NextDecade (NEXT) Free Cash Flow (2015 - 2026)
NextDecade (NEXT) reported Free Cash Flow of -$1.3 billion for Q1 2026, down 53.49% on a YoY basis from -$2.8 billion in Q1 2025, and up 35.89% sequentially from -$2.0 billion in Q4 2025.
NextDecade (NEXT) Free Cash Flow (2015 - 2026) Analysis & Trends
NextDecade (NEXT) has 12 years of Free Cash Flow data on file, last reported at -$1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 53.49% year-over-year to -$1.3 billion; the trailing twelve-month figure through Mar 2026 stood at -$5.5 billion (down 102.5% YoY), and the FY2025 full-year result was -$5.0 billion, down 88.34% from the prior year.
- Free Cash Flow advanced to -$1.3 billion in Q1 2026, from -$2.0 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.
- A 5-year average of -$638.4 million and a median of -$703.5 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 6943.87% in 2023 and jumped 40.4% in 2024, its largest moves.
- Tracing NEXT's Free Cash Flow over 5 years: stood at -$40.2 million in 2022, then sank by 1796.16% to -$762.2 million in 2023, then advanced by 7.7% to -$703.5 million in 2024, then sank by 185.44% to -$2.0 billion in 2025, then soared by 35.89% to -$1.3 billion in 2026.
- Business Quant data shows NEXT's Free Cash Flow at -$1.3 billion in Q1 2026, -$2.0 billion in Q4 2025, and -$1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 70.54 Bn | 68.33 Bn | 5.38 Bn | 490.00 Mn |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | 732.12 Mn |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 276.90 Mn |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 589.00 Mn |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | -91.00 Mn |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 72.37 Mn |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 133.00 Mn |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | -47.19 Mn |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 32.03 Mn |
| 10 | NextDecade | 2.11 Bn | 4.03 Bn | - | -1.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -762.16 Mn |
| Dec 31, 2023 | -762.16 Mn |