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| Date | Value |
|---|---|
| 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 |