NextDecade (NEXT) Cost of Revenue (2018 - 2023)
NextDecade (NEXT) posted Cost of Revenue of $2.58 million for Q3 2023, up 763.5% from $299,000 a year earlier and up 694.5% from the prior quarter.
Powered by 
Analysis
NextDecade (NEXT) Cost of Revenue (2018 - 2023) Analysis & Trends
For the trailing twelve months through Sep 30, 2023, Cost of Revenue at NextDecade was $3.56 million, up 243.5% year-over-year; for FY2022, it came in at $1.12 million, up 23.6% from FY2021.
- Annual Cost of Revenue shows a four-year compound annual growth rate of 0.5% (FY2018 to FY2022).
- In prior years, NextDecade's Cost of Revenue was $905,000 in FY2021 (-43.5%), $1.6 million in FY2020 (-21.4%), $2.04 million in FY2019 (+85.5%) and $1.1 million in FY2018.
- The Q3 2023 figure stands as the highest quarterly Cost of Revenue in data going back to Q3 2018.
- On a year-over-year basis, Cost of Revenue has increased in each of the last seven quarters, with growth averaging 111.6% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2023, with growth of 763.5%; the weakest was Q1 2021, with a decline of 50.4%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $325,000 (Q2 2023), $337,000 (Q1 2023) and $311,000 (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.12 Bn | 102.66 Bn | 4.84 Bn | 16.35 Bn |
| 2 | Williams Companies | 87.68 Bn | 86.39 Bn | 2.54 Bn | 515.00 Mn |
| 3 | Enterprise Products Partners | 80.07 Bn | 78.51 Bn | - | - |
| 4 | Kinder Morgan | 76.72 Bn | 76.81 Bn | 2.97 Bn | 1.57 Bn |
| 5 | Energy Transfer | 70.38 Bn | 63.82 Bn | 7.40 Bn | 26.94 Bn |
| 6 | Tc Energy | 64.93 Bn | 67.85 Bn | 2.81 Bn | 52.77 Mn |
| 7 | Targa Resources | 64.84 Bn | 64.46 Bn | 2.14 Bn | 2.30 Bn |
| 8 | Cheniere Energy | 61.75 Bn | 61.88 Bn | 5.29 Bn | 439.00 Mn |
| 9 | Oneok | 60.41 Bn | 58.90 Bn | 2.81 Bn | 9.24 Bn |
| 10 | NextDecade | 1.67 Bn | 3.96 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 2.58 Mn |
| Jun 30, 2023 | 325,000.00 |
| Mar 31, 2023 | 337,000.00 |
| Dec 31, 2022 | 311,000.00 |
| Sep 30, 2022 | 299,000.00 |
| Jun 30, 2022 | 290,000.00 |
| Mar 31, 2022 | 219,000.00 |
| Dec 31, 2021 | 227,000.00 |
| Sep 30, 2021 | 240,000.00 |
| Jun 30, 2021 | 234,000.00 |
| Mar 31, 2021 | 204,000.00 |
| Dec 31, 2020 | 322,000.00 |
| Sep 30, 2020 | 423,000.00 |
| Jun 30, 2020 | 447,000.00 |
| Mar 31, 2020 | 411,000.00 |
| Dec 31, 2019 | 289,000.00 |
| Sep 30, 2019 | 754,000.00 |
| Jun 30, 2019 | 451,000.00 |
| Mar 31, 2019 | 428,000.00 |
| Dec 31, 2018 | 302,000.00 |
API Access
NextDecade Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "NEXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();