Company research
New Fortress Energy Inc.
CIK 1749723Updated Sep 27, 2026
Name history
New Fortress Energy LLC · through Aug 4, 2020NFE Financial Holdings LLC · through Nov 7, 2018
NFE price & chart
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Recent filings
Show 5 more recent filings
CERT filing
8-A12B filing
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Material Modification to Rights of Security Holders · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other Events
Items 1.01, 1.02, 2.01, 2.03, 3.02, 3.03, 5.02, 5.03, 8.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 13,082,391,000Source | 12,867,496,000Source | 10,501,245,000Source | 7,705,082,000Source |
| GoodwillUSD | 608,664,000Source | 766,350,000Source | 776,760,000Source | 776,760,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 188,118,000Source | 179,510,000Source | 51,815,000Source | 85,897,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 447,862,000Source | 492,881,000Source | 155,414,000Source | 675,492,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 271,937,000Source | 335,813,000Source | 342,371,000Source | 280,313,000Source |
| Inventory, NetUSD | 66,695,000Source | 103,224,000Source | 113,684,000Source | 39,070,000Source |
| Assets, CurrentUSD | 1,475,283,000Source | 1,610,110,000Source | 979,973,000Source | 1,387,154,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 204,699,000Source | 205,496,000Source | 213,104,000Source | 226,883,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | 599,937,000Source | 538,055,000Source | 355,883,000Source |
| Other Assets, NoncurrentUSD | 217,634,000Source | 272,899,000Source | 126,903,000Source | 137,078,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 11,146,597,000Source | 10,777,838,000Source | 8,723,376,000Source | 6,263,223,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,738,000Source | 2,664,000Source | 2,050,000Source | 2,088,000Source |
| Additional Paid in CapitalUSD | 1,722,829,000Source | 1,674,312,000Source | 1,038,530,000Source | 1,170,254,000Source |
| Retained Earnings (Accumulated Deficit)USD | 15,379,000Source | 196,363,000Source | 527,986,000Source | 62,080,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 31,086,000Source | 3,089,000Source | 71,528,000Source | 55,398,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,772,032,000Source | 1,876,428,000Source | 1,640,094,000Source | 1,289,820,000Source |
| Liabilities and EquityUSD | 13,082,391,000Source | 12,867,496,000Source | 10,501,245,000Source | 7,705,082,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,491,941,000Source | 1,707,418,000Source | 1,706,288,000Source | 1,409,238,000Source |
| Operating Lease, Liability, CurrentUSD | — | 124,391,000Source | 135,867,000Source | 44,371,000Source |
| Accounts Payable, CurrentUSD | 657,780,000Source | 473,736,000Source | 549,489,000Source | 80,387,000Source |
| Operating Lease, Liability, NoncurrentUSD | — | 471,961,000Source | 390,519,000Source | 290,899,000Source |
| Deferred Income Tax Liabilities, NetUSD | 53,151,000Source | 73,198,000Source | 44,444,000Source | 25,989,000Source |
| Other Liabilities, NoncurrentUSD | 174,059,000Source | 166,358,000Source | 55,627,000Source | 49,010,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 123,054,000Source | 122,660,000Source | 137,775,000Source | 152,039,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 287,956,000Source | 391,359,000Source | 471,675,000Source | 1,162,412,000Source |
| Deferred Tax Liabilities, NetUSD | — | 70,500,000Source | 34,537,000Source | 17,915,000Source |
| Dividends Payable, CurrentUSD | — | — | 0Source | 626,310,000Source |
| Long-term Debt, Current MaturitiesUSD | — | 539,132,000Source | 292,625,000Source | 64,820,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 8,936,998,000Source | 8,355,703,000Source | 6,510,523,000Source | 4,476,865,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,831,953,000Source | -242,387,000Source | 548,876,000Source | 184,786,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 242,346,000Source | 162,525,000Source | 187,324,000Source | 143,589,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 14,546,000Source | 50,625,000Source | 1,573,000Source | 30,382,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 38,360,000Source | 2,751,000Source | 39,790,000Source | 7,933,000Source |
| Deferred Income Tax Expense (Benefit)USD | 25,847,000Source | 5,466,000Source | 14,938,000Source | -279,536,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -583,382,000Source | 586,742,000Source | 824,756,000Source | 355,111,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 465,763,000Source | -2,074,647,000Source | -2,904,143,000Source | -82,726,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -4,709,000Source | -22,887,000Source | -9,227,000Source | 1,794,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 650,811,000Source | 2,621,234,000Source | 3,029,834,000Source | 1,174,008,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | 9,519,000Source | 72,602,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -543,640,000Source | 2,224,568,000Source | 1,528,950,000Source | 321,957,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -22,539,000Source | -14,248,000Source | -18,642,000Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -608,635,000Source | 654,763,000Source | -544,269,000Source | 591,053,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 356,942,000Source | 965,577,000Source | 310,814,000Source | 855,083,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 352,242,000Source | 105,784,000Source | 100,304,000Source | 160,618,000Source |
| Income Taxes Paid, NetUSD | 109,091,000Source | 27,932,000Source | 52,897,000Source | 151,210,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 14,546,000Source | 50,625,000Source | — | — |
