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NextDecade (NEXT) Financials

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$8.13 -0.33 (-3.90%)
Closing price 04:00 PM Eastern
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$8.15 +0.02 (+0.31%)
As of 05:08 PM Eastern
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Annual Income Statements for NextDecade

Annual Income Statements for NextDecade

This table shows NextDecade's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -7.76 -8.44 -35 -44 -49 -29 -40 -84 -183 -62 -306
Consolidated Net Income / (Loss)		 -7.76 -8.44 -35 -42 -36 -14 -22 -60 -222 277 -430
Net Income / (Loss) Continuing Operations		 -7.76 -8.44 -35 -42 -36 -14 -22 -60 -222 277 -430
Total Pre-Tax Income 		-7.76 -8.44 -35 -42 -36 -14 -22 -60 -222 277 -430
Total Operating Income		 -7.77 -8.50 -36 -43 -35 -22 -20 -54 -123 -171 -226
Total Gross Profit		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Revenue		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Revenue		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Cost of Revenue		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses		 7.77 8.50 36 43 35 22 20 54 123 171 226
Selling, General & Admin Expense		 7.11 7.30 35 35 23 20 17 49 111 150 206
Research & Development Expense		 - - - - - - 1.62 4.10 4.89 8.26 8.01
Depreciation Expense		 0.08 0.10 0.11 0.17 0.25 0.20 0.18 0.16 6.31 13 12
Total Other Income / (Expense), net		 0.01 0.06 0.31 1.06 -0.87 7.68 -2.53 -5.60 -99 449 -204
Interest Expense		 - - - - - - - 0.00 60 137 200
Other Income / (Expense), net		 -0.02 -0.02 -0.03 0.04 -2.59 7.44 -2.53 -5.60 -39 585 -3.56
Preferred Stock Dividends Declared		 - - 0.00 1.55 13 14 18 24 20 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - - - 0.00 -59 339 -123
Basic Earnings per Share		 - - - ($0.41) ($0.45) ($0.24) ($0.34) ($0.65) ($0.94) ($0.24) ($1.17)
Weighted Average Basic Shares Outstanding		 55.23M 95.68M 100.93K 106.56M 109.06M 117.52M 119.20M 130.14M 194.60M 258.54M 262.16M
Diluted Earnings per Share		 - - - ($0.41) ($0.45) ($0.24) - ($0.65) ($0.94) ($0.24) ($1.17)
Weighted Average Diluted Shares Outstanding		 55.23M 95.68M 100.93K 106.56M 109.06M 117.52M 119.20M 130.14M 194.60M 258.54M 262.16M
Weighted Average Basic & Diluted Shares Outstanding		 55.23M 95.68M 100.93K 106.56M 109.06M 117.52M 119.20M 150.57M 256.71M 260.44M 264.93M

Quarterly Income Statements for NextDecade

This table shows NextDecade's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 108 -129 28 -33 -123 66 -89 -61 -109 -47 -136
Consolidated Net Income / (Loss)		 182 -256 187 2.30 -393 481 -245 -71 -185 71 -195
Net Income / (Loss) Continuing Operations		 182 -256 187 2.30 -393 481 -245 -71 -185 71 -195
Total Pre-Tax Income 		182 -256 187 2.30 -393 481 -245 -71 -185 71 -195
Total Operating Income		 -36 -32 -38 -40 -49 -44 -52 -56 -72 -46 -55
Total Gross Profit		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Revenue		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Operating Revenue		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Cost of Revenue		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Operating Expenses		 36 32 38 40 49 44 52 56 72 46 55
Selling, General & Admin Expense		 32 26 33 34 44 40 48 52 66 39 50
Research & Development Expense		 1.08 2.93 2.51 2.41 2.39 0.96 0.31 1.25 2.88 3.57 2.14
Depreciation Expense		 0.04 0.05 3.10 3.22 3.17 0.61 3.15 2.97 2.98 3.03 3.03
Total Other Income / (Expense), net		 218 -224 225 42 -344 526 -193 -14 -113 117 -140
Interest Expense		 33 27 33 66 16 22 27 38 39 96 79
Other Income / (Expense), net		 250 -196 258 108 -328 546 -166 24 -74 213 -61
Income Tax Expense		 - - - - - - 0.00 - - - 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest		 67 -127 158 35 -270 416 -156 -9.77 -75 118 -59
Basic Earnings per Share		 $0.48 ($0.35) $0.11 ($0.13) ($0.47) $0.25 ($0.34) ($0.23) ($0.42) ($0.18) ($0.51)
Weighted Average Basic Shares Outstanding		 222.47M 194.60M 256.71M 257.84M 259.38M 258.54M 260.41M 260.88M 262.58M 262.16M 264.91M
Diluted Earnings per Share		 $0.48 ($0.35) $0.11 ($0.13) ($0.47) $0.25 ($0.34) ($0.23) ($0.42) ($0.18) ($0.51)
Weighted Average Diluted Shares Outstanding		 222.47M 194.60M 266.89M 257.84M 259.38M 258.54M 260.41M 260.88M 262.58M 262.16M 264.91M
Weighted Average Basic & Diluted Shares Outstanding		 256.58M 256.71M 257.99M 259.47M 260.29M 260.44M 260.87M 261.99M 264.80M 264.93M 264.99M

