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New Fortress Energy NFE Ships — Vessel operating expenses

Other segment segments

Terminals and Infrastructure
$654K

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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%
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:OperatingCostsAndExpenses.

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 — vessel operating expenses?
New Fortress Energy (NFE) reported ships — vessel operating expenses of $0 in Q1 2026.
How has New Fortress Energy's ships — vessel operating expenses changed year-over-year?
New Fortress Energy's ships — vessel operating expenses decreased by 100.0% year-over-year, from $7.18M to $0.
What is the long-term trend for New Fortress Energy's ships — vessel operating expenses?
Over 4 years (2021 to 2025), New Fortress Energy's ships — vessel operating expenses has grown at a -23.4% compound annual growth rate (CAGR), from $64.39M to $22.19M.
What does ships — vessel operating expenses mean?
The recurring costs required to maintain and operate the fleet, including crew wages, insurance, routine maintenance, and port fees. Monitoring these expenses is critical for assessing the operational efficiency and profitability of the shipping segment.