NextDecade (NEXT) Interest Expenses (2023 - 2026)
NextDecade's Interest Expenses came in at $90.78 million for Q2 2026, up 187.0% from $31.63 million a year earlier and up 14.5% from the prior quarter.
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Analysis
NextDecade (NEXT) Interest Expenses (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NextDecade reported Interest Expenses of $281.2 million, up 196.4% year-over-year; for FY2025, it was $170.01 million, up 94.2% from FY2024.
- Going back by year, Interest Expenses was $87.54 million in FY2024 (+74.1%) and $50.29 million in FY2023.
- The Q2 2026 figure represents the highest quarterly Interest Expenses in data going back to Q3 2023.
- Year-over-year, Interest Expenses has increased for seven consecutive quarters, with growth averaging 96.8% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q4 2025 (growth of 252.3%), and the weakest in Q3 2024 (a decline of 51.1%).
- Business Quant data shows NEXT's Interest Expenses at $79.25 million (Q1 2026), $70.89 million (Q4 2025) and $40.28 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn | 1.01 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn | 371.00 Mn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - | 384.00 Mn |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn | - |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn | 934.00 Mn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn | 620.99 Mn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn | - |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn | 287.00 Mn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn | 289.00 Mn |
| 10 | NextDecade | 1.60 Bn | 1.02 Bn | - | 90.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.78 Mn |
| Mar 31, 2026 | 79.25 Mn |
| Dec 31, 2025 | 70.89 Mn |
| Sep 30, 2025 | 40.28 Mn |
| Jun 30, 2025 | 31.63 Mn |
| Mar 31, 2025 | 27.21 Mn |
| Dec 31, 2024 | 20.13 Mn |
| Sep 30, 2024 | 15.91 Mn |
| Jun 30, 2024 | 26.03 Mn |
| Mar 31, 2024 | 25.48 Mn |
| Dec 31, 2023 | 17.75 Mn |
| Sep 30, 2023 | 32.54 Mn |
API Access
NextDecade Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "NEXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();