3% | 97 | |
| Bottom-Line Net Income | -1,845↓577.0% | -273↓149.8% | 547↑181.3% | 194↑106.4% | 94 | |
| EPS (Basic) | -6.63↓434.7% | -1.24↓146.6% | 2.66↑186.0% | 0.93↑89.8% | 0.49 | |
| EPS (Diluted) | -6.63↓430.4% | -1.25↓147.2% | 2.65↑184.9% | 0.93↑93.8% | 0.48 | |
| Weighted Average Shares | 278↑28.0% | 218↑5.6% | 206↓1.7% | 210↑5.5% | 199 | |
| Weighted Average Diluted Shares | 278↑27.4% | 219↑5.9% | 206↓1.6% | 210↑4.0% | 202 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.