NFE Q2 2023 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena

NFENew Fortress Energy Inc.

$307M

Q2 2023 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$561M-4.0% YoY

Gross Profit

$290M51.7% margin

Operating Income

$191M34.0% margin

Net Income

$119M21.2% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$304M

Free Cash Flow

-$599M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$9.1B

Total Liabilities

$7.6B

Stockholders' Equity

$1.4B

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$561M	$585M	-4.0%
Gross Profit	$290M	$273M	+6.3%
Operating Income	$191M	$134M	+42.8%
Net Income	$119M	-$170M	+170.2%

Revenue Segments

Cargo Sales

$268M100%