New Fortress Energy Inc.
NFEGP- Exchange
- Nasdaq
- Industry
- Natural Gas Distribution
- SEC CIK
- 0001749723
In the last 90 days, New Fortress Energy Inc. insiders filed 1 open-market purchase and 0 sales; no institution reported holding it in 13F filings for Q2 2026; no superinvestor holds it.
Other share classesNFE
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 2:10 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $1.83B (121.8% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K/A | 10-K | 10-K | 10-K |
| Reported | – | Jan 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Mar 1, 2022 |
| Revenue | $1.50B | $2.36B | $2.41B | $2.37B | $1.32B |
| Cost of revenue | $918.6M | $1.06B | $877.5M | $1.01B | $616.0M |
| Selling, general and administrative | $307.4M | $285.5M | $205.1M | $236.1M | $199.9M |
| Operating income | -$1.12B | $538.6M | $942.7M | $737.4M | $238.9M |
| Interest expense | – | – | $277.8M | $236.9M | $154.3M |
| Income tax | $61.4M | $69.5M | $115.5M | -$123.4M | $12.5M |
| Net income | -$1.83B | -$242.4M | $547.9M | $194.5M | $97.1M |
| EPS, basic | $-6.63 | $-1.24 | $2.66 | $0.93 | $0.49 |
| EPS, diluted | $-6.63 | $-1.25 | $2.65 | $0.93 | $0.47 |
| Weighted shares, basic | 278.5M | 217.6M | 205.9M | 209.5M | 198.6M |
| Weighted shares, diluted | 278.5M | 218.6M | 206.5M | 209.9M | 201.7M |
| Margins and growth | |||||
| Operating margin | -74.5% | 22.8% | 39.1% | 31.1% | 18.1% |
| Net margin | -121.8% | -10.2% | 22.7% | 8.2% | 7.3% |
| Revenue growth, year over year | −36.4% | −2.0% | +1.9% | +79.0% | +192.9% |
| Net income growth, year over year | – | −144.2% | +181.7% | +100.3% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K/A | 10-K | 10-K | 10-K |
| Reported | – | Jan 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Mar 1, 2022 |
| Cash and equivalents | $226.5M | $492.9M | $155.4M | $675.5M | $187.5M |
| Accounts receivable | $452.0M | $335.8M | $342.4M | $280.3M | $208.5M |
| Inventory | $119.4M | $103.2M | $113.7M | $39.1M | $37.2M |
| Total current assets | $1.33B | $1.61B | $980.0M | $1.39B | $584.9M |
| Goodwill | $0 | $766.4M | $776.8M | $776.8M | $760.1M |
| Intangible assets | $187.6M | $179.5M | $51.8M | $85.9M | $142.9M |
| Total assets | $10.6B | $12.9B | $10.5B | $7.71B | $6.88B |
| Accounts payable | $731.6M | $473.7M | $549.5M | $80.4M | $68.1M |
| Short-term debt | $73.2M | $179.9M | $182.3M | $64.8M | $97.3M |
| Total current liabilities | $8.65B | $1.71B | $1.71B | $1.41B | $562.5M |
| Long-term debt | $1.11B | $8.36B | $6.51B | $4.48B | $3.76B |
| Total liabilities | $10.2B | $10.8B | $8.72B | $6.26B | $4.88B |
| Shareholders' equity | $309.6M | $2.00B | $1.78B | $1.44B | $1.99B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K/A | 10-K | 10-K | 10-K |
| Reported | – | Jan 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Mar 1, 2022 |
| Operating cash flow | -$583.4M | $586.7M | $824.8M | $355.1M | $84.8M |
| Capital expenditures | $650.8M | $2.62B | $3.03B | $1.17B | $669.3M |
| Free cash flow | -$1.23B | -$2.03B | -$2.21B | -$818.9M | -$584.6M |
| Depreciation and amortization | $242.3M | $162.5M | $187.3M | $143.6M | $99.5M |
| Stock-based compensation | $14.5M | $50.6M | $1.57M | $30.4M | $37.0M |
| Dividends paid | $3.47M | $65.3M | $724.0M | $99.0M | $88.8M |
| Investing cash flow | $465.8M | -$2.07B | -$2.90B | -$82.7M | -$2.27B |
| Financing cash flow | -$543.6M | $2.22B | $1.53B | $322.0M | $1.82B |
| Net change in cash | -$608.6M | $654.8M | -$544.3M | $591.1M | -$365.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.0% | 2.1% | 0.1% | 1.3% | 2.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Jul 31, 2026 | 285.6M | +0.4% | SEC |
| May 11, 2026 | 285.6M | +4.2% | SEC |
| Apr 30, 2026 | 285.6M | +4.2% | SEC |
| Mar 31, 2026 | 285.6M | +4.3% | SEC |
| Nov 14, 2025 | 284.6M | +13.2% | SEC |
| Sep 1, 2025 | 284.6M | +38.8% | SEC |
| Jun 25, 2025 | 274.2M | +33.7% | SEC |
| Feb 28, 2025 | 273.8M | +33.5% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits. Stock splits since Dec 31, 2020, from 13F share counts: 1-for-50 in Q3 2026.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.