NextDecade (NEXT) Research & Development (2021 - 2026)
NextDecade's (NEXT) quarterly Research & Development came in at $2.8 million in Q2 2026, up 128.37% year-over-year from $1.2 million in Q2 2025, and up 32.99% quarter-over-quarter from $2.1 million in Q1 2026.
Analysis
NextDecade (NEXT) Research & Development (2021 - 2026) Analysis & Trends
NextDecade has disclosed Research & Development across 6 years of filings, most recently posting $2.8 million for Q2 2026.
- In Q2 2026, Research & Development rose 128.37% year-over-year to $2.8 million; the TTM figure through Jun 2026 stood at $11.4 million (up 133.69% YoY), while the FY2025 annual figure was $8.0 million, down 3.08% from the prior year.
- Research & Development came in at $2.8 million for Q2 2026 at NextDecade, up from $2.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.6 million in Q4 2025 to a low of $231000.0 in Q4 2022.
- Average Research & Development over 5 years is $1.7 million, with a median of $1.4 million recorded in 2022.
- Year-over-year, Research & Development surged 1166.67% in 2023 and tumbled 87.76% in 2025.
- Over 5 years, Research & Development stood at $231000.0 in 2022, then surged by 1166.67% to $2.9 million in 2023, then sank by 67.33% to $956000.0 in 2024, then jumped by 273.43% to $3.6 million in 2025, then dropped by 20.17% to $2.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $2.8 million in Q2 2026, $2.1 million in Q1 2026, and $3.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | - |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 23.00 Mn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | - |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | -1.81 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | - |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | 2.85 Mn |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | - |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.85 Mn |
| Mar 31, 2026 | 2.14 Mn |
| Dec 31, 2025 | 3.57 Mn |
| Sep 30, 2025 | 2.88 Mn |
| Jun 30, 2025 | 1.25 Mn |
| Mar 31, 2025 | 307,000.00 |
| Dec 31, 2024 | 956,000.00 |
| Sep 30, 2024 | 2.39 Mn |
| Jun 30, 2024 | 2.41 Mn |
| Mar 31, 2024 | 2.51 Mn |
| Dec 31, 2023 | 2.93 Mn |
| Sep 30, 2023 | 1.08 Mn |
| Jun 30, 2023 | 418,000.00 |
| Mar 31, 2023 | 464,000.00 |
| Dec 31, 2022 | 231,000.00 |
| Sep 30, 2022 | 1.13 Mn |
| Jun 30, 2022 | 1.19 Mn |
| Mar 31, 2022 | 1.55 Mn |
| Dec 31, 2021 | 1.62 Mn |