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New Fortress Energy NFE Ships — Cost of Product and Service Sold

Other segment segments

Terminals and Infrastructure
$199.69M-34.0%

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SNAProduct And Services, Excluding Financial Services — Shipping And Handling Costs
$27.5M+5.8%
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CWHShipping And Handling — Cost of Goods Sold
$450K-37.9%

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%
Free cash flow-$162.5M+38.1%

Valuation

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Market cap$103.71M-84.2%
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

Reported directly by New Fortress Energy in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 ships — cost of product and service sold?
New Fortress Energy (NFE) reported ships — cost of product and service sold of $0 in Q1 2026.
What does ships — cost of product and service sold mean?
The direct costs associated with providing shipping and regasification services to customers. This includes expenses directly attributable to the delivery of contracted marine services, excluding general overhead.