Annual Cash Flow Statements for NextDecade

This table details how cash moves in and out of NextDecade's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 127 -32 23 -33 13 6.87 2.94 37 232 98 314
Net Cash From Operating Activities		 -6.23 -7.19 -13 -23 -41 -26 -18 -40 -74 -96 -169
Net Cash From Continuing Operating Activities		 -6.23 -7.19 -13 -23 -41 -26 -18 -40 -74 -96 -169
Net Income / (Loss) Continuing Operations		 -7.76 -8.44 -35 -42 -36 -14 -22 -60 -222 277 -430
Consolidated Net Income / (Loss)		 -7.76 -8.44 -35 -42 -36 -14 -22 -60 -222 277 -430
Depreciation Expense		 0.08 0.10 0.11 0.17 0.38 1.56 1.60 0.52 0.17 1.93 1.79
Amortization Expense		 - - - 0.00 0.96 1.23 0.55 0.76 44 70 91
Non-Cash Adjustments To Reconcile Net Income		 0.00 0.51 23 17 -8.85 -7.79 -1.78 13 85 -469 120
Changes in Operating Assets and Liabilities, net		 1.46 0.64 -0.30 1.71 2.69 -6.92 3.71 5.50 19 24 48
Net Cash From Investing Activities		 -33 -24 12 -86 -17 19 -19 -41 -1,753 -2,574 -4,853
Net Cash From Continuing Investing Activities		 -33 -24 12 -86 -17 19 -19 -41 -1,753 -2,574 -4,853
Purchase of Property, Plant & Equipment		 -33 -19 -15 -19 -20 -32 -12 -34 -1,738 -2,568 -4,847
Other Investing Activities, net		 0.00 0.00 27 - - -11 -6.43 -7.14 -15 -6.40 -6.10
Net Cash From Financing Activities		 166 0.00 24 77 70 15 39 118 2,058 2,768 5,337
Net Cash From Continuing Financing Activities		 166 0.00 24 77 70 15 39 118 2,058 2,768 5,337
Repayment of Debt		 - - - - - - - 0.00 -233 -1,352 0.00
Repurchase of Common Equity		 -2.75 0.00 -5.95 -2.14 -0.94 -0.35 -0.55 -7.22 -504 -80 -330
Payment of Dividends		 -1.04 0.00 0.00 -0.00 -0.04 -0.05 -0.07 -0.08 -0.05 0.00 0.00
Issuance of Debt		 - - - - - - - 0.00 2,083 3,523 4,701
Issuance of Common Equity		 87 0.00 30 79 71 0.00 0.56 115 712 676 982
Other Financing Activities, net		 83 - - - 0.00 15 - 0.00 0.00 0.00 -16

