NextDecade (NEXT) Selling, General & Administrative (2015 - 2026)
NextDecade (NEXT) reported Selling, General & Administrative of $30.3 million for Q2 2026, down 17.8% from $36.88 million a year earlier and down 39.3% from the prior quarter.
NextDecade (NEXT) Selling, General & Administrative (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NextDecade's Selling, General & Administrative came in at $185.53 million, up 12.1% year-over-year; for FY2025, it came in at $202.29 million, up 34.8% from FY2024.
- Selling, General & Administrative has increased for three consecutive years, with a three-year compound annual growth rate of 60.3% (FY2022 to FY2025).
- By year, Selling, General & Administrative came in at $150.11 million in FY2024 (+34.7%), $111.47 million in FY2023 (+127.1%) and $49.09 million in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Selling, General & Administrative since Q4 2023.
- Year over year, Selling, General & Administrative gained in six of the last eight quarters, with growth averaging 22.3%.
- The high point for year-over-year Selling, General & Administrative in five years was Q4 2024 (growth of 52.6%); the low point was Q2 2026 (a decline of 17.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $49.94 million (Q1 2026), $39.19 million (Q4 2025) and $66.11 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.83 Bn | 102.37 Bn | 4.84 Bn | 1.71 Bn |
| 2 | Williams Companies | 86.40 Bn | 85.12 Bn | 2.54 Bn | 180.00 Mn |
| 3 | Enterprise Products Partners | 78.84 Bn | 77.27 Bn | - | 64.00 Mn |
| 4 | Kinder Morgan | 75.00 Bn | 75.95 Bn | 3.07 Bn | 192.00 Mn |
| 5 | Energy Transfer | 69.04 Bn | 62.48 Bn | 7.40 Bn | 421.00 Mn |
| 6 | Tc Energy | 64.50 Bn | 67.42 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 62.09 Bn | 61.71 Bn | 2.14 Bn | 108.10 Mn |
| 8 | Cheniere Energy | 59.25 Bn | 59.37 Bn | 5.29 Bn | 88.00 Mn |
| 9 | Oneok | 59.22 Bn | 57.71 Bn | 2.81 Bn | - |
| 10 | NextDecade | 1.57 Bn | 3.86 Bn | - | 30.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.30 Mn |
| Mar 31, 2026 | 49.94 Mn |
| Dec 31, 2025 | 39.19 Mn |
| Sep 30, 2025 | 66.11 Mn |
| Jun 30, 2025 | 36.88 Mn |
| Mar 31, 2025 | 44.94 Mn |
| Dec 31, 2024 | 40.10 Mn |
| Sep 30, 2024 | 43.60 Mn |
| Jun 30, 2024 | 33.90 Mn |
| Mar 31, 2024 | 32.51 Mn |
| Dec 31, 2023 | 26.27 Mn |
| Sep 30, 2023 | 32.13 Mn |
| Jun 30, 2023 | 26.80 Mn |
| Mar 31, 2023 | 26.27 Mn |
| Mar 31, 2019 | 12.02 Mn |
| Dec 31, 2018 | 9.65 Mn |
| Sep 30, 2018 | 6.21 Mn |
| Jun 30, 2018 | 3.32 Mn |
| Mar 31, 2018 | 16.00 Mn |
| Dec 31, 2017 | 16.16 Mn |
NextDecade Selling, General & Administrative 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=selling-general-and-administrative&ticker=NEXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();