NextDecade (NEXT) EBITDA (2015 - 2026)

NextDecade's (NEXT) quarterly EBITDA came in at -$54.7 million in Q1 2026, down 6.69% year-on-year from -$58.7 million in Q1 2025, and down 20.57% quarter-over-quarter from -$45.4 million in Q4 2025.

NextDecade (NEXT) EBITDA (2015 - 2026) Analysis & Trends

NextDecade has disclosed EBITDA across 12 years of filings, most recently posting -$54.7 million for Q1 2026.

  • EBITDA for Q1 2026 came in at -$54.7 million, down 6.69% year-over-year; the trailing twelve-month figure through Mar 2026 was -$227.6 million (down 24.76% YoY), and the FY2025 annual result was -$224.1 million, down 32.52% from the prior year.
  • EBITDA came in at -$54.7 million for Q1 2026 at NextDecade, down from -$45.4 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$5.1 million in Q1 2022 to a low of -$71.6 million in Q3 2025.
  • The 5-year median for EBITDA is -$38.0 million (2024), against an average of -$36.8 million.
  • Across the five-year window, EBITDA slumped 432.18% in 2023 and fell 4.0% in 2025, its largest moves.
  • NextDecade's EBITDA stood at -$20.4 million in 2022, then plunged by 57.31% to -$32.1 million in 2023, then slumped by 36.01% to -$43.7 million in 2024, then dropped by 4.0% to -$45.4 million in 2025, then retreated by 20.57% to -$54.7 million in 2026.
  • The last three EBITDA figures came in at -$54.7 million (Q1 2026), -$45.4 million (Q4 2025), and -$71.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 4.41 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 782.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 679.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 361.80 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -9.32 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 47.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 123.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 201.60 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 171.11 Mn
10 NextDecade 2.26 Bn 4.19 Bn - -54.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -54.74 Mn
Dec 31, 2025 -45.40 Mn
Sep 30, 2025 -71.57 Mn
Jun 30, 2025 -55.88 Mn
Mar 31, 2025 -51.30 Mn
Dec 31, 2024 -43.65 Mn
Sep 30, 2024 -48.54 Mn
Jun 30, 2024 -38.91 Mn
Mar 31, 2024 -38.03 Mn
Dec 31, 2023 -32.10 Mn
Sep 30, 2023 -35.79 Mn
Jun 30, 2023 -27.54 Mn
Mar 31, 2023 -27.07 Mn
Dec 31, 2022 -20.40 Mn
Sep 30, 2022 -16.05 Mn
Jun 30, 2022 -12.78 Mn
Mar 31, 2022 -5.09 Mn
Dec 31, 2021 -7.81 Mn
Sep 30, 2021 -3.18 Mn
Jun 30, 2021 -6.77 Mn