Growth Metrics

NextDecade (NEXT) Operating Expenses (2016 - 2026)

NextDecade's Operating Expenses history spans 12 years, with the latest figure at $55.1 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 6.16% to $55.1 million in Q1 2026 year-over-year; TTM through Mar 2026 was $229.1 million, a 23.94% increase, with the full-year FY2025 number at $225.9 million, up 32.07% from a year prior.
  • Operating Expenses hit $55.1 million in Q1 2026 for NextDecade, up from $45.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for NEXT hit a ceiling of $72.0 million in Q3 2025 and a floor of $5.1 million in Q1 2022.
  • Historically, Operating Expenses has averaged $37.0 million across 5 years, with a median of $38.1 million in 2024.
  • Biggest five-year swings in Operating Expenses: soared 428.05% in 2023 and later increased 3.42% in 2025.
  • Tracing NEXT's Operating Expenses over 5 years: stood at $20.4 million in 2022, then surged by 57.31% to $32.1 million in 2023, then soared by 37.71% to $44.3 million in 2024, then increased by 3.42% to $45.8 million in 2025, then increased by 20.38% to $55.1 million in 2026.
  • Business Quant data shows Operating Expenses for NEXT at $55.1 million in Q1 2026, $45.8 million in Q4 2025, and $72.0 million in Q3 2025.