NextDecade (NEXT) Cost of Revenue (2018 - 2023)
NextDecade's (NEXT) quarterly Cost of Revenue came in at $2.6 million in Q3 2023, up 763.55% year-over-year from $299000.0 in Q3 2022, and up 694.46% quarter-over-quarter from $325000.0 in Q2 2023.
Analysis
NextDecade (NEXT) Cost of Revenue (2018 - 2023) Analysis & Trends
NextDecade has disclosed Cost of Revenue across 6 years of filings, most recently posting $2.6 million for Q3 2023.
- In Q3 2023, Cost of Revenue rose 763.55% year-over-year to $2.6 million; the TTM figure through Sep 2023 stood at $3.6 million (up 243.48% YoY), while the FY2022 annual figure was $1.1 million, up 23.65% from the prior year.
- Cost of Revenue came in at $2.6 million for Q3 2023 at NextDecade, up 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.
- Average Cost of Revenue over 5 years is $462789.5, with a median of $322000.0 recorded in 2020.
- Year-over-year, Cost of Revenue slumped 50.36% in 2021 and jumped 763.55% in 2023.
- Over 5 years, Cost of Revenue stood at $289000.0 in 2019, then gained by 11.42% to $322000.0 in 2020, then retreated by 29.5% to $227000.0 in 2021, then surged by 37.0% to $311000.0 in 2022, then soared by 730.23% to $2.6 million in 2023.
- Per Business Quant data, the three most recent Cost of Revenue figures were $2.6 million in Q3 2023, $325000.0 in Q2 2023, and $337000.0 in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 55.40 Bn | 59.44 Bn | 5.29 Bn | 439.00 Mn |
| 2 | Venture Global | 34.97 Bn | 35.26 Bn | 2.92 Bn | 1.66 Bn |
| 3 | Cheniere Energy Partners | 31.41 Bn | 30.97 Bn | 1.82 Bn | 765.00 Mn |
| 4 | Golar Lng | 5.25 Bn | 2.54 Bn | 88.31 Mn | 42.17 Mn |
| 5 | Excelerate Energy | 4.22 Bn | 5.44 Bn | 273.19 Mn | 56.08 Mn |
| 6 | NextDecade | 1.82 Bn | 4.20 Bn | - | - |
| 7 | Stabilis Solutions | 104.14 Mn | 89.82 Mn | 2.35 Mn | 9.57 Mn |
| 8 | New Fortress Energy | 69.80 Mn | -309.13 Mn | 102.12 Mn | 210.38 Mn |
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 |