NextDecade (NEXT) Non Operating Interest Expenses (2023 - 2026)
NextDecade (NEXT) recorded Non Operating Interest Expenses of $69.26 million in Q3 2026, up 72.0% from $40.28 million a year earlier but down 23.7% from the prior quarter.
NextDecade (NEXT) Non Operating Interest Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, NextDecade's Non Operating Interest Expenses came in at $310.18 million as of Sep 30, 2026, up 160.1% 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.
- Quarterly Non Operating Interest Expenses has ranged from $15.91 million in Q3 2024 to $90.78 million in Q2 2026 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses has increased for eight consecutive quarters, with growth averaging 112.2% 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 $90.78 million (Q2 2026), $79.25 million (Q1 2026) and $70.89 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 749.34 Mn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 385.00 Mn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 385.00 Mn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | - |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 944.00 Mn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 630.76 Mn |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 285.00 Mn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 300.00 Mn |
| 10 | NextDecade | 1.70 Bn | 4.85 Bn | - | 69.26 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 69.26 Mn |
| 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 |
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_KEY
import 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();