7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 2024-03-31 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-03-31 2021-12-31 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2019-12-31 2018-12-31 
      
    		               
      assets
    		               
      current assets
    		               
      cash and cash equivalents
    		551,109,000 143,457,000 104,342,000 296,860,000 675,492,000 364,313,000 156,173,000 187,509,000 143,138,000 360,130,000 601,522,000 112,723,000 167,316,000 27,098,000 78,301,000 
      restricted cash
    		270,298,000 171,476,000 100,513,000 325,298,000 165,396,000 24,204,000 74,873,000 68,561,000 57,353,000 4,072,000 12,814,000 25,714,000 32,946,000 30,966,000 30,000 
      accounts receivable
    		269,405,000 335,313,000 275,292,000 353,192,000 280,313,000 438,440,000 238,614,000 208,499,000 121,962,000 95,729,000 76,544,000 93,000,000 65,069,000 49,890,000 28,530,000 
      inventory
    		74,000,000 186,584,000 128,411,000 76,536,000 39,070,000 62,801,000 54,273,000 37,182,000 61,491,000 28,031,000 22,860,000 19,399,000 50,885,000 63,432,000 15,959,000 
      prepaid expenses and other current assets
    		317,687,000 201,953,000 105,133,000 102,251,000 226,883,000 154,798,000 82,392,000 83,115,000 92,010,000 60,245,000 48,270,000 29,689,000 28,941,000 38,652,000 30,017,000 
      total current assets
    		1,482,499,000 1,038,783,000 713,691,000 1,154,137,000 1,387,154,000 1,044,556,000 606,325,000 584,866,000 475,954,000 548,207,000 762,010,000 280,525,000 345,157,000 211,120,000 153,780,000 
      construction in progress
    		4,072,291,000 5,797,511,000 4,593,132,000 3,357,434,000 2,418,608,000 1,835,289,000 1,238,313,000 1,043,883,000 692,745,000 337,691,000 234,037,000 206,110,000 346,951,000 466,587,000 254,700,000 
      property, plant and equipment
    		5,539,901,000 2,175,882,000 2,161,930,000 2,094,417,000 2,116,727,000 2,131,912,000 2,160,025,000 2,137,936,000 2,038,738,000 607,003,000 614,206,000 622,475,000 475,198,000 192,222,000 94,040,000 
      right-of-use assets
    		437,548,000 726,391,000 504,299,000 477,757,000 377,877,000 391,488,000 419,819,000 309,663,000 139,136,000 131,575,000 141,347,000 140,143,000 106,993,000   
      intangible assets
    		194,752,000 211,854,000 74,540,000 80,312,000 85,897,000 92,339,000 135,650,000 142,944,000 225,668,000 65,934,000 46,102,000 44,381,000 42,931,000   
      goodwill
    		15,938,000 776,760,000 776,760,000 776,760,000 776,760,000 778,488,000 760,135,000 760,135,000 748,602,000       
      deferred tax assets
    		155,000 27,549,000 8,074,000 8,074,000 8,074,000 4,750,000 6,048,000 5,999,000 6,221,000 5,060,000 2,315,000 2,532,000 2,744,000   
      other non-current assets
    		214,246,000 125,632,000 164,244,000 138,555,000 137,078,000 137,658,000 102,136,000 98,418,000 117,004,000 114,140,000 86,030,000 83,611,000 77,170,000 81,626,000 35,255,000 
      total assets
    		11,957,330,000 10,880,362,000 9,135,239,000 8,223,746,000 7,705,082,000 7,440,984,000 7,365,808,000 6,876,492,000 6,392,075,000 1,832,111,000 1,908,091,000 1,399,813,000 1,421,513,000 1,123,814,000 699,402,000 
      liabilities
    		               
