Growth Metrics

NextDecade (NEXT) EBITDA (2016 - 2025)

NextDecade (NEXT) has disclosed EBITDA for 11 consecutive years, with -$45.4 million as the latest value for Q4 2025.

  • Quarterly EBITDA fell 4.0% to -$45.4 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$224.1 million through Dec 2025, down 32.52% year-over-year, with the annual reading at -$224.1 million for FY2025, 32.52% down from the prior year.
  • EBITDA hit -$45.4 million in Q4 2025 for NextDecade, up from -$71.6 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$1.6 million in Q1 2021 to a low of -$71.6 million in Q3 2025.
  • Historically, EBITDA has averaged -$29.5 million across 5 years, with a median of -$29.8 million in 2023.
  • Biggest five-year swings in EBITDA: soared 78.23% in 2021 and later plummeted 432.18% in 2023.
  • Year by year, EBITDA stood at -$7.8 million in 2021, then plummeted by 161.4% to -$20.4 million in 2022, then plummeted by 57.31% to -$32.1 million in 2023, then tumbled by 36.01% to -$43.7 million in 2024, then fell by 4.0% to -$45.4 million in 2025.
  • Business Quant data shows EBITDA for NEXT at -$45.4 million in Q4 2025, -$71.6 million in Q3 2025, and -$55.9 million in Q2 2025.