NextDecade (NEXT) Operating Expenses (2015 - 2026)
NextDecade (NEXT) reported Operating Expenses of $55.1 million for Q1 2026, up 6.16% on a YoY basis from $51.9 million in Q1 2025, and up 20.38% sequentially from $45.8 million in Q4 2025.
NextDecade (NEXT) Operating Expenses (2015 - 2026) Analysis & Trends
NextDecade (NEXT) has 12 years of Operating Expenses data on file, last reported at $55.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.16% year-over-year to $55.1 million; the trailing twelve-month figure through Mar 2026 stood at $229.1 million (up 23.94% YoY), and the FY2025 full-year result was $225.9 million, up 32.07% from the prior year.
- Operating Expenses grew to $55.1 million in Q1 2026, from $45.8 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 $5.1 million in Q1 2022.
- A 5-year average of $37.0 million and a median of $38.1 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 428.05% in 2023 and climbed 3.42% in 2025, its largest moves.
- Tracing NEXT's Operating Expenses over 5 years: stood at $20.4 million in 2022, then soared by 57.31% to $32.1 million in 2023, then jumped by 37.71% to $44.3 million in 2024, then climbed by 3.42% to $45.8 million in 2025, then climbed by 20.38% to $55.1 million in 2026.
- Business Quant data shows NEXT's Operating Expenses at $55.1 million in Q1 2026, $45.8 million in Q4 2025, and $72.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | NextDecade | 1.87 Bn | 1.41 Bn | - | 55.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.12 Mn |
| Dec 31, 2025 | 45.78 Mn |
| Sep 30, 2025 | 71.96 Mn |
| Jun 30, 2025 | 56.27 Mn |
| Mar 31, 2025 | 51.92 Mn |
| Dec 31, 2024 | 44.27 Mn |
| Sep 30, 2024 | 49.16 Mn |
| Jun 30, 2024 | 39.53 Mn |
| Mar 31, 2024 | 38.12 Mn |
| Dec 31, 2023 | 32.15 Mn |
| Sep 30, 2023 | 35.84 Mn |
| Jun 30, 2023 | 27.58 Mn |
| Mar 31, 2023 | 27.11 Mn |
| Dec 31, 2022 | 20.44 Mn |
| Sep 30, 2022 | 16.09 Mn |
| Jun 30, 2022 | 12.82 Mn |
| Mar 31, 2022 | 5.13 Mn |
| Dec 31, 2021 | 7.85 Mn |
| Sep 30, 2021 | 3.22 Mn |
| Jun 30, 2021 | 6.81 Mn |