      current liabilities
    		               
      current portion of long-term debt and short-term borrowings
    		1,181,559,000 291,518,000 366,945,000             
      accounts payable
    		578,835,000 524,535,000 602,759,000 310,272,000 80,387,000 104,042,000 81,126,000 68,085,000 97,455,000 27,970,000 21,331,000 92,774,000 24,854,000 11,593,000 43,177,000 
      accrued liabilities
    		253,043,000 417,612,000 821,137,000 602,928,000 1,162,412,000 278,732,000 252,859,000 244,025,000 192,723,000 88,809,000 90,352,000 52,606,000 165,292,000 54,943,000 67,512,000 
      current lease liabilities
    		79,060,000 147,793,000 133,431,000 106,666,000 48,741,000 51,362,000 60,552,000 47,114,000 30,077,000 34,857,000 35,481,000 36,380,000 26,835,000   
      other current liabilities
    		108,807,000 185,415,000 143,598,000 99,275,000 52,878,000 78,670,000 83,128,000 106,036,000 104,598,000 33,375,000 35,006,000 31,272,000 26,134,000 25,475,000 17,393,000 
      total current liabilities
    		2,201,304,000 1,566,873,000 2,067,870,000 1,396,176,000 1,409,238,000 570,994,000 578,331,000 562,511,000 635,464,000 195,870,000 191,150,000 222,251,000 249,701,000 102,263,000 404,755,000 
      long-term debt
    		7,805,260,000 6,734,860,000 5,064,188,000 4,951,545,000 4,476,865,000 4,397,099,000 3,836,610,000 3,757,879,000 3,326,303,000 1,239,799,000 1,239,561,000 980,183,000 950,238,000 619,057,000  
      non-current lease liabilities
    		341,509,000 552,619,000 349,331,000 349,621,000 302,121,000 317,268,000 336,399,000 234,060,000 89,673,000 74,363,000 84,323,000 83,843,000 57,166,000   
      deferred tax liabilities
    		61,770,000 93,083,000 27,192,000 26,455,000 25,989,000 101,107,000 239,060,000 269,513,000 293,073,000 5,194,000 2,330,000 182,000 20,000   
      other long-term liabilities
    		154,139,000 36,645,000 75,783,000 50,623,000 49,010,000 52,319,000 57,503,000 58,475,000 45,643,000 25,704,000 15,641,000 14,617,000 14,314,000 14,929,000 12,000,000 
      total liabilities
    		10,563,982,000 8,984,080,000 7,584,364,000 6,774,420,000 6,263,223,000 5,438,787,000 5,047,903,000 4,882,438,000 4,390,156,000 1,540,930,000 1,533,005,000 1,301,076,000 1,271,439,000 736,490,000 416,755,000 
      commitments and contingencies
    		               
      series b convertible preferred stock, 0.01 par value, 36,746 shares authorized, issued and outstanding as of june 30, 2025 (96,746 as of december 31, 2024); aggregate liquidation preference of 36,746 and 96,746 at june 30, 2025 and december 31, 2024
    		41,154,000               
      stockholders’ equity
    		               
      class a common stock
    		2,742,000 2,050,000 2,050,000 2,047,000 2,088,000 2,088,000 2,076,000 2,069,000 2,060,000 1,746,000 1,746,000 1,687,000    
      additional paid-in capital
    		1,725,985,000 1,043,652,000 1,039,201,000 1,047,541,000 1,170,254,000 1,801,719,000 1,888,842,000 1,923,990,000 1,932,318,000 551,135,000 594,534,000 325,053,000    
      retained earnings
    		-558,397,000 561,422,000 290,564,000 191,819,000 62,080,000  105,870,000         
      accumulated other comprehensive income
    		59,426,000 64,179,000 74,346,000 57,344,000 55,398,000 45,613,000 116,789,000 -2,085,000 101,422,000 59,000 182,000 85,000 352,000  -11,000 
      total stockholders’ equity attributable to nfe
    		1,229,756,000 1,671,303,000 1,406,161,000 1,298,751,000 1,289,820,000 1,847,373,000 2,113,577,000 1,791,575,000   366,959,000   84,805,000  
      non-controlling interest
    		122,438,000 128,324,000 144,714,000 150,575,000 152,039,000 154,824,000 204,328,000 202,479,000 239,569,000 5,647,000 8,127,000 7,996,000 7,071,000 302,519,000 14,340,000 
      total stockholders’ equity
    		1,352,194,000 1,799,627,000 1,550,875,000 1,449,326,000 1,441,859,000 2,002,197,000 2,317,905,000 1,994,054,000   375,086,000   387,324,000  
      total liabilities and stockholders’ equity
    		11,957,330,000  9,135,239,000 8,223,746,000 7,705,082,000 7,440,984,000 7,365,808,000 6,876,492,000   1,908,091,000   1,123,814,000  
      equity method investments
    		  138,569,000 136,300,000 392,306,000 1,016,350,000 1,327,444,000 1,182,013,000 1,312,072,000       
      series a convertible preferred stock, 0.01 par value, 96,746 shares authorized, issued and outstanding as of march 31, 2024 (0 as of december 31, 2023); aggregate liquidation preference of 96,746 and 0 at march 31, 2024 and december 31, 2023
    		 96,655,000              
      total liabilities, convertible preferred stock and stockholders’ equity
    		 10,880,362,000              
      current portion of long-term debt
    		   277,035,000 64,820,000 58,188,000 100,666,000 97,251,000 204,551,000      272,192,000 
      finance leases
    		    4,601,000 5,573,000 601,953,000 602,675,000 606,108,000 7,501,000 7,044,000 4,872,000 915,000 1,082,000 943,000 
      accumulated deficit
    		     -2,047,000  -132,399,000 -273,450,000 -267,406,000 -229,503,000 -229,673,000 -192,852,000 -45,823,000 -158,423,000 
      due to affiliates
    		        6,060,000 10,859,000 8,980,000 9,219,000 6,586,000 10,252,000 4,481,000 
      total stockholders' equity attributable to nfe
    		        1,762,350,000 285,534,000  90,741,000 143,003,000   
      total stockholders' equity
    		        2,001,919,000 291,181,000  98,737,000 150,074,000   
      total liabilities and stockholders' equity
    		        6,392,075,000 1,832,111,000  1,399,813,000 1,421,513,000   
      commitments and contingences
    		               
