NFE Q1 2023 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena

NFENew Fortress Energy Inc.

$307M

Q1 2023 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$579M+14.7% YoY

Gross Profit

$354M61.2% margin

Operating Income

$267M46.1% margin

Net Income

$150M25.9% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$200M

Free Cash Flow

-$363M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$6.8B

Stockholders' Equity

$1.3B

Cash & Equivalents

$297M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$579M	$505M	+14.7%
Gross Profit	$354M	$251M	+41.3%
Operating Income	$267M	$166M	+60.5%
Net Income	$150M	$238M	-37.0%

Revenue Segments

Cargo Sales

$349M100%