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Nextdecade Corp (NEXT) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

ENERGY · OIL & GAS EQUIPMENT & SERVICES · DATA UPDATED 2026-09-12

Nextdecade Corp (NEXT) operates in the OIL & GAS EQUIPMENT & SERVICES industry and is headquartered in Houston, United States with about 360 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, NEXT reported $0M in revenue and ($306M) in net income.

NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States.

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NEXT Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Total Revenue$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M
Gross Profit($17M)($12M)($13M)($6M)$0M$0M($2M)($2M)($1M)($1M)$0M$0M$0M
Gross Margin %-917857.1%
Operating Income (EBIT)($227M)($226M)($171M)($123M)($54M)($20M)($22M)($35M)($43M)($36M)($1M)$0M($3M)
Operating Margin %-11230612.2%
Net Income($359M)($306M)($62M)($162M)($60M)($22M)($14M)($36M)($42M)($35M)$0M$0M($3M)
Net Margin %-7310714.3%
EBITDA($350M)($328M)$306M($210M)($59M)($21M)($28M)($31M)($43M)($35M)($1M)$0M($2M)
Earnings Per Share (EPS)$-1.36$-1.17$-0.24$-0.83$-0.46$-0.18$-0.12$-0.33$-0.39$-0.35$-0.10$-0.06$-1.09
Shares Outstanding (M)265M262M259M195M130M119M118M109M107M4M4M3M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NEXT Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$0M$0M$0M$0M$0M$0M$8M$0M
Gross Profit($8M)($3M)($3M)($3M)($3M)($3M)($1M)($3M)
Gross Margin %-7.9%
Operating Income (EBIT)($55M)($55M)($46M)($72M)($56M)($52M)($44M)($49M)
Operating Margin %-569.0%
Net Income($65M)($136M)($47M)($109M)($61M)($89M)$66M($123M)
Net Margin %844.2%
EBITDA($132M)($144M)$69M($143M)($37M)($233M)$438M($375M)
Earnings Per Share (EPS)$-0.25$-0.51$-0.18$-0.42$-0.23$-0.34$0.25$-0.47
Shares Outstanding (M)265M265M262M263M261M260M260M259M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NEXT Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Cash from Operations (CFO)($224M)($169M)($96M)($74M)($40M)($18M)($26M)($41M)($23M)($13M)$0M$0M$0M
Capital Expenditures (CapEx)$6.0B$4.8B$2.6B$1.7B$34M$12M$32M$20M$19M$15M$19M$0M$0M
Free Cash Flow (FCF)($6.2B)($5.0B)($2.7B)($1.8B)($74M)($30M)($59M)($61M)($42M)($28M)($20M)$0M$0M
FCF Margin %-29900510.2%
Dividends Paid$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NEXT Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)($16M)($111M)($21M)($76M)($4M)($69M)($9M)($64M)
Capital Expenditures (CapEx)$1.2B$1.2B$2.3B$1.4B$732M$770M$695M$505M
Free Cash Flow (FCF)($1.2B)($1.3B)($2.3B)($1.4B)($736M)($839M)($704M)($569M)
FCF Margin %-9042.5%
Dividends Paid$9M$4M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NEXT Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Total Assets$15.2B$12.4B$6.4B$3.3B$312M$222M$202M$221M$169M$116M$118M$118M$0M
Cash & Cash Equivalents$84M$144M$148M$38M$63M$26M$23M$16M$3M$36M$0M$0M$0M
Total Liabilities$12.4B$10.1B$4.7B$2.6B$56M$34M$29M$34M$20M$13M$5M$4M$0M
Total Debt (Short + Long-Term)$10.0B$8.5B$3.9B$1.8B$1M$1M$0M$1M$0M$0M$0M$0M$0M
Total Shareholders' Equity($57M)$95M$378M$288M$257M$188M$173M$188M$149M$103M$113M$113M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive NEXT viewer.

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