| Amortization of Intangible AssetsUSD | 13,456,000Source | 12,227,000Source | 26,853,000Source | 37,162,000Source |
| Deconsolidation, Revaluation of Retained Investment, Gain (Loss), AmountUSD | — | — | — | -23,569,000Source |
| DepreciationUSD | 227,409,000Source | 144,166,000Source | 141,069,000Source | 104,823,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | — | — | -8,495,000Source | — |
| Dividends Payable, CurrentUSD | 0Source | — | 0Source | 626,310,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | 0Source | 5,277,000Source | 487,765,000Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | — | -7,222,000Source | -37,401,000Source | -500,076,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | — | -1,067,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 0Source | 139,089,000Source | 139,089,000Source | — |
| Gain (Loss) on Disposition of AssetsUSD | 670,938,000Source | -77,562,000Source | 29,378,000Source | — |
| Gain (Loss) on Disposition of Other AssetsUSD | 670,938,000Source | -77,562,000Source | 29,378,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 392,000Source | — | — |
| Gain (Loss) on Termination of LeaseUSD | — | -4,789,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -19,937,000Source | -270,063,000Source | 0Source | -14,997,000Source |
| GoodwillUSD | 0Source | 766,350,000Source | 776,760,000Source | 776,760,000Source |
| Goodwill, Impairment LossUSD | 598,110,000Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | 0Source | 9,972,000Source | -472,219,000Source |
| Income Tax Expense (Benefit)USD | 61,350,000Source | 69,509,000Source | 115,513,000Source | -123,439,000Source |
| InterestExpenseNonoperatingUSD | 777,845,000Source | 328,377,000Source | — | — |
| Inventory Write-downUSD | — | — | 6,232,000Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 547,882,000Source | 194,479,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 11,653,000Source | 6,652,000Source | 994,000Source | -9,693,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,844,910,000Source | -270,106,000Source | 547,882,000Source | 194,479,000Source |
| Operating Costs and ExpensesUSD | 26,594,000Source | 33,372,000Source | 45,439,000Source | 63,518,000Source |
| Operating Lease, Lease IncomeUSD | 174,790,000Source | 194,913,000Source | 276,113,000Source | 328,366,000Source |
| Other Nonoperating Income (Expense)USD | 147,593,000Source | -113,077,000Source | -10,408,000Source | 48,044,000Source |
| Payments of Financing CostsUSD | 28,340,000Source | 146,722,000Source | 37,806,000Source | — |
| Proceeds from Issuance of Common StockUSD | 0Source | 386,583,000Source | — | — |
| Unrealized Gain (Loss) on DerivativesUSD | — | -22,085,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,179,508,000Source | 1,698,348,000Source | 2,060,212,000Source | 1,978,645,000Source |
| Cost of RevenueUSD | 918,603,000Source | 1,064,667,000Source | 877,451,000Source | 1,010,428,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 307,442,000Source | 285,520,000Source | 205,104,000Source | 236,051,000Source |
| Operating Income (Loss)USD | -1,120,414,000Source | 538,639,000Source | 942,667,000Source | 737,380,000Source |
| Other Nonoperating Income (Expense)USD | 147,593,000Source | -113,077,000Source | -10,408,000Source | 48,044,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,770,603,000Source | -172,878,000Source | 664,389,000Source | 61,347,000Source |
| Income Tax Expense (Benefit)USD | 61,350,000Source | 69,509,000Source | 115,513,000Source | -123,439,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 11,653,000Source | 6,652,000Source | 994,000Source | -9,693,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 547,882,000Source | 194,479,000Source |
| Earnings Per Share, BasicUSD per share | -6.63Source | -1.24Source | 2.66Source | 0.93Source |
| Earnings Per Share, DilutedUSD per share | -6.63Source | -1.25Source | 2.65Source | 0.93Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 278,474,487Source | 217,578,487Source | 205,942,837Source | 209,501,298Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 278,474,487Source | 218,622,419Source | 206,481,977Source | 209,854,413Source |
| Interest Expense (non-operating)USD | 777,845,000Source | 328,377,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 13,456,000Source | 12,227,000Source | 26,853,000Source | 37,162,000Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 918,603,000Source | 1,064,667,000Source | 877,451,000Source | 1,010,428,000Source |
| Costs and ExpensesUSD | 2,624,451,000Source | 1,826,221,000Source | 1,470,629,000Source | 1,630,892,000Source |
| Current Income Tax Expense (Benefit)USD | 35,503,000Source | 64,043,000Source | 100,575,000Source | 156,097,000Source |
| Deconsolidation, Revaluation of Retained Investment, Gain (Loss), AmountUSD | — | — | — | -23,569,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 203,508,000Source | 162,014,000Source | 187,324,000Source | 142,640,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 0Source | 139,089,000Source | 139,089,000Source | — |
| Goodwill, Impairment LossUSD | 598,110,000Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | 0Source | 9,972,000Source | -472,219,000Source |
| Interest ExpenseUSD | — | — | 277,842,000Source | 236,861,000Source |
| Lease IncomeUSD | 190,504,000Source | 212,609,000Source | 276,843,000Source | 351,306,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -1,844,910,000Source | -270,106,000Source | 547,882,000Source | 194,479,000Source |
| Operating Costs and ExpensesUSD | 26,594,000Source | 33,372,000Source | 45,439,000Source | 63,518,000Source |
| Operating Lease, Lease IncomeUSD | 174,790,000Source | 194,913,000Source | 276,113,000Source | 328,366,000Source |