Quarterly Cash Flow Statements for NextDecade

This table details how cash moves in and out of NextDecade's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 406 -151 -43 -48 63 127 -6.61 71 288 -38 -242
Net Cash From Operating Activities		 -11 -21 -29 5.99 -64 -8.90 -69 -3.90 -76 -21 -111
Net Cash From Continuing Operating Activities		 -11 -21 -29 5.99 -64 -8.90 -69 -3.90 -76 -21 -111
Net Income / (Loss) Continuing Operations		 182 -256 187 2.30 -393 481 -245 -71 -185 71 -195
Consolidated Net Income / (Loss)		 182 -256 187 2.30 -393 481 -245 -71 -185 71 -195
Depreciation Expense		 0.04 0.05 0.08 0.62 0.61 0.61 0.61 0.39 0.39 0.39 0.38
Amortization Expense		 26 18 18 18 17 17 17 21 21 31 28
Non-Cash Adjustments To Reconcile Net Income		 -229 211 -242 -28 337 -534 180 8.12 95 -166 100
Changes in Operating Assets and Liabilities, net		 10 5.88 8.69 14 -26 26 -21 37 -7.69 43 -44
Net Cash From Investing Activities		 -954 -742 -781 -594 -505 -695 -779 -752 -1,349 -1,973 -1,177
Net Cash From Continuing Investing Activities		 -954 -742 -781 -594 -505 -695 -779 -752 -1,349 -1,973 -1,177
Purchase of Property, Plant & Equipment		 -944 -741 -775 -593 -505 -695 -770 -732 -1,358 -1,987 -1,177
Other Investing Activities, net		 - -1.19 -6.03 - - - -9.44 -20 8.96 15 0.00
Net Cash From Financing Activities		 1,371 612 766 539 632 830 842 827 1,712 1,956 1,045
Net Cash From Continuing Financing Activities		 1,371 612 766 539 632 830 842 827 1,712 1,956 1,045
Repurchase of Common Equity		 -500 -3.33 -20 -17 -22 -20 -18 -14 -60 -238 -20
Issuance of Debt		 1,409 674 769 1,532 498 724 645 643 1,475 1,939 817
Issuance of Common Equity		 463 174 195 139 160 183 215 198 298 271 249

Annual Balance Sheets for NextDecade

This table presents NextDecade's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 118 76 116 169 221 202 222 312 3,324 6,404 12,426
Total Current Assets		 0.37 19 43 77 79 23 26 64 315 413 718
Cash & Equivalents		 0.32 13 36 3.17 16 23 26 63 38 148 144
Restricted Cash		 - - - - - - - 0.00 256 245 563
Prepaid Expenses		 0.05 1.10 2.10 1.31 0.86 0.67 0.84 1.15 2.09 20 11
Other Current Assets		 - 0.58 - - - - - 0.00 18 - 0.00
Plant, Property, & Equipment, net		 0.00 56 73 92 135 162 174 219 2,438 5,020 10,568
Total Noncurrent Assets		 117 0.35 0.00 0.00 7.80 17 22 30 572 971 1,139
Other Noncurrent Operating Assets		 117 0.35 - 0.00 7.80 17 22 30 182 654 716
Other Noncurrent Nonoperating Assets		 - - - - - - - 0.00 390 318 423
Total Liabilities & Shareholders' Equity		 118 76 116 169 221 202 222 312 3,324 6,404 12,426
Total Liabilities		 4.34 7.68 13 20 34 29 34 56 2,583 4,660 10,125
Total Current Liabilities		 0.02 4.93 8.40 12 22 5.14 8.23 25 552 595 1,336
Accounts Payable		 0.02 1.17 0.73 0.72 12 0.21 0.28 1.08 243 245 444
Accrued Expenses		 - 3.77 5.86 8.35 8.75 1.03 5.97 23 306 348 888
Other Current Liabilities		 - - - 0.00 0.70 3.72 1.97 1.09 3.14 2.88 3.88
Total Noncurrent Liabilities		 4.33 2.75 4.60 7.44 12 24 26 30 2,031 4,065 8,789
Long-Term Debt		 0.00 - - - - - - 0.00 1,816 3,920 8,511
Other Noncurrent Operating Liabilities		 4.33 - 0.00 7.44 12 24 26 30 215 144 278
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 5.43 68 103 83 90 60 20 54 740 1,744 2,301
Total Preferred & Common Equity		 5.43 68 103 83 90 60 20 54 288 378 95
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 5.43 68 103 83 90 60 20 54 288 378 95
Common Stock		 5.69 88 159 181 224 209 191 289 694 852 893
Retained Earnings		 -0.26 -20 -56 -98 -134 -148 -170 -230 -392 -454 -760
Treasury Stock		 - - 0.00 -0.04 -0.69 -1.03 -1.32 -4.59 -14 -21 -38
Noncontrolling Interest		 - - - - - - - 0.00 453 1,367 2,206

