Short answer
New Fortress Energy Inc. (NFE) filed its Q1 2026 10-Q quarterly report on May 14, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $185M (down 51.9% year over year) with net income of −$400M.
Q1 2026 key financials · XBRL
- Revenue
- $185M
- −51.9% YoY
- Net income
- −$400M
- −99.8% YoY
- Operating margin
- -121.7%
- EPS (diluted)
- −$1.40
- −91.8% YoY
Source: XBRL data from the New Fortress Energy Inc. (NFE) Q1 2026 10-Q on SEC EDGAR. USD.
New Fortress Energy Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $226.953M, down from $395.744M in Q4 2025; YoY comparison unavailable in provided text
- Gross margin $(62.733)M, with depreciation and amortization of $41.082M
- Terminals and Infrastructure worst performer, segment margin $(28.923)M; Ships margin $7.272M
- Substantial doubt over going concern following debt defaults and ongoing liquidity challenges
- March 17, 2026 RSA targeting debt reduction, Brazil divestiture, incremental funding and new capital structure
Risk Factors
- Labor risk: Skilled-worker shortages and local-crewing rules in Brazil could increase wages and disrupt facility and vessel operations
- Regulatory risk: Political instability across operating jurisdictions could alter energy policies, contracts, taxes, tariffs, or foreign-exchange controls
- Market risk: Restructuring Transaction would leave pre-transaction shareholders with 35% of outstanding Class A common stock
- Financial risk: Mexican peso and Brazilian real volatility could reduce U.S.-dollar margins and reported cash flows
- Governance risk: Founder Entities and Energy Transition Holdings LLC control approximately 41.5% of voting power combined
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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