NextDecade (NEXT) Non Operating Interest Expenses (2023 - 2026)
NextDecade (NEXT) recorded Non Operating Interest Expenses of $90.78 million in 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) Non Operating Interest Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, NextDecade's Non Operating Interest Expenses came in at $281.2 million as of Jun 30, 2026, up 196.4% year-over-year; for FY2025, it was $170.01 million, up 94.2% from FY2024.
- Across earlier years, Non Operating Interest Expenses came in at $87.54 million in FY2024 (+74.1%) and $50.29 million in FY2023.
- The Q2 2026 figure is the highest quarterly Non Operating Interest Expenses in data going back to Q3 2023.
- On a year-over-year basis, Non Operating Interest Expenses has increased for seven consecutive quarters, with growth averaging 96.8% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 252.3% in Q4 2025, against a decline of 51.1% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $79.25 million (Q1 2026), $70.89 million (Q4 2025) and $40.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.01 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 384.00 Mn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 934.00 Mn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 620.99 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 289.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 287.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 434.00 Mn |
| 10 | NextDecade | 1.68 Bn | 3.98 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 Non Operating 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=non-operating-interest-expenses&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();