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| Date | Value |
|---|---|
| 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 |