Quarterly Balance Sheets for NextDecade

This table presents NextDecade's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 321 328 353 2,898 4,176 4,757 5,124 6,894 7,865 10,009 13,232
Total Current Assets		 111 53 53 469 284 224 271 405 477 765 488
Cash & Equivalents		 109 51 40 51 46 38 38 131 159 209 143
Restricted Cash		 - - - 395 206 165 228 255 299 535 322
Prepaid Expenses		 1.31 1.57 13 2.27 3.19 2.10 1.32 4.37 6.70 10 9.26
Other Current Assets		 - - - 21 29 19 4.25 14 13 9.68 13
Plant, Property, & Equipment, net		 183 244 266 1,714 3,158 3,734 4,329 5,703 6,589 8,470 11,664
Total Noncurrent Assets		 27 31 33 715 734 799 523 786 799 774 1,080
Other Noncurrent Operating Assets		 27 31 33 314 362 441 183 493 538 529 687
Other Noncurrent Nonoperating Assets		 - - - 402 371 358 340 293 261 245 393
Total Liabilities & Shareholders' Equity		 321 328 353 2,898 4,176 4,757 5,124 6,894 7,865 10,009 13,232
Total Liabilities		 48 62 157 2,081 3,045 3,478 4,078 5,170 5,999 8,032 10,872
Total Current Liabilities		 17 35 45 551 506 500 558 476 684 1,194 1,214
Accounts Payable		 4.89 1.85 13 327 175 132 224 257 312 429 298
Accrued Expenses		 11 29 20 213 322 365 331 216 369 762 915
Other Current Liabilities		 0.97 4.38 13 11 8.27 2.85 2.89 2.85 3.00 3.30 1.29
Total Noncurrent Liabilities		 31 27 111 1,530 2,539 2,979 3,520 4,693 5,315 6,838 9,657
Long-Term Debt		 - - - 1,382 2,394 2,834 3,315 4,549 5,171 6,609 9,355
Other Noncurrent Operating Liabilities		 31 27 111 148 145 145 205 144 145 229 302
Commitments & Contingencies		 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 76 57 -20 818 1,131 1,279 1,046 1,724 1,866 1,976 2,360
Total Preferred & Common Equity		 76 57 -20 477 520 633 670 302 260 154 -31
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 76 57 -20 477 520 633 670 302 260 154 -31
Common Stock		 292 319 363 754 898 1,043 1,210 866 885 904 904
Retained Earnings		 -211 -257 -378 -263 -363 -396 -519 -542 -603 -713 -896
Treasury Stock		 -4.13 -4.63 -4.66 -14 -14 -14 -21 -21 -21 -36 -38
Noncontrolling Interest		 - - - 341 611 646 376 1,421 1,605 1,822 2,391

Annual Metrics And Ratios for NextDecade

This table displays calculated financial ratios and metrics derived from NextDecade's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 264,801,408.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 264,801,408.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - -1.16
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 -5.44 -5.95 -25 -30 -25 -15 -14 -38 -86 -171 -158
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - -3.36% -3.02% -1.46%
Earnings before Interest and Taxes (EBIT)		 -7.79 -8.52 -36 -43 -38 -15 -22 -60 -162 414 -229
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -7.71 -8.42 -36 -43 -36 -12 -20 -59 -117 486 -137
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 57 -37 -42 -60 -56 -26 -69 -1,764 -3,253 -4,886
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 113 51 62 74 110 150 163 194 1,873 4,954 9,682
Increase / (Decrease) in Invested Capital		 0.00 -63 12 12 36 40 13 31 1,679 3,082 4,728
Book Value per Share		 $0.36 $4.51 $0.97 $0.76 $0.74 $0.50 $0.16 $0.38 $1.12 $1.45 $0.36
Tangible Book Value per Share		 $0.36 $4.51 $0.97 $0.76 $0.74 $0.50 $0.16 $0.38 $1.12 $1.45 $0.36
Total Capital		 113 68 103 149 188 173 188 257 2,557 5,665 10,812
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,816 3,920 8,511
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,816 3,920 8,511
Net Debt		 -0.32 -18 -41 -76 -78 -23 -26 -63 1,522 3,528 7,804
Capital Expenditures (CapEx)		 33 19 15 19 20 32 12 34 1,738 2,568 4,847
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 0.03 -3.26 -6.30 -11 -21 -4.47 -7.39 -24 -532 -575 -1,325
Debt-free Net Working Capital (DFNWC)		 0.35 14 34 65 57 18 18 39 -238 -183 -618
Net Working Capital (NWC)		 0.35 14 34 65 57 18 18 39 -238 -183 -618
Net Nonoperating Expense (NNE)		 2.32 2.49 10 12 11 -1.08 8.38 22 136 -449 271
Net Nonoperating Obligations (NNO)		 -0.32 -18 -41 -76 -78 -23 -26 -63 1,132 3,210 7,381
Total Depreciation and Amortization (D&A)		 0.08 0.10 0.11 0.17 1.33 2.79 2.15 1.27 45 72 93
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $0.00 ($0.45) ($0.24) ($0.34) ($0.65) ($0.94) ($0.24) ($1.17)
Adjusted Weighted Average Basic Shares Outstanding		 55.23M 95.68M 106.40M 109.85M 120.84M 122.17M 123.36M 130.14M 194.60M 258.54M 262.16M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 ($0.45) ($0.24) ($0.34) $0.00 ($0.94) ($0.24) ($1.17)
Adjusted Weighted Average Diluted Shares Outstanding		 55.23M 95.68M 106.40M 109.85M 120.84M 122.17M 123.36M 150.57M 194.60M 258.54M 262.16M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 ($0.45) ($0.24) ($0.34) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 55.23M 95.68M 100.93M 106.56K 109.06M 117.52M 119.20M 150.57M 256.71M 260.44M 264.93M
Normalized Net Operating Profit after Tax (NOPAT)		 -5.44 -5.60 -25 -30 -25 -15 -14 -38 -86 -120 -158
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for NextDecade

