NextDecade (NEXT) Cost of Revenue (2018 - 2023)
NextDecade (NEXT) posted Cost of Revenue of $2.6 million for Q3 2023, up 694.46% sequentially from $325000.0 in Q2 2023, and up 763.55% YoY from $299000.0 in Q3 2022.
NextDecade (NEXT) Cost of Revenue (2018 - 2023) Analysis & Trends
NextDecade has reported Cost of Revenue for 6 years, with the latest figure at $2.6 million in Q3 2023.
- Quarterly Cost of Revenue rose 763.55% year-over-year to $2.6 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $3.6 million (up 243.48% YoY) and the FY2022 annual result came in at $1.1 million, up 23.65% from the prior year.
- Cost of Revenue grew to $2.6 million in Q3 2023 per NEXT's latest filing, from $325000.0 in the prior quarter.
- Over five years, Cost of Revenue peaked at $2.6 million in Q3 2023 and troughed at $204000.0 in Q1 2021.
- A 5-year average of $462789.5 and a median of $322000.0 in 2020 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2021 and 2023: Cost of Revenue tumbled 50.36% in 2021, then surged 763.55% in 2023.
- Over 5 years, Cost of Revenue stood at $289000.0 in 2019, then climbed by 11.42% to $322000.0 in 2020, then slipped by 29.5% to $227000.0 in 2021, then jumped by 37.0% to $311000.0 in 2022, then surged by 730.23% to $2.6 million in 2023.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.6 million, $325000.0, and $337000.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | NextDecade | 1.87 Bn | 1.37 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 2.58 Mn |
| Sep 30, 2023 | 2.58 Mn |
| Jun 30, 2023 | 325,000.00 |
| Jun 30, 2023 | 325,000.00 |
| Mar 31, 2023 | 337,000.00 |
| Mar 31, 2023 | 337,000.00 |
| Dec 31, 2022 | 311,000.00 |
| Dec 31, 2022 | 311,000.00 |
| Sep 30, 2022 | 299,000.00 |
| Sep 30, 2022 | 299,000.00 |
| Jun 30, 2022 | 290,000.00 |
| Jun 30, 2022 | 290,000.00 |
| Mar 31, 2022 | 219,000.00 |
| Mar 31, 2022 | 219,000.00 |
| Dec 31, 2021 | 227,000.00 |
| Dec 31, 2021 | 227,000.00 |
| Sep 30, 2021 | 240,000.00 |
| Sep 30, 2021 | 240,000.00 |
| Jun 30, 2021 | 234,000.00 |
| Jun 30, 2021 | 234,000.00 |