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New Fortress Energy (NFE) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

New Fortress Energy (NFE) reported revenue of $313M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +38% from the quarter before. Operating margin was -47.6%, net loss $373M (119.3% of revenue).

Revenue$313M
Year over year+3%
Quarter over quarter+38%
Operating margin-47.6%
Net earnings−$373M

New Fortress Energy, Q2 2026: revenue $313M (+3% year over year), operating margin -47.6%, net loss $373M, operating cash flow −$159M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$313M+38%+3%
Operating profit−$149M——
Net earnings−$373M——
Operating cash flow−$159M——

What changed

Revenue was $312.5M in Q2 2026, up 3% year over year and up 38% from the previous quarter.

Operating costs exceeded revenue by $148.7M, an operating margin of -47.6%. Total costs fell 33% while revenue rose 3%. The fastest-growing cost line was SG&A (+51%). The quarter ended with a net loss of $373.0M, narrower than the previous quarter's $400.6M loss. Minority interests bore $1.5M of it: to shareholders the quarter was a loss of $371.4M. Net interest and other expense of $232.2M was the main reason.

Operating cash flow was −$159.3M. Non-cash charges added back $56.4M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $152.2M. Capital expenditures of $40.3M exceeded it, leaving free cash flow of −$199.6M.

Questions

What was New Fortress Energy's revenue in the second quarter 2026?

New Fortress Energy (NFE) reported revenue of $313M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +38% from the quarter before.

Was New Fortress Energy profitable in the second quarter 2026?

Operating loss was $149M (-47.6% of revenue) and net loss $373M.

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Source: New Fortress Energy 10-Q on SEC EDGAR.