Growth Metrics

NextDecade (NEXT) Operating Expenses (2016 - 2025)

NextDecade (NEXT) has disclosed Operating Expenses for 11 consecutive years, with $45.8 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 3.42% to $45.8 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $225.9 million through Dec 2025, up 32.07% year-over-year, with the annual reading at $225.9 million for FY2025, 32.07% up from the prior year.
  • Operating Expenses hit $45.8 million in Q4 2025 for NextDecade, down from $72.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $72.0 million in Q3 2025 to a low of $1.6 million in Q1 2021.
  • Historically, Operating Expenses has averaged $29.7 million across 5 years, with a median of $29.9 million in 2023.
  • Biggest five-year swings in Operating Expenses: tumbled 77.61% in 2021 and later soared 428.05% in 2023.
  • Year by year, Operating Expenses stood at $7.9 million in 2021, then skyrocketed by 160.22% to $20.4 million in 2022, then soared by 57.31% to $32.1 million in 2023, then skyrocketed by 37.71% to $44.3 million in 2024, then rose by 3.42% to $45.8 million in 2025.
  • Business Quant data shows Operating Expenses for NEXT at $45.8 million in Q4 2025, $72.0 million in Q3 2025, and $56.3 million in Q2 2025.