NextDecade (NEXT) Research & Development (2021 - 2026)
NextDecade's (NEXT) quarterly Research & Development came in at $2.1 million in Q1 2026, up 598.05% year-on-year from $307000.0 in Q1 2025, and down 39.97% quarter-over-quarter from $3.6 million in Q4 2025.
NextDecade (NEXT) Research & Development (2021 - 2026) Analysis & Trends
NextDecade has disclosed Research & Development across 6 years of filings, most recently posting $2.1 million for Q1 2026.
- Research & Development for Q1 2026 came in at $2.1 million, up 598.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.8 million (up 62.46% YoY), and the FY2025 annual result was $8.0 million, down 3.08% from the prior year.
- Research & Development came in at $2.1 million for Q1 2026 at NextDecade, down from $3.6 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.
- The 5-year median for Research & Development is $1.2 million (2025), against an average of $1.6 million.
- Across the five-year window, Research & Development jumped 1166.67% in 2023 and plunged 87.76% in 2025, its largest moves.
- NextDecade's Research & Development stood at $231000.0 in 2022, then surged by 1166.67% to $2.9 million in 2023, then tumbled by 67.33% to $956000.0 in 2024, then jumped by 273.43% to $3.6 million in 2025, then sank by 39.97% to $2.1 million in 2026.
- The last three Research & Development figures came in at $2.1 million (Q1 2026), $3.6 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 164.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 133.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 17.80 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | - |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 21.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | - |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | NextDecade | 2.26 Bn | 4.19 Bn | - | 2.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |