NextDecade (NEXT) EBITDA (2015 - 2026)
NextDecade (NEXT) reported EBITDA of -$55.1 million for Q1 2026, down 6.16% on a YoY basis from -$58.7 million in Q1 2025, and down 20.38% sequentially from -$45.8 million in Q4 2025.
NextDecade (NEXT) EBITDA (2015 - 2026) Analysis & Trends
NextDecade (NEXT) has 12 years of EBITDA data on file, last reported at -$55.1 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 6.16% year-over-year to -$55.1 million; the trailing twelve-month figure through Mar 2026 stood at -$229.1 million (down 23.94% YoY), and the FY2025 full-year result was -$225.9 million, down 32.07% from the prior year.
- EBITDA fell to -$55.1 million in Q1 2026, from -$45.8 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 -$72.0 million in Q3 2025.
- A 5-year average of -$37.0 million and a median of -$38.1 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA sank 428.05% in 2023 and retreated 3.42% in 2025, its largest moves.
- Tracing NEXT's EBITDA over 5 years: stood at -$20.4 million in 2022, then tumbled by 57.31% to -$32.1 million in 2023, then tumbled by 37.71% to -$44.3 million in 2024, then decreased by 3.42% to -$45.8 million in 2025, then fell by 20.38% to -$55.1 million in 2026.
- Business Quant data shows NEXT's EBITDA at -$55.1 million in Q1 2026, -$45.8 million in Q4 2025, and -$72.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 70.54 Bn | 68.33 Bn | 5.38 Bn | 5.12 Bn |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | 1.52 Bn |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 361.80 Mn |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 778.00 Mn |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | 119.00 Mn |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 202.06 Mn |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 107.00 Mn |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | 106.81 Mn |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 88.24 Mn |
| 10 | NextDecade | 2.11 Bn | 4.03 Bn | - | -55.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -6.81 Mn |