NextDecade (NEXT) EBITDA (2015 - 2026)
NextDecade (NEXT) posted EBITDA of -$54.6 million for Q2 2026, up 0.99% sequentially from -$55.1 million in Q1 2026, and up 3.01% YoY from -$53.0 million in Q2 2025.
NextDecade (NEXT) EBITDA (2015 - 2026) Analysis & Trends
NextDecade has reported EBITDA for 12 years, with the latest figure at -$54.6 million in Q2 2026.
- Quarterly EBITDA rose 3.01% year-over-year to -$54.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$227.4 million (down 12.81% YoY) and the FY2025 annual result came in at -$225.9 million, down 32.07% from the prior year.
- EBITDA climbed to -$54.6 million in Q2 2026 per NEXT's latest filing, from -$55.1 million in the prior quarter.
- Over five years, EBITDA peaked at -$5.1 million in Q1 2022 and troughed at -$72.0 million in Q3 2025.
- A 5-year average of -$38.0 million and a median of -$38.8 million in 2024 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2026: EBITDA tumbled 428.05% in 2023, then gained 3.01% in 2026.
- Over 5 years, EBITDA stood at -$20.4 million in 2022, then slumped by 57.31% to -$32.1 million in 2023, then slumped by 37.71% to -$44.3 million in 2024, then declined by 3.42% to -$45.8 million in 2025, then slipped by 19.19% to -$54.6 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$54.6 million, -$55.1 million, and -$45.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.62 Bn | 75.55 Bn | 4.63 Bn | 4.31 Bn |
| 2 | Baker Hughes | 62.67 Bn | 46.94 Bn | 1.58 Bn | 859.00 Mn |
| 3 | Tenaris | 53.29 Bn | 44.26 Bn | 984.66 | 484,107.00 Bn |
| 4 | TechnipFMC | 30.87 Bn | 29.62 Bn | 1.40 Bn | -879.60 Mn |
| 5 | Halliburton | 29.51 Bn | 27.46 Bn | 2.10 Bn | 778.00 Mn |
| 6 | Nov | 7.30 Bn | 6.13 Bn | 521.00 Mn | 262.00 Mn |
| 7 | Weatherford International | 6.55 Bn | 5.41 Bn | 662.00 Mn | 107.00 Mn |
| 8 | Kodiak Gas Services | 5.69 Bn | 5.55 Bn | 246.76 Mn | 197.14 Mn |
| 9 | Archrock | 5.54 Bn | 5.53 Bn | 244.51 Mn | 204.54 Mn |
| 10 | NextDecade | 1.90 Bn | 1.40 Bn | - | -54.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -54.57 Mn |
| Mar 31, 2026 | -55.12 Mn |
| Dec 31, 2025 | -45.78 Mn |
| Sep 30, 2025 | -71.96 Mn |
| Jun 30, 2025 | -56.27 Mn |
| Mar 31, 2025 | -51.92 Mn |
| Dec 31, 2024 | -44.27 Mn |
| Sep 30, 2024 | -49.16 Mn |
| Jun 30, 2024 | -39.53 Mn |
| Mar 31, 2024 | -38.12 Mn |
| Dec 31, 2023 | -32.15 Mn |
| Sep 30, 2023 | -35.84 Mn |
| Jun 30, 2023 | -27.58 Mn |
| Mar 31, 2023 | -27.11 Mn |
| Dec 31, 2022 | -20.44 Mn |
| Sep 30, 2022 | -16.09 Mn |
| Jun 30, 2022 | -12.82 Mn |
| Mar 31, 2022 | -5.13 Mn |
| Dec 31, 2021 | -7.85 Mn |
| Sep 30, 2021 | -3.22 Mn |