This table displays calculated financial ratios and metrics derived from NextDecade's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - 264,801,408.00 264,930,065.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 264,801,408.00 264,930,065.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - -0.18 -0.51
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBITDA Growth		 1,393.50% -7,556.00% 983.54% 172.54% -249.70% 347.05% -183.96% -112.84% 65.19% - 56.59%
EBIT Growth		 1,240.50% -7,481.03% 908.90% 156.92% -275.94% 319.54% -199.24% -147.67% 61.26% - 46.89%
NOPAT Growth		 -218.19% -2,184.76% -100.86% -104.81% 3.98% -96.72% 4.66% 0.37% -46.40% - -6.16%
Net Income Growth		 1,067.41% -8,385.84% 782.98% 101.92% -316.16% 288.18% -231.30% -3,165.63% 53.00% - 20.47%
EPS Growth		 352.63% 0.00% 147.83% 84.52% -197.92% 171.43% -409.09% -76.92% 10.64% - -50.00%
Operating Cash Flow Growth		 -8.94% -73.28% -24.33% 133.23% -458.91% 57.59% -138.77% -165.07% -19.07% - -61.04%
Free Cash Flow Firm Growth		 -7,468.00% -5,531.54% -1,601.18% -42,997.73% -99.00% -83.77% 7.16% 18.30% -59.71% - -94.19%
Invested Capital Growth		 728.94% 865.11% 0.00% 2,174.20% 177.72% 164.57% 92.81% 77.90% 102.33% - 94.04%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBITDA Q/Q Growth		 300.14% -187.61% 215.16% -63.58% -513.03% 244.58% -138.37% 94.39% -1,019.38% - -143.78%
EBIT Q/Q Growth		 278.22% -206.62% 198.00% -69.05% -650.88% 233.04% -143.45% 85.03% -347.70% - -169.21%
NOPAT Q/Q Growth		 -85.64% 37.20% -69.39% -3.72% 12.96% -28.65% 17.91% -8.38% -27.89% - 15.73%
Net Income Q/Q Growth		 251.17% -240.70% 173.00% -98.77% -17,160.55% 222.48% -150.94% 71.20% -161.58% - -374.79%
EPS Q/Q Growth		 157.14% -172.92% 131.43% -218.18% -261.54% 153.19% -236.00% 32.35% -82.61% - -183.33%
Operating Cash Flow Q/Q Growth		 36.61% -83.78% -37.31% 120.77% -1,166.38% 86.06% -673.07% 94.34% -1,851.21% - -436.57%
Free Cash Flow Firm Q/Q Growth		 -15,265.70% -38.90% -72.84% -16.84% 29.05% -28.27% 12.68% -2.81% -38.70% - -11.04%
Invested Capital Q/Q Growth		 765.68% 38.51% 54.97% 22.39% 5.72% 31.95% 12.93% 12.93% 20.23% - 12.14%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBITDA Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
EBIT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Profit (Net Income) Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Interest Burden Percent		 84.82% 111.94% 84.43% 3.37% 104.22% 95.94% 112.48% 216.40% 126.44% - 168.44%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Equity (ROE)		 5.72% -44.45% -0.66% 15.60% -49.36% 22.33% -10.83% -14.47% -1.27% - -18.58%
Cash Return on Invested Capital (CROIC)		 -168.69% -170.76% -206.45% -191.01% -98.46% -95.29% -66.44% -58.93% -70.46% - -65.92%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Common Equity (ROCE)		 2.91% -15.26% -0.31% 6.49% -30.38% 5.98% -3.12% -4.11% -0.35% - -1.24%
Return on Equity Simple (ROE_SIMPLE)		 6.54% 0.00% -1.45% 18.18% -68.66% 0.00% -51.10% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)		 -36 -23 -38 -40 -34 -44 -36 -39 -50 -46 -39
NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Net Nonoperating Expense Percent (NNEP)		 -102.42% 43.64% -25.40% -3.75% 22.12% -24.22% 7.40% 0.93% 3.23% - 2.53%
