NextDecade (NEXT) Cost of Revenue (2018 - 2023)

NextDecade (NEXT) reported Cost of Revenue of $2.6 million for Q3 2023, up 763.55% on a YoY basis from $299000.0 in Q3 2022, and up 694.46% sequentially from $325000.0 in Q2 2023.

NextDecade (NEXT) Cost of Revenue (2018 - 2023) Analysis & Trends

NextDecade (NEXT) has 6 years of Cost of Revenue data on file, last reported at $2.6 million in Q3 2023.

  • For the quarter ending Q3 2023, Cost of Revenue rose 763.55% year-over-year to $2.6 million; the trailing twelve-month figure through Sep 2023 stood at $3.6 million (up 243.48% YoY), and the FY2022 full-year result was $1.1 million, up 23.65% from the prior year.
  • Cost of Revenue grew to $2.6 million in Q3 2023, from $325000.0 in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.6 million in Q3 2023 to a low of $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.
  • Across the five-year window, Cost of Revenue sank 50.36% in 2021 and soared 763.55% in 2023, its largest moves.
  • Tracing NEXT's Cost of Revenue over 5 years: stood at $289000.0 in 2019, then rose by 11.42% to $322000.0 in 2020, then fell 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.
  • Business Quant data shows NEXT's Cost of Revenue at $2.6 million in Q3 2023, $325000.0 in Q2 2023, and $337000.0 in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 3.34 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 2.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 855.20 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 3.37 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 1.67 Bn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 329.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 126.34 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 565.16 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 122.88 Mn
10 NextDecade 1.87 Bn 1.41 Bn - -

Historic Data

Download Data
DateValue
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