NextDecade (NEXT) Capital Expenditures (2016 - 2026)

NextDecade's (NEXT) quarterly Capital Expenditures came in at $1.2 billion in Q1 2026, up 52.82% year-on-year from $770.0 million in Q1 2025, and down 40.8% quarter-over-quarter from $2.0 billion in Q4 2025.

NextDecade (NEXT) Capital Expenditures (2016 - 2026) Analysis & Trends

NextDecade has disclosed Capital Expenditures across 11 years of filings, most recently posting $1.2 billion for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $1.2 billion, up 52.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.3 billion (up 104.96% YoY), and the FY2025 annual result was $4.8 billion, up 88.75% from the prior year.
  • Capital Expenditures came in at $1.2 billion for Q1 2026 at NextDecade, down from $2.0 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $2.0 billion in Q4 2025 to a low of $1.3 million in Q2 2022.
  • The 5-year median for Capital Expenditures is $694.6 million (2024), against an average of $609.6 million.
  • Across the five-year window, Capital Expenditures tumbled 58.41% in 2022 and surged 30623.35% in 2023, its largest moves.
  • NextDecade's Capital Expenditures stood at $28.1 million in 2022, then soared by 2539.49% to $741.2 million in 2023, then declined by 6.28% to $694.6 million in 2024, then jumped by 186.13% to $2.0 billion in 2025, then slumped by 40.8% to $1.2 billion in 2026.
  • The last three Capital Expenditures figures came in at $1.2 billion (Q1 2026), $2.0 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 343.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 336.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 192.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 55.60 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 65.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 54.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 113.48 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 15.50 Mn
10 NextDecade 2.26 Bn 4.19 Bn - 1.18 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.18 Bn
Mar 31, 2026 1.18 Bn
Dec 31, 2025 1.99 Bn
Dec 31, 2025 1.99 Bn
Sep 30, 2025 1.36 Bn
Sep 30, 2025 1.36 Bn
Jun 30, 2025 731.62 Mn
Jun 30, 2025 731.62 Mn
Mar 31, 2025 769.97 Mn
Mar 31, 2025 769.97 Mn
Dec 31, 2024 694.61 Mn
Dec 31, 2024 694.61 Mn
Sep 30, 2024 505.31 Mn
Sep 30, 2024 505.31 Mn
Jun 30, 2024 593.27 Mn
Jun 30, 2024 593.27 Mn
Mar 31, 2024 774.62 Mn
Mar 31, 2024 774.62 Mn
Dec 31, 2023 741.17 Mn
Dec 31, 2023 741.17 Mn