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New Fortress Energy (NFE) Revenue & Revenue Breakdown

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New Fortress Energy Revenue Highlights

Latest Revenue (Y)

$2.36B

Latest Revenue (Q)

$567.53M

Main Segment (Y)

Cargo Sales

Main Geography (Y)

Non-US

New Fortress Energy Revenue by Period

New Fortress Energy Revenue by Year

DateRevenueChange
2024-12-31$2.36B-2.01%
2023-12-31$2.41B1.90%
2022-12-31$2.37B79.03%
2021-12-31$1.32B192.88%
2020-12-31$451.65M138.81%
2019-12-31$189.13M68.41%
2018-12-31$112.30M15.46%
2017-12-31$97.26M354.60%
2016-12-31$21.39M-

New Fortress Energy generated $2.36B in revenue during NA 2024, up -2.01% compared to the previous quarter, and up 1250.42% compared to the same period a year ago.

New Fortress Energy Revenue by Quarter

DateRevenueChange
2024-09-30$567.53M32.60%
2024-06-30$428.01M-38.00%
2024-03-31$690.32M-8.97%
2023-12-31$758.36M47.41%
2023-09-30$514.46M-8.35%
2023-06-30$561.35M-3.07%
2023-03-31$579.13M6.00%
2022-12-31$546.37M-25.35%
2022-09-30$731.93M25.15%
2022-06-30$584.86M15.79%
2022-03-31$505.12M-22.13%
2021-12-31$648.63M112.91%
2021-09-30$304.66M36.10%
2021-06-30$223.84M53.65%
2021-03-31$145.68M-0.01%
2020-12-31$145.70M6.46%
2020-09-30$136.86M44.72%
2020-06-30$94.57M26.88%
2020-03-31$74.53M6.85%
2019-12-31$69.75M40.47%
2019-09-30$49.66M24.87%
2019-06-30$39.77M32.77%
2019-03-31$29.95M-4.52%
2018-12-31$31.37M10.36%
2018-09-30$28.42M6.06%
2018-06-30$26.80M4.24%
2018-03-31$25.71M1.81%
2017-12-31$25.25M-

New Fortress Energy generated $567.53M in revenue during Q3 2024, up 32.60% compared to the previous quarter, and up 101.10% compared to the same period a year ago.

New Fortress Energy Revenue Breakdown

New Fortress Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22
Incentive Fees$15.71M-
Cargo Sales$291.00M-
Interest Income and Other Revenue-$32.47M

New Fortress Energy's latest annual revenue breakdown by segment (product or service), as of Dec 24: Cargo Sales (94.88%), and Incentive Fees (5.12%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Jun 23Mar 23Sep 22
Interest Income and Other Revenue$2.60M$4.93M---
Cargo Sales--$267.78M$349.36M$350.55M

New Fortress Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Interest Income and Other Revenue (100.00%).

New Fortress Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 22
Non-US$1.32B$2.12B
UNITED STATES$1.05B$246.63M

New Fortress Energy's latest annual revenue breakdown by geography, as of Dec 24: Non-US (55.78%), and UNITED STATES (44.22%).

New Fortress Energy Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
EEExcelerate Energy$851.44B$193.42B
EQTEQT$5.57B$3.65T
NFENew Fortress Energy$2.36B$567.53M
CTRACoterra Energy$1.77B$1.36B
FLNGFLEX LNG$371.02M$90.23M
GLNGGolar LNG$298.43M$64.96M

NFE Revenue FAQ

What is New Fortress Energy’s yearly revenue?

New Fortress Energy's yearly revenue for 2024 was $2.36B, representing a decrease of -2.01% compared to 2023. The company's yearly revenue for 2023 was $2.41B, representing an increase of 1.90% compared to 2022. NFE's yearly revenue for 2022 was $2.37B, representing an increase of 79.03% compared to 2021.

What is New Fortress Energy’s quarterly revenue?

New Fortress Energy's quarterly revenue for Q3 2024 was $567.54M, a 32.60% increase from the previous quarter (Q2 2024), and a 10.32% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $428.01M, a -38.00% decrease from the previous quarter (Q1 2024), and a -23.75% decrease year-over-year (Q2 2023). NFE's quarterly revenue for Q1 2024 was $690.32M, a -8.97% decrease from the previous quarter (Q4 2023), and a 19.20% increase year-over-year (Q1 2023).

What is New Fortress Energy’s revenue growth rate?

New Fortress Energy's revenue growth rate for the last 3 years (2022-2024) was -0.14%, and for the last 5 years (2020-2024) was 423.60%.

What are New Fortress Energy’s revenue streams?

New Fortress Energy's revenue streams in c 24 are Incentive Fees, and Cargo Sales. Incentive Fees generated $15.71M in revenue, accounting 5.12% of the company's total revenue Cargo Sales generated $291M in revenue, accounting 94.88% of the company's total revenue

What is New Fortress Energy’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of New Fortress Energy was Cargo Sales. This segment made a revenue of $291M, representing 94.88% of the company's total revenue.