NFE Q3 2024 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena

NFENew Fortress Energy Inc.

$307M

Q3 2024 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$568M+10.3% YoY

Gross Profit

$199M35.0% margin

Operating Income

$80M14.0% margin

Net Income

$9M1.6% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+32.6%

Cash Flow

Operating Cash Flow

-$17M

Free Cash Flow

-$452M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$12.0B

Total Liabilities

$10.3B

Stockholders' Equity

$1.6B

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$568M	$514M	+10.3%
Gross Profit	$199M	$250M	-20.6%
Operating Income	$80M	$150M	-46.8%
Net Income	$9M	$61M	-84.8%

Revenue Segments

Interest Income and Other Revenue

$3M100%