Return On Investment Capital (ROIC_SIMPLE)		 - -0.88% - - - -0.78% -0.58% -0.56% -0.59% -0.42% -0.33%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings before Interest and Taxes (EBIT)		 214 -229 221 68 -377 502 -218 -33 -146 167 -116
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 240 -210 239 87 -359 520 -199 -11 -125 199 -87
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 2.59 4.25 2.80 3.24 1.82 5.31 6.70 8.92 11.52 - 0.00
Price to Tangible Book Value (P/TBV)		 2.59 4.25 2.80 3.24 1.82 5.31 6.70 8.92 11.52 - 0.00
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.86 1.71 1.45 1.50 1.24 1.39 1.36 1.37 1.25 - 1.23
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 27.81 0.00 27.95 14.89 0.00 14.19 154.01 0.00 51.01 - 0.00
Enterprise Value to EBIT (EV/EBIT)		 39.43 0.00 47.53 19.20 0.00 16.66 0.00 0.00 88.86 - 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.69 2.45 2.12 2.22 3.17 2.25 2.64 2.77 3.34 - 3.96
Long-Term Debt to Equity		 1.69 2.45 2.12 2.22 3.17 2.25 2.64 2.77 3.34 - 3.96
Financial Leverage		 0.39 1.07 1.57 1.51 1.74 1.75 1.98 2.14 2.76 - 3.03
Leverage Ratio		 2.95 3.65 3.69 3.46 4.31 3.91 3.88 4.01 5.01 - 4.93
Compound Leverage Factor		 2.51 4.08 3.12 0.12 4.49 3.76 4.36 8.69 6.33 - 8.30
Debt to Total Capital		 62.83% 71.04% 67.91% 68.91% 76.02% 69.21% 72.52% 73.49% 76.98% - 79.85%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital		 62.83% 71.04% 67.91% 68.91% 76.02% 69.21% 72.52% 73.49% 76.98% - 79.85%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital		 15.49% 17.70% 17.33% 15.70% 8.62% 24.13% 22.65% 22.81% 21.22% - 20.41%
Common Equity to Total Capital		 21.69% 11.26% 14.76% 15.39% 15.36% 6.67% 4.82% 3.70% 1.80% - -0.26%
Debt to EBITDA		 15.29 -15.49 15.89 7.92 -13.70 8.06 92.06 -105.95 35.62 - -399.13
Net Debt to EBITDA		 10.36 -12.98 14.22 7.36 -12.60 7.25 84.25 -96.58 31.61 - -379.29
Long-Term Debt to EBITDA		 15.29 -15.49 15.89 7.92 -13.70 8.06 92.06 -105.95 35.62 - -399.13
Debt to NOPAT		 -15.53 -21.15 -25.58 -19.46 -29.79 -22.92 -35.15 -36.64 -42.07 - -58.33
Net Debt to NOPAT		 -10.52 -17.72 -22.89 -18.06 -27.41 -20.62 -32.17 -33.40 -37.33 - -55.43
Long-Term Debt to NOPAT		 -15.53 -21.15 -25.58 -19.46 -29.79 -22.92 -35.15 -36.64 -42.07 - -58.33
Altman Z-Score		 0.44 -0.19 0.28 0.21 -0.27 0.38 0.01 0.08 -0.07 - -0.08
Noncontrolling Interest Sharing Ratio		 49.23% 65.68% 54.02% 58.42% 38.46% 73.21% 71.18% 71.59% 72.73% - 93.35%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.85 0.57 0.56 0.45 0.49 0.69 0.85 0.70 0.64 - 0.40
Quick Ratio		 0.09 0.07 0.09 0.08 0.07 0.25 0.28 0.23 0.18 - 0.12
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1,225 -1,701 -2,940 -3,435 -2,437 -3,126 -2,730 -2,806 -3,892 -4,773 -5,300
Operating Cash Flow to CapEx		 -1.21% -2.83% -3.72% 1.01% -12.63% -1.28% -8.94% -0.53% -5.60% - -9.42%
Free Cash Flow to Firm to Interest Expense		 -37.64 -62.35 -89.31 -51.92 -153.23 -142.96 -100.33 -73.86 -100.75 - -66.88
Operating Cash Flow to Interest Expense		 -0.35 -0.77 -0.88 0.09 -4.01 -0.41 -2.53 -0.10 -1.97 - -1.40
Operating Cash Flow Less CapEx to Interest Expense		 -29.35 -27.94 -24.41 -8.88 -35.78 -32.17 -30.83 -19.36 -37.11 - -16.25
