NextDecade (NEXT) EBITDA (2015 - 2026)
NextDecade's (NEXT) quarterly EBITDA came in at -$54.6 million in Q2 2026, up 2.33% year-over-year from -$53.3 million in Q2 2025, and little changed quarter-over-quarter from -$54.7 million in Q1 2026.
Analysis
NextDecade (NEXT) EBITDA (2015 - 2026) Analysis & Trends
NextDecade has disclosed EBITDA across 12 years of filings, most recently posting -$54.6 million for Q2 2026.
- In Q2 2026, EBITDA rose 2.33% year-over-year to -$54.6 million; the TTM figure through Jun 2026 stood at -$226.3 million (down 13.49% YoY), while the FY2025 annual figure was -$224.1 million, down 32.52% from the prior year.
- EBITDA came in at -$54.6 million for Q2 2026 at NextDecade, roughly flat from -$54.7 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.
- Average EBITDA over 5 years is -$37.7 million, with a median of -$38.5 million recorded in 2024.
- Year-over-year, EBITDA sank 432.18% in 2023 and climbed 2.33% 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 plunged by 36.01% to -$43.7 million in 2024, then dropped by 4.0% to -$45.4 million in 2025, then decreased by 20.21% to -$54.6 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were -$54.6 million in Q2 2026, -$54.7 million in Q1 2026, and -$45.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 55.40 Bn | 59.44 Bn | 5.29 Bn | 4.67 Bn |
| 2 | Venture Global | 34.97 Bn | 35.26 Bn | 2.92 Bn | 2.45 Bn |
| 3 | Cheniere Energy Partners | 31.41 Bn | 30.97 Bn | 1.82 Bn | 1.51 Bn |
| 4 | Golar Lng | 5.25 Bn | 2.54 Bn | 88.31 Mn | 127.37 Mn |
| 5 | Excelerate Energy | 4.22 Bn | 5.44 Bn | 273.19 Mn | 80.90 Mn |
| 6 | NextDecade | 1.82 Bn | 4.20 Bn | - | -54.57 Mn |
| 7 | Stabilis Solutions | 104.14 Mn | 89.82 Mn | 2.35 Mn | -12.55 Mn |
| 8 | New Fortress Energy | 69.80 Mn | -309.13 Mn | 102.12 Mn | -95.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -54.57 Mn |
| 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 |