New Fortress Energy financials
$6.08−6.17%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.50B | $2.36B | $2.39B | $2.37B | $1.32B | $451.6M | $189.1M |
| Gross profit | $585.4M | $1.29B | $1.51B | $1.36B | $706.8M | $172.9M | $5.8M |
| Gross margin | 38.9% | 54.8% | 63.2% | 57.3% | 53.4% | 38.3% | 3.0% |
| Operating income | -$1.79B | $608.7M | $907.7M | $737.4M | $238.9M | -$155.4M | -$187.3M |
| Net income | -$1.84B | -$272.3M | $547.2M | $194.5M | $97.1M | -$182.1M | -$33.8M |
| Net margin | −122.7% | −11.5% | 22.9% | 8.2% | 7.3% | −40.3% | −17.9% |
| Diluted EPS | $-331.50 | $-63.00 | $132.50 | $46.50 | $23.50 | $-85.50 | $-81.00 |
| EBITDA | -$90.0M | $784.5M | $1.08B | $953.4M | $383.1M | -$118.0M | -$178.6M |
| Operating cash flow | -$583.4M | $602.2M | $818.6M | $355.1M | $84.8M | -$125.6M | -$234.3M |
| Free cash flow | -$1.23B | -$1.53B | -$2.10B | -$818.9M | -$584.6M | -$282.6M | -$611.3M |
| Diluted shares | 5.6M | 4.4M | 4.1M | 4.2M | 4.0M | 2.1M | 0.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $226.5M | $492.9M | $155.4M | $675.5M | $187.5M | $601.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $8.18B | $8.90B | $6.80B | $4.54B | $3.86B | $1.24B |
| Total assets | $10.56B | $12.92B | $10.50B | $7.71B | $6.88B | $1.91B |
| Total liabilities | $10.25B | $10.83B | $8.72B | $6.26B | $4.88B | $1.53B |
| Shareholders' equity | $309.6M | $2.00B | $1.78B | $1.44B | $1.99B | $375.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology