NextDecade (NEXT) Capital Expenditures (2016 - 2026)
NextDecade (NEXT) reported Capital Expenditures of $1.2 billion for Q1 2026, up 52.82% on a YoY basis from $770.0 million in Q1 2025, and down 40.8% sequentially from $2.0 billion in Q4 2025.
NextDecade (NEXT) Capital Expenditures (2016 - 2026) Analysis & Trends
NextDecade (NEXT) has 11 years of Capital Expenditures data on file, last reported at $1.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures rose 52.82% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $5.3 billion (up 104.96% YoY), and the FY2025 full-year result was $4.8 billion, up 88.75% from the prior year.
- Capital Expenditures declined to $1.2 billion in Q1 2026, 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.
- A 5-year average of $609.6 million and a median of $694.6 million in 2024 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures sank 58.41% in 2022 and surged 30623.35% in 2023, its largest moves.
- Tracing NEXT's Capital Expenditures over 5 years: stood at $28.1 million in 2022, then surged by 2539.49% to $741.2 million in 2023, then dropped by 6.28% to $694.6 million in 2024, then soared by 186.13% to $2.0 billion in 2025, then tumbled by 40.8% to $1.2 billion in 2026.
- Business Quant data shows NEXT's Capital Expenditures at $1.2 billion in Q1 2026, $2.0 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 70.54 Bn | 68.33 Bn | 5.38 Bn | -3.00 Mn |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | -114.48 Mn |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 55.60 Mn |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 235.00 Mn |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | 65.00 Mn |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 113.48 Mn |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | 118.37 Mn |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 23.18 Mn |
| 10 | NextDecade | 2.11 Bn | 4.03 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 |