NASDAQ$NFE

New Fortress Energy Inc. · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

New Fortress Energy reported Q1 2026 revenue of $227.0M with a net loss of $400.6M and diluted loss per share of $1.40.

For the quarter ended March 31, 2026, New Fortress Energy reported total revenue of $227.0 million, down from $472.3 million, as terminal and infrastructure revenue fell following prior-period contract settlements and ships segment charter revenue declined. Net loss attributable to Class A shareholders was $400.6 million, or $1.40 per diluted share, versus $178.2 million a year ago. Segment results reflected lower cargo sales and early termination of certain vessel charters.

  • Revenue of $227.0M declined sharply from $472.3M year over year.
  • Net loss attributable to Class A stock was $400.6M; diluted EPS was a loss of $1.40.
  • Terminals and infrastructure revenue fell after prior Puerto Rico settlement recognition.
  • Ships segment revenue decreased with Energos-related charter terminations.
  • Management continues restructuring and asset sales per MD&A.

Headline financials

Total Revenue

$227M

Previous: $471M-51.8%
EPS (adj)

-$1.40

Previous: -$0.73-91.8%
Capital Expenditures

-$43.6M

Previous: -$340M+87.2%
Net Income

-$401M

Previous: -$197M-103.0%
Operating Income

-$225M

Previous: -$18.5M-1119.6%

Revenue & EPS history

New Fortress Energy · Revenue · Quarterly

$227M

Q1 2026-51.8%vs Q1 2025
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

New Fortress Energy · $250M total across 2 segments · Q3 2023

  • Terminals & Infra
    $195M-22.6%
  • Ships
    $54.9M-37.5%

Forward guidance

NFE’s 10-Q discusses liquidity, asset sales, and segment restructuring without issuing traditional EPS or consolidated revenue guidance for upcoming quarters.

Tailwinds

  • Management is pursuing monetization and cost actions to stabilize liquidity.
  • Segment operating metrics remain disclosed for terminals and ships.

Headwinds

  • Revenue and earnings declined materially year over year.
  • High leverage and charter terminations continue to pressure results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.5%

Avg return

Earnings day

+0.7%

Avg return

5 days after

-0.3%

Avg return

30 days after

52%

15 / 29 earnings

Positive

+25.3%

Q4 2020

Best reaction

-63.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.4%-8.4%-27.9%
Q4 2025+1.9%-9.0%-15.6%
Q3 2025-4.3%-17.1%+12.1%
Q1 2025-63.3%-54.9%-59.6%
Q4 2024-9.6%-1.3%-14.3%
Q3 2024-5.7%-2.1%+29.4%
Q2 2024-17.1%-18.0%-35.0%
Q1 2024+5.2%+3.7%-10.9%
Q4 2023+8.7%+5.7%-3.4%
Q3 2023+21.9%+22.7%+37.0%
Q2 2023+5.4%+2.5%+10.9%
Q1 2023+11.0%+9.2%+5.0%
Q4 2022-13.9%-6.7%-26.7%
Q3 2022-15.9%-13.8%-22.6%
Q2 2022-1.7%+5.4%+11.1%
Q1 2022+8.4%-2.9%+17.4%
Q4 2021+24.7%+34.1%+52.9%
Q3 2021-4.3%-5.5%-21.6%
Q2 2021+1.3%-0.9%-1.5%
Q1 2021-3.2%-8.5%-2.5%
Q4 2020+25.3%+20.4%+9.3%
Q3 2020-18.9%-18.3%+3.3%
Q2 2020+8.1%+15.0%+33.5%
Q1 2020+4.7%+8.5%+11.8%
Q4 2019+7.3%+6.5%-37.7%
Q3 2019-4.1%-6.8%-2.3%
Q2 2019+14.4%+27.7%+29.0%
Q1 2019-0.1%+14.8%-10.2%
Q4 2018-3.5%+18.6%+22.0%
Q3 2018
Q2 2018
Q1 2018
Q4 2017

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