NextDecade NEXT
NASDAQ NEXT
$7.00 +0.28 (+4.17%)
At close: Aug 20, 2026 · 4:00 PM EDT

NextDecade (NEXT) Research & Development (2021 - 2026)

NextDecade (NEXT) posted Research & Development of $2.8 million for Q2 2026, up 32.99% sequentially from $2.1 million in Q1 2026, and up 128.37% YoY from $1.2 million in Q2 2025.

NextDecade (NEXT) Research & Development (2021 - 2026) Analysis & Trends

NextDecade has reported Research & Development for 6 years, with the latest figure at $2.8 million in Q2 2026.

  • Quarterly Research & Development rose 128.37% year-over-year to $2.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $11.4 million (up 133.69% YoY) and the FY2025 annual result came in at $8.0 million, down 3.08% from the prior year.
  • Research & Development advanced to $2.8 million in Q2 2026 per NEXT's latest filing, from $2.1 million in the prior quarter.
  • Over five years, Research & Development peaked at $3.6 million in Q4 2025 and troughed at $231000.0 in Q4 2022.
  • A 5-year average of $1.7 million and a median of $1.4 million in 2022 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2025: Research & Development soared 1166.67% in 2023, then plunged 87.76% in 2025.
  • Over 5 years, Research & Development stood at $231000.0 in 2022, then jumped by 1166.67% to $2.9 million in 2023, then tumbled by 67.33% to $956000.0 in 2024, then soared by 273.43% to $3.6 million in 2025, then fell by 20.17% to $2.8 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $2.8 million, $2.1 million, and $3.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Slb 79.95 Bn 75.87 Bn 4.63 Bn 171.00 Mn
2 Baker Hughes 62.26 Bn 46.53 Bn 1.58 Bn 143.00 Mn
3 Tenaris 53.14 Bn 44.12 Bn 984.66 -
4 TechnipFMC 30.70 Bn 29.46 Bn 1.40 Bn 25.70 Mn
5 Halliburton 29.75 Bn 27.71 Bn 2.10 Bn -
6 Nov 7.28 Bn 6.12 Bn 521.00 Mn -
7 Weatherford International 6.57 Bn 5.43 Bn 662.00 Mn 20.00 Mn
8 Kodiak Gas Services 5.74 Bn 5.61 Bn 246.76 Mn -
9 Archrock 5.62 Bn 5.62 Bn 244.51 Mn -
10 NextDecade 1.85 Bn 1.35 Bn - 2.85 Mn

Historic Data

Download Data
DateValue
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