      class a shares, 0 shares issued and outstanding as of december 31, 2020; 23.6 million shares issued and outstanding as of december 31, 2019
    		               
      class b shares, 0 shares issued and outstanding as of december 31, 2020; 144.3 million shares, issued and outstanding as of december 31, 2019
    		               
      investment in equity securities
    		           164,000 323,000 2,540,000  
      treasury stock
    		           -6,411,000    
      class a shares, 0 shares issued and outstanding as of september 30, 2020; 23.6 million shares issued and outstanding as of december 31, 2019
    		               
      class b shares, 0 shares issued and outstanding as of september 30, 2020; 144.3 million shares, issued and outstanding as of december 31, 2019
    		               
      class a shares, 169,174,104 shares issued and 168,587,346 outstanding as of june 30, 2020; 23,607,096 shares issued and outstanding as of december 31, 2019
    		            341,675,000   
      treasury shares, 586,758 shares as of june 30, 2020, at cost; 0 shares at december 31, 2019, at cost
    		            -6,172,000   
      class b shares, 0 shares issued and outstanding as of june 30, 2020; 144,342,572 shares, issued and outstanding as of december 31, 2019
    		               
      intangibles
    		             43,540,000 43,057,000 
      deferred tax asset
    		             34,000 185,000 
      term loan facility
    		               
      deferred tax liability
    		             241,000  
      members’ capital, no par value, 500,000,000 shares authorized, 67,983,095 shares issued and outstanding as of december 31, 2018
    		               
      class a shares, 23,607,096 shares, issued and outstanding as of december 31, 2019; 0 shares issued and outstanding as of december 31, 2018
    		             130,658,000  
      class b shares, 144,342,572 shares, issued and outstanding as of december 31, 2019; 0 shares issued and outstanding as of december 31, 2018
    		               
      accumulated other comprehensive loss
    		             -30,000  
      available-for-sale investment
    		              3,656,000 
      deferred tax liability, net.
    		               
      members’ equity
    		              268,307,000 
      members’ capital, no par value, 500,000,000 shares authorized, 67,983,095 shares issued and outstanding as of december 31, 2018; 65,665,037 shares issued and outstanding as of december 31, 2017
    		              426,741,000 
      stock subscription receivable
    		               
      total members’ equity
    		              282,647,000 
      total liabilities and members’ equity
    		              699,402,000 
      revenues
    		               
      operating revenue
    		              96,906,000 
      other revenue
    		              15,395,000 
      total revenues
    		              112,301,000 
      operating expenses
    		               
      cost of sales
    		              95,742,000 
      operations and maintenance
    		              9,589,000 
      selling, general and administrative
    		              62,137,000 
      depreciation and amortization.
    		              3,321,000 
      total operating expenses
    		              170,789,000 
      operating income
    		              -58,488,000 
      interest expense
    		              11,248,000 
      other (income)
    		              -784,000 
      loss on extinguishment of debt
    		              9,568,000 
      income before taxes
    		              -78,520,000 
      tax (benefit) expense
    		              -338,000 
      net income
    		              -78,182,000 
      net income attributable to non-controlling interest
    		              106,000 
      net income attributable to members
    		              -78,076,000 
      net income per share
    		              -1,150 
      weighted-average number of shares outstanding – basic and diluted
    		              67,932,825,000 
      other comprehensive loss:
    		               
      unrealized loss/(gain) on available-for-sale investment, net of tax expense of 0
    		              2,677,000 
      comprehensive loss
    		              -80,859,000 
      comprehensive loss attributable to non-controlling interest
    		              106,000 
      comprehensive loss attributable to members
    		              -80,753,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.