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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›NFE›Financials
Annual statements · SEC XBRL · FY2017 – FY2025

New Fortress Energy Inc. (NFE) financials

Income statement

New Fortress Energy Inc. (NFE) income statement, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$82.1M$96.9M$146M$318M$931M$1.98B$2.06B$1.70B$1.18B
Revenue growth—18.0%50.1%118.8%192.4%112.6%4.1%-17.6%-30.5%
Operating income-$25.0M-$58.5M-$187M-$155M$239M$737M$936M$528M-$1.12B
Operating margin-30.4%-60.4%-128.7%-48.8%25.7%37.3%45.4%31.1%-95.0%
Net income-$31.7M-$78.2M-$204M-$264M$92.7M$185M$548M-$245M-$1.83B
Net margin-38.6%-80.7%-140.4%-82.9%10.0%9.3%26.6%-14.4%-155.3%
EPS (diluted)——-$1.62-$1.71$0.47$0.93$2.65-$1.26-$6.63

Cash flow

New Fortress Energy Inc. (NFE) cash flow, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$54.9M-$93.2M-$234M-$126M$84.8M$355M$819M$602M-$583M
Capital expenditures$28.7M$181M$377M$157M$669M$1.17B$2.92B$2.13B$651M
Free cash flow-$83.6M-$274M-$611M-$283M-$585M-$819M-$2.10B-$1.53B-$1.23B
Dividends paid—$0.00$0.00$33.7M$88.8M$99.0M$724M$65.3M$3.47M

Balance sheet

New Fortress Energy Inc. (NFE) balance sheet, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$118M$78.3M$27.1M$602M$188M$675M$155M$143M$448M
Total assets—$699M$1.12B$1.91B$6.88B$7.71B$10.5B$10.9B$13.1B
Total liabilities—$417M$736M$1.53B$4.88B$6.26B$8.74B$8.99B$11.1B
Long-term debt—$272M$619M$1.24B$3.86B$4.54B$6.80B$8.90B$8.18B
Shareholders' equity$279M$283M$84.8M$367M$1.79B$1.29B$1.64B$1.67B$1.77B
Retained earnings—-$158M-$45.8M-$230M-$132M$62.1M$527M$556M$15.4M
Shares (wtd avg diluted)——20.9M107M202M210M206M219M278M

Every figure is extracted from New Fortress Energy Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is New Fortress Energy Inc.'s annual revenue?
New Fortress Energy Inc. (NFE) reported $1.18B of revenue for fiscal year 2025 — down 30.5% from $1.70B in FY2024, per its annual report filed with the SEC.
Is New Fortress Energy Inc. profitable?
Not in FY2025 — NFE reported a net loss of $1.83B, per SEC filings.
What is New Fortress Energy Inc.'s free cash flow?
-$1.23B in FY2025 (operating cash flow -$583M minus $651M of capital expenditures), from the SEC cash-flow statement.
Does NFE pay a dividend?
Yes — New Fortress Energy Inc. paid $3.47M in cash dividends during FY2025, per its SEC cash-flow statement.
Full NFE analysis — verdict, score & filings →Is NFE a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.