NextDecade (NEXT) Operating Expenses (2015 - 2026)
NextDecade (NEXT) posted Operating Expenses of $54.6 million for Q2 2026, down 0.99% sequentially from $55.1 million in Q1 2026, and down 3.01% YoY from $56.3 million in Q2 2025.
NextDecade (NEXT) Operating Expenses (2015 - 2026) Analysis & Trends
NextDecade has reported Operating Expenses for 12 years, with the latest figure at $54.6 million in Q2 2026.
- Quarterly Operating Expenses fell 3.01% year-over-year to $54.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $227.4 million (up 12.81% YoY) and the FY2025 annual result came in at $225.9 million, up 32.07% from the prior year.
- Operating Expenses retreated to $54.6 million in Q2 2026 per NEXT's latest filing, from $55.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $72.0 million in Q3 2025 and troughed at $5.1 million in Q1 2022.
- A 5-year average of $38.0 million and a median of $38.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses soared 428.05% in 2023, then slipped 3.01% in 2026.
- Over 5 years, Operating Expenses 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 rose by 3.42% to $45.8 million in 2025, then rose by 19.19% to $54.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $54.6 million, $55.1 million, and $45.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 39.97 Mn |
| 10 | NextDecade | 1.85 Bn | 1.35 Bn | - | 54.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 54.57 Mn |
| 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 |