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Other financials

Income statement

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Revenue$227.0M-51.9%
Gross profit$27.3M-84.0%
Operating income-$225.4M-1,700%
Net income-$400.6M-128%
EPS (diluted)-$1.40-115%

Balance sheet

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Cash & equivalents$189.9M-77.3%
Total debt$1.5B-84.8%
Total equity-$180.2M-110%
Total assets$10.4B-20.5%

Cash flow

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Operating cash flow-$118.9M-1,543%
CapEx$43.6M-82.9%

Valuation

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Market cap$103.71M-84.1%
Enterprise value$1.38B-83.2%
P/S0.1×-0.2×

Profitability

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Gross margin35.2%-11.7pp
Operating margin-105.9%-121pp
Net margin-163.4%-194pp
FCF margin-90.1%+73.9pp

Returns & leverage

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Return on equity-177.8%-194pp
Debt / equity8.6×+3.7×
Current ratio0.1×-0.9×

Where this comes from

Calculated from New Fortress Energy’s reported figures.

The official record: New Fortress Energy’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Fortress Energy's free cash flow?
New Fortress Energy (NFE) reported free cash flow of -$162.47M in Q1 2026.
How has New Fortress Energy's free cash flow changed year-over-year?
New Fortress Energy's free cash flow increased by 38.1% year-over-year, from -$262.33M to -$162.47M.
What is the long-term trend for New Fortress Energy's free cash flow?
Over 4 years (2021 to 2025), New Fortress Energy's free cash flow has grown at a 20.5% compound annual growth rate (CAGR), from -$584.58M to -$1.23B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.