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NFE Q2 2024 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena
NFE
New Fortress Energy Inc.
$307M
Q2 2024 Earnings
Utilities
Regulated Gas
Income Statement
Revenue
$428M
-23.8% YoY
Gross Profit
$160M
37.4% margin
Operating Income
$44M
10.4% margin
Net Income
-$89M
-20.8% margin
EPS (Diluted)
$-0.44
QoQ Revenue Growth
-38.0%
Cash Flow
Operating Cash Flow
$93M
Free Cash Flow
-$570M
Stock-Based Comp.
$20M
Balance Sheet
Total Assets
$11.4B
Total Liabilities
$9.7B
Stockholders' Equity
$1.6B
Cash & Equivalents
$133M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$428M
$561M
-23.8%
Gross Profit
$160M
$290M
-44.8%
Operating Income
$44M
$191M
-76.8%
Net Income
-$89M
$119M
-174.5%
Revenue Segments
Interest Income and Other Revenue
$5M
100%
← FY 2024
All Quarters
Q3 2024 →