NextDecade (NEXT) Free Cash Flow (2015 - 2026)
NextDecade (NEXT) posted Free Cash Flow of -$997.9 million for Q2 2026, up 22.5% sequentially from -$1.3 billion in Q1 2026, and down 35.67% YoY from -$1.6 billion in Q2 2025.
NextDecade (NEXT) Free Cash Flow (2015 - 2026) Analysis & Trends
NextDecade has reported Free Cash Flow for 12 years, with the latest figure at -$997.9 million in Q2 2026.
- Quarterly Free Cash Flow fell 35.67% year-over-year to -$997.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$5.7 billion (down 101.17% YoY) and the FY2025 annual result came in at -$5.0 billion, down 88.34% from the prior year.
- Free Cash Flow advanced to -$997.9 million in Q2 2026 per NEXT's latest filing, from -$1.3 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at -$8.6 million in Q2 2022 and troughed at -$2.0 billion in Q4 2025.
- A 5-year average of -$658.3 million and a median of -$719.5 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow plunged 6943.87% in 2023, then soared 40.4% in 2024.
- Over 5 years, Free Cash Flow stood at -$40.2 million in 2022, then plunged by 1796.16% to -$762.2 million in 2023, then increased by 7.7% to -$703.5 million in 2024, then plunged by 185.44% to -$2.0 billion in 2025, then jumped by 50.31% to -$997.9 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$997.9 million, -$1.3 billion, and -$2.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 900.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 1.05 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 638.98 Mn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 487.90 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 589.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | -64.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 133.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | -100.74 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 62.82 Mn |
| 10 | NextDecade | 1.87 Bn | 1.37 Bn | - | -997.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -997.86 Mn |
| Jun 30, 2026 | -997.86 Mn |
| Mar 31, 2026 | -1.29 Bn |
| Mar 31, 2026 | -1.29 Bn |
| Dec 31, 2025 | -2.01 Bn |
| Dec 31, 2025 | -2.01 Bn |
| Sep 30, 2025 | -1.43 Bn |
| Sep 30, 2025 | -1.43 Bn |
| Jun 30, 2025 | -735.52 Mn |
| Jun 30, 2025 | -735.52 Mn |
| Mar 31, 2025 | -838.80 Mn |
| Mar 31, 2025 | -838.80 Mn |
| Dec 31, 2024 | -703.51 Mn |
| Dec 31, 2024 | -703.51 Mn |
| Sep 30, 2024 | -569.15 Mn |
| Sep 30, 2024 | -569.15 Mn |
| Jun 30, 2024 | -587.28 Mn |
| Jun 30, 2024 | -587.28 Mn |
| Mar 31, 2024 | -803.44 Mn |
| Mar 31, 2024 | -803.44 Mn |