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,352 1,873 2,902 3,552 3,755 4,954 5,595 6,318 7,597 9,682 10,857
Invested Capital Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Increase / (Decrease) in Invested Capital		 1,189 1,679 2,902 3,395 2,403 3,082 2,693 2,767 3,842 4,728 5,262
Enterprise Value (EV)		 2,513 3,198 4,211 5,325 4,647 6,901 7,610 8,643 9,466 - 13,310
Market Capitalization		 1,236 1,224 1,458 2,048 1,222 2,007 2,026 2,324 1,779 - 2,029
Book Value per Share		 $1.98 $1.12 $2.03 $2.45 $2.58 $1.45 $1.16 $1.00 $0.59 $0.36 ($0.12)
Tangible Book Value per Share		 $1.98 $1.12 $2.03 $2.45 $2.58 $1.45 $1.16 $1.00 $0.59 $0.36 ($0.12)
Total Capital		 2,199 2,557 3,525 4,113 4,361 5,665 6,273 7,036 8,586 10,812 11,715
Total Debt		 1,382 1,816 2,394 2,834 3,315 3,920 4,549 5,171 6,609 8,511 9,355
Total Long-Term Debt		 1,382 1,816 2,394 2,834 3,315 3,920 4,549 5,171 6,609 8,511 9,355
Net Debt		 936 1,522 2,142 2,631 3,049 3,528 4,163 4,714 5,865 7,804 8,890
Capital Expenditures (CapEx)		 944 741 775 593 505 695 770 732 1,358 1,987 1,177
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -527 -532 -473 -479 -553 -575 -457 -664 -1,174 -1,325 -1,192
Debt-free Net Working Capital (DFNWC)		 -81 -238 -222 -276 -287 -183 -71 -207 -429 -618 -727
Net Working Capital (NWC)		 -81 -238 -222 -276 -287 -183 -71 -207 -429 -618 -727
Net Nonoperating Expense (NNE)		 -218 233 -225 -42 359 -526 209 31 134 -117 156
Net Nonoperating Obligations (NNO)		 534 1,132 1,771 2,273 2,709 3,210 3,872 4,453 5,620 7,381 8,497
Total Depreciation and Amortization (D&A)		 26 18 18 19 18 18 19 21 21 32 29
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Debt-free Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Net Working Capital to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.48 ($0.35) $0.11 ($0.13) ($0.47) $0.25 ($0.34) ($0.23) ($0.42) ($0.18) ($0.51)
Adjusted Weighted Average Basic Shares Outstanding		 222.47M 194.60M 256.71M 257.84M 259.38M 258.54M 260.41M 260.88M 262.58M 262.16M 264.91M
Adjusted Diluted Earnings per Share		 $0.48 ($0.35) $0.11 ($0.13) ($0.47) $0.25 ($0.34) ($0.23) ($0.42) ($0.18) ($0.51)
Adjusted Weighted Average Diluted Shares Outstanding		 226.34M 194.60M 266.89M 257.84M 259.38M 258.54M 260.41M 260.88M 262.58M 262.16M 264.91M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 256.58M 256.71M 257.99M 259.47M 260.29M 260.44M 260.87M 261.99M 264.80M 264.93M 264.99M
Normalized Net Operating Profit after Tax (NOPAT)		 -25 -23 -27 -28 -34 -31 -36 -39 -50 -32 -39
Normalized NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Pre Tax Income Margin		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 6.59 -8.38 6.72 1.03 -23.71 22.95 -8.01 -0.86 -3.78 - -1.46
NOPAT to Interest Expense		 -1.10 -0.82 -1.16 -0.60 -2.16 -2.02 -1.34 -1.04 -1.30 - -0.49
EBIT Less CapEx to Interest Expense		 -22.41 -35.55 -16.81 -7.93 -55.48 -8.82 -36.32 -20.12 -38.93 - -16.31
NOPAT Less CapEx to Interest Expense		 -30.10 -27.99 -24.69 -9.56 -33.93 -33.79 -29.64 -20.29 -36.45 - -15.34
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.29% -0.02% -0.53% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Augmented Payout Ratio		 1,619.17% -227.37% -6,970.07% 469.74% -13.60% 28.66% -50.31% -33.02% -587.74% - -87.56%

