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| 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 |