NextDecade (NEXT) Gross Profit (2018 - 2023)
NextDecade (NEXT) posted Gross Profit of -$2.6 million for Q3 2023, down 694.46% sequentially from -$325000.0 in Q2 2023, and down 763.55% YoY from $389122.0 in Q3 2022.
NextDecade (NEXT) Gross Profit (2018 - 2023) Analysis & Trends
NextDecade has reported Gross Profit for 6 years, with the latest figure at -$2.6 million in Q3 2023.
- Quarterly Gross Profit fell 763.55% year-over-year to -$2.6 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was -$3.6 million (down 243.48% YoY) and the FY2022 annual result came in at -$1.1 million, down 23.65% from the prior year.
- Gross Profit fell to -$2.6 million in Q3 2023 per NEXT's latest filing, from -$325000.0 in the prior quarter.
- Over five years, Gross Profit peaked at -$204000.0 in Q1 2021 and troughed at -$2.6 million in Q3 2023.
- A 5-year average of -$462789.5 and a median of -$322000.0 in 2020 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2021 and 2023: Gross Profit surged 50.36% in 2021, then plunged 763.55% in 2023.
- Over 5 years, Gross Profit stood at -$289000.0 in 2019, then slipped by 11.42% to -$322000.0 in 2020, then climbed by 29.5% to -$227000.0 in 2021, then tumbled by 37.0% to -$311000.0 in 2022, then tumbled by 730.23% to -$2.6 million in 2023.
- According to Business Quant data, Gross Profit over the past three periods registered -$2.6 million, -$325000.0, and -$337000.0 for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | NextDecade | 1.87 Bn | 1.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -2.58 Mn |
| Sep 30, 2023 | -2.58 Mn |
| Jun 30, 2023 | -325,000.00 |
| Jun 30, 2023 | -325,000.00 |
| Mar 31, 2023 | -337,000.00 |
| Mar 31, 2023 | -337,000.00 |
| Dec 31, 2022 | -311,000.00 |
| Dec 31, 2022 | -311,000.00 |
| Sep 30, 2022 | -299,000.00 |
| Sep 30, 2022 | -299,000.00 |
| Jun 30, 2022 | -290,000.00 |
| Jun 30, 2022 | -290,000.00 |
| Mar 31, 2022 | -219,000.00 |
| Mar 31, 2022 | -219,000.00 |
| Dec 31, 2021 | -227,000.00 |
| Dec 31, 2021 | -227,000.00 |
| Sep 30, 2021 | -240,000.00 |
| Sep 30, 2021 | -240,000.00 |
| Jun 30, 2021 | -234,000.00 |
| Jun 30, 2021 | -234,000.00 |