Financials Breakdown Chart

Key Financial Trends

NextDecade (NASDAQ: NEXT) continues to look like a pre-revenue, capital-intensive development story with a very strong balance sheet runway, but also very large ongoing losses and heavy reliance on external funding.

Over the last several years, the company has not generated operating revenue in the data provided, so the financial story is mainly about project build-out, financing, and liquidity management rather than margin or sales growth. The most recent quarter, Q1 2026, showed a sharp increase in assets tied to construction, but also a meaningful increase in debt and continued losses.

  • Cash and equivalents were $143.1 million in Q1 2026, and restricted cash added another $321.9 million, giving the company substantial liquidity on the surface.
  • Total assets increased to $13.23 billion in Q1 2026, up materially from $10.01 billion in Q3 2025 and $6.89 billion in Q1 2025, reflecting aggressive project investment.
  • Plant, property and equipment rose to $11.66 billion in Q1 2026 from $8.47 billion in Q3 2025 and $5.70 billion in Q1 2025, showing continued progress on asset build-out.
  • Net cash from financing activities was strongly positive in Q1 2026 at $1.05 billion, driven by $817.0 million of debt issuance and $248.7 million of common equity issuance.
  • The company also maintained a large noncontrolling interest balance of $2.39 billion, which indicates major project-level capital backing.
  • Quarterly operating expenses remained relatively stable in the $45 million to $72 million range over the past year, suggesting the corporate cost base has not exploded despite the scale of the project.
  • Share count has steadily increased over time, with weighted average basic shares rising from about 260.4 million in Q1 2025 to 264.9 million in Q1 2026.
  • The company had no reported revenue in all periods provided, so valuation depends heavily on future project completion and commercialization.
  • Q1 2026 net loss attributable to common shareholders was $136.4 million, worsening from a $47.3 million loss in Q4 2025 and a $109.5 million loss in Q3 2025.
  • Long-term debt climbed to $9.36 billion in Q1 2026 from $6.61 billion in Q3 2025 and $4.55 billion in Q1 2025, increasing financial risk and interest burden.
  • Interest expense reached $79.2 million in Q1 2026, up from $38.6 million in Q3 2025 and well above earlier periods, showing the cost of leverage is rising.
  • Operating cash flow was negative $110.8 million in Q1 2026, and free cash burn remained heavy because capital expenditures were $1.18 billion for the quarter.
  • The balance sheet remains thin at the common equity level: total common equity was negative $30.7 million in Q1 2026, although this is offset by noncontrolling interests in total equity.
  • Since Q1 2024, NextDecade has consistently posted negative operating income and negative operating cash flow, underscoring that the business is still in development mode rather than cash-generating mode.

Bottom line: NextDecade’s financial statements show a company that is still building a very large LNG-related asset base and funding it with debt and equity. The upside is that liquidity appears supported for now and construction-related assets are growing quickly. The downside is that leverage, interest expense, and cash burn are all rising, while revenue is still absent. For retail investors, this remains a high-risk, high-execution story tied to future project completion and commercialization rather than current earnings power.

06/09/26 04:38 PM ETAI Generated. May Contain Errors.

NextDecade Financials - Frequently Asked Questions

According to the most recent income statement we have on file, NextDecade's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

NextDecade's net income appears to be on an upward trend, with a most recent value of -$429.64 million in 2025, rising from -$7.76 million in 2015. The previous period was $277.45 million in 2024. See NextDecade's forecast for analyst expectations on what's next for the company.

NextDecade's total operating income in 2025 was -$225.93 million, based on the following breakdown:
  • Total Gross Profit: $0.00
  • Total Operating Expenses: $225.93 million

Over the last 10 years, NextDecade's total revenue changed from $0.00 in 2015 to $0.00 in 2025, a change of 0.0%.

NextDecade's total liabilities were at $10.12 billion at the end of 2025, a 117.3% increase from 2024, and a 233,067.6% increase since 2015.

In the past 10 years, NextDecade's cash and equivalents has ranged from $324.99 thousand in 2015 to $148.14 million in 2024, and is currently $143.78 million as of their latest financial filing in 2025.

Over the last 10 years, NextDecade's book value per share changed from 0.36 in 2015 to 0.36 in 2025, a change of 0.1%.


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Financial statements for NASDAQ:NEXT last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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