NextDecade (NEXT) EBT (2015 - 2026)

NextDecade (NEXT) reported EBT of -$195.0 million for Q1 2026, up 20.47% on a YoY basis from -$161.9 million in Q1 2025, and down 67.16% sequentially from -$116.7 million in Q4 2025.

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

NextDecade (NEXT) has 12 years of EBT data on file, last reported at -$195.0 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT rose 20.47% year-over-year to -$195.0 million; the trailing twelve-month figure through Mar 2026 stood at -$712.0 million (down 30.02% YoY), and the FY2025 full-year result was -$395.9 million, down 8.2% from the prior year.
  • EBT retreated to -$195.0 million in Q1 2026, from -$116.7 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$5.3 million in Q1 2022 to a low of -$288.0 million in Q2 2025.
  • A 5-year average of -$91.8 million and a median of -$65.6 million in 2024 frame the typical range for EBT.
  • Across the five-year window, EBT plunged 416.3% in 2023 and jumped 32.06% in 2025, its largest moves.
  • Tracing NEXT's EBT over 5 years: stood at -$20.4 million in 2022, then tumbled by 144.16% to -$49.9 million in 2023, then slumped by 244.18% to -$171.7 million in 2024, then jumped by 32.06% to -$116.7 million in 2025, then tumbled by 67.16% to -$195.0 million in 2026.
  • Business Quant data shows NEXT's EBT at -$195.0 million in Q1 2026, -$116.7 million in Q4 2025, and -$112.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Slb 70.54 Bn 68.33 Bn 5.38 Bn 956.00 Mn
2 Tenaris 57.93 Bn 46.32 Bn 1.05 Bn 667.64 Mn
3 TechnipFMC 30.31 Bn 29.04 Bn 1.64 Bn 355.80 Mn
4 Halliburton 27.38 Bn 25.42 Bn 2.10 Bn 664.00 Mn
5 Nov 7.25 Bn 5.97 Bn 379.00 Mn 35.00 Mn
6 Archrock 6.68 Bn 6.68 Bn 247.42 Mn 97.68 Mn
7 Weatherford International 6.15 Bn 5.02 Bn 776.00 Mn 75.00 Mn
8 Kodiak Gas Services 5.93 Bn 5.84 Bn 222.88 Mn 20.62 Mn
9 Oceaneering International 5.32 Bn 4.71 Bn 156.98 Mn 86.08 Mn
10 NextDecade 2.11 Bn 4.03 Bn - -195.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -195.04 Mn
Dec 31, 2025 -116.68 Mn
Sep 30, 2025 -112.24 Mn
Jun 30, 2025 -288.01 Mn
Mar 31, 2025 -245.23 Mn
Dec 31, 2024 -171.73 Mn
Sep 30, 2024 -65.06 Mn
Jun 30, 2024 -65.56 Mn
Mar 31, 2024 -74.71 Mn
Dec 31, 2023 -49.90 Mn
Sep 30, 2023 -67.41 Mn
Jun 30, 2023 -27.58 Mn
Mar 31, 2023 -27.40 Mn
Dec 31, 2022 -20.44 Mn
Sep 30, 2022 -16.17 Mn
Jun 30, 2022 -12.82 Mn
Mar 31, 2022 -5.31 Mn
Dec 31, 2021 -7.97 Mn
Sep 30, 2021 -3.22 Mn
Jun 30, 2021 -6.81 Mn