NextDecade (NEXT) Research & Development (2021 - 2026)
NextDecade (NEXT) reported Research & Development of $2.1 million for Q1 2026, up 598.05% on a YoY basis from $307000.0 in Q1 2025, and down 39.97% sequentially from $3.6 million in Q4 2025.
NextDecade (NEXT) Research & Development (2021 - 2026) Analysis & Trends
NextDecade (NEXT) has 6 years of Research & Development data on file, last reported at $2.1 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 598.05% year-over-year to $2.1 million; the trailing twelve-month figure through Mar 2026 stood at $9.8 million (up 62.46% YoY), and the FY2025 full-year result was $8.0 million, down 3.08% from the prior year.
- Research & Development slipped to $2.1 million in Q1 2026, 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.
- A 5-year average of $1.6 million and a median of $1.2 million in 2025 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 1166.67% in 2023 and slumped 87.76% in 2025, its largest moves.
- Tracing NEXT's Research & Development over 5 years: stood at $231000.0 in 2022, then jumped by 1166.67% to $2.9 million in 2023, then plunged by 67.33% to $956000.0 in 2024, then soared by 273.43% to $3.6 million in 2025, then slumped by 39.97% to $2.1 million in 2026.
- Business Quant data shows NEXT's Research & Development at $2.1 million in Q1 2026, $3.6 million in Q4 2025, and $2.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 164.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 17.80 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | - |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | - |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 20.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | - |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | - |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | - |
| 10 | NextDecade | 1.87 Bn | 1.41 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 |