NFE Q2 2022 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena

NFENew Fortress Energy Inc.

$307M

Q2 2022 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$585M+161.3% YoY

Gross Profit

$273M46.7% margin

Operating Income

$134M22.9% margin

Net Income

-$170M-29.0% margin

EPS (Diluted)

$-0.81

QoQ Revenue Growth

+15.8%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

-$196M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$5.2B

Stockholders' Equity

$1.9B

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$585M	$224M	+161.3%
Gross Profit	$273M	$88M	+209.0%
Operating Income	$134M	-$12M	+1192.2%
Net Income	-$170M	-$6M	-2708.8%

Revenue Segments

Cargo Sales

$309M100%