NextDecade (NEXT) Free Cash Flow (2015 - 2026)
NextDecade's (NEXT) quarterly Free Cash Flow came in at -$997.9 million in Q2 2026, down 35.67% year-over-year from -$1.6 billion in Q2 2025, and up 22.5% quarter-over-quarter from -$1.3 billion in Q1 2026.
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Analysis
NextDecade (NEXT) Free Cash Flow (2015 - 2026) Analysis & Trends
NextDecade has disclosed Free Cash Flow across 12 years of filings, most recently posting -$997.9 million for Q2 2026.
- In Q2 2026, Free Cash Flow fell 35.67% year-over-year to -$997.9 million; the TTM figure through Jun 2026 stood at -$5.7 billion (down 101.17% YoY), while the FY2025 annual figure was -$5.0 billion, down 88.34% from the prior year.
- Free Cash Flow came in at -$997.9 million for Q2 2026 at NextDecade, up from -$1.3 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$8.6 million in Q2 2022 to a low of -$2.0 billion in Q4 2025.
- Average Free Cash Flow over 5 years is -$658.3 million, with a median of -$719.5 million recorded in 2024.
- Year-over-year, Free Cash Flow tumbled 6943.87% in 2023 and surged 40.4% in 2024.
- Over 5 years, Free Cash Flow stood at -$40.2 million in 2022, then slumped by 1796.16% to -$762.2 million in 2023, then climbed by 7.7% to -$703.5 million in 2024, then slumped by 185.44% to -$2.0 billion in 2025, then surged by 50.31% to -$997.9 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$997.9 million in Q2 2026, -$1.3 billion in Q1 2026, and -$2.0 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 55.40 Bn | 59.44 Bn | 5.29 Bn | 398.00 Mn |
| 2 | Venture Global | 34.97 Bn | 35.26 Bn | 2.92 Bn | -1.65 Bn |
| 3 | Cheniere Energy Partners | 31.41 Bn | 30.97 Bn | 1.82 Bn | 433.00 Mn |
| 4 | Golar Lng | 5.25 Bn | 2.54 Bn | 88.31 Mn | 70.73 Mn |
| 5 | Excelerate Energy | 4.22 Bn | 5.44 Bn | 273.19 Mn | -143.30 Mn |
| 6 | NextDecade | 1.82 Bn | 4.20 Bn | - | -997.86 Mn |
| 7 | Stabilis Solutions | 104.14 Mn | 89.82 Mn | 2.35 Mn | 4.78 Mn |
| 8 | New Fortress Energy | 69.80 Mn | -309.13 Mn | 102.12 Mn | -320.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -997.86 Mn |
| Mar 31, 2026 | -1.29 Bn |
| Dec 31, 2025 | -2.01 Bn |
| Sep 30, 2025 | -1.43 Bn |
| Jun 30, 2025 | -735.52 Mn |
| Mar 31, 2025 | -838.80 Mn |
| Dec 31, 2024 | -703.51 Mn |
| Sep 30, 2024 | -569.15 Mn |
| Jun 30, 2024 | -587.28 Mn |
| Mar 31, 2024 | -803.44 Mn |
| Dec 31, 2023 | -762.16 Mn |
| Sep 30, 2023 | -954.94 Mn |
| Jun 30, 2023 | -49.44 Mn |
| Mar 31, 2023 | -44.71 Mn |
| Dec 31, 2022 | -40.20 Mn |
| Sep 30, 2022 | -13.56 Mn |
| Jun 30, 2022 | -8.57 Mn |
| Mar 31, 2022 | -11.51 Mn |
| Dec 31, 2021 | -9.42 Mn |
| Sep 30, 2021 | -7.46 Mn |