NextDecade (NEXT) Operating Expenses (2015 - 2026)
NextDecade's (NEXT) quarterly Operating Expenses came in at $54.6 million in Q2 2026, down 3.01% year-over-year from $56.3 million in Q2 2025, and down 0.99% quarter-over-quarter from $55.1 million in Q1 2026.
Analysis
NextDecade (NEXT) Operating Expenses (2015 - 2026) Analysis & Trends
NextDecade has disclosed Operating Expenses across 12 years of filings, most recently posting $54.6 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 3.01% year-over-year to $54.6 million; the TTM figure through Jun 2026 stood at $227.4 million (up 12.81% YoY), while the FY2025 annual figure was $225.9 million, up 32.07% from the prior year.
- Operating Expenses came in at $54.6 million for Q2 2026 at NextDecade, down from $55.1 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.
- Average Operating Expenses over 5 years is $38.0 million, with a median of $38.8 million recorded in 2024.
- Year-over-year, Operating Expenses surged 428.05% in 2023 and decreased 3.01% in 2026.
- Over 5 years, Operating Expenses stood at $20.4 million in 2022, then jumped by 57.31% to $32.1 million in 2023, then surged by 37.71% to $44.3 million in 2024, then grew by 3.42% to $45.8 million in 2025, then grew by 19.19% to $54.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $54.6 million in Q2 2026, $55.1 million in Q1 2026, and $45.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 55.40 Bn | 59.44 Bn | 5.29 Bn | 1.44 Bn |
| 2 | Venture Global | 34.97 Bn | 35.26 Bn | 2.92 Bn | 2.39 Bn |
| 3 | Cheniere Energy Partners | 31.41 Bn | 30.97 Bn | 1.82 Bn | 1.24 Bn |
| 4 | Golar Lng | 5.25 Bn | 2.54 Bn | 88.31 Mn | -67.54 Mn |
| 5 | Excelerate Energy | 4.22 Bn | 5.44 Bn | 273.19 Mn | 248.37 Mn |
| 6 | NextDecade | 1.82 Bn | 4.20 Bn | - | 54.57 Mn |
| 7 | Stabilis Solutions | 104.14 Mn | 89.82 Mn | 2.35 Mn | 16.70 Mn |
| 8 | New Fortress Energy | 69.80 Mn | -309.13 Mn | 102.12 Mn | 461.22 Mn |
Historic Data
Download Data
Historic 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 |