NextDecade (NEXT) Operating Leases (2019 - 2026)
NextDecade (NEXT) reported Operating Leases of $118.93 million for Q2 2026, down 17.0% from $143.23 million a year earlier but up 1.1% from the prior quarter.
NextDecade (NEXT) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, NextDecade posted Operating Leases of $142.27 million, down 1.3% from FY2024.
- Operating Leases has a three-year compound annual growth rate of 573.8% (FY2022 to FY2025).
- By year, Operating Leases came in at $144.16 million in FY2024 (-1.2%), $145.96 million in FY2023 and $465,000 in FY2022.
- Five-year quarterly Operating Leases spans a low of $143,000 in Q3 2022 and a high of $146.34 million in Q3 2023.
- Year over year, Operating Leases has now declined in each of the last eight quarters, with an average decline of 5.3% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q2 2022 (growth of 9.3%); the low point was Q1 2026 (a decline of 18.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $117.63 million (Q1 2026), $142.27 million (Q4 2025) and $143.26 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn |
| 10 | NextDecade | 1.60 Bn | 1.02 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 118.93 Mn |
| Mar 31, 2026 | 117.63 Mn |
| Dec 31, 2025 | 142.27 Mn |
| Sep 30, 2025 | 143.26 Mn |
| Jun 30, 2025 | 143.23 Mn |
| Mar 31, 2025 | 143.79 Mn |
| Dec 31, 2024 | 144.16 Mn |
| Sep 30, 2024 | 144.59 Mn |
| Jun 30, 2024 | 145.03 Mn |
| Mar 31, 2024 | 145.47 Mn |
| Dec 31, 2023 | 145.96 Mn |
| Sep 30, 2023 | 146.34 Mn |
| Jun 30, 2023 | 331,000.00 |
| Mar 31, 2023 | 395,000.00 |
| Dec 31, 2022 | 465,000.00 |
| Sep 30, 2022 | 143,000.00 |
| Jun 30, 2022 | 364,000.00 |
| Sep 30, 2021 | 169,000.00 |
| Jun 30, 2021 | 333,000.00 |
| Jun 30, 2020 | 166,000.00 |
NextDecade Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=NEXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "NEXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();