Filing Flows › New Fortress Energy (NFE) › Q1 2026 › vs Q4 2025
New Fortress Energy (NFE) Q1 2026 vs Q4 2025 (quarter over quarter)
New Fortress Energy's revenue fell $169M (-43%) from $396M in Q4 2025 to $227M in Q1 2026.
New Fortress Energy, Q1 2026: revenue $227M (-52% year over year), operating margin -99.3%, net loss $401M, operating cash flow −$119M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $227M | $396M | −$169M | -43% |
| Net loss | $401M | $847M | −$446M | -53% |
| Costs & expenses | $628M | $1.2B | −$615M | -50% |
| Operating costs | $452M | $1.0B | −$573M | -56% |
| Interest & other, net | $144M | $198M | −$54.3M | -27% |
| Income tax | $31.5M | $19.4M | $12.2M | +63% |
| Cost of revenue | $200M | $210M | −$10.8M | -5% |
| SG&A | $47.5M | $113M | −$65.1M | -58% |
| Other operating costs | $205M | $702M | −$497M | -71% |
| Operating cash sources | $401M | $847M | −$446M | -53% |
| Depreciation & amortization | $51.4M | $56.9M | −$5.4M | -10% |
| Share-based compensation | $3.8M | $4.0M | −$191K | -5% |
| Working capital & other | $226M | $710M | −$484M | -68% |
| Cash used in operations | $119M | $76.2M | $42.7M | +56% |
| Net loss absorbed | $401M | $847M | −$446M | -53% |
Questions
How much did New Fortress Energy's revenue grow quarter over quarter in Q1 2026?
New Fortress Energy's revenue fell $169M (-43%) from $396M in Q4 2025 to $227M in Q1 2026.