NextDecade (NEXT) Shares Outstanding (2014 - 2026)
NextDecade (NEXT) reported Shares Outstanding of 265.04 million for Q2 2026, up 1.6% from 260.88 million a year earlier and up 0.1% from the prior quarter.
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Analysis
NextDecade (NEXT) Shares Outstanding (2014 - 2026) Analysis & Trends
For FY2025, NextDecade posted Shares Outstanding of 262.16 million, up 1.4% from FY2024.
- Shares Outstanding has increased for ten consecutive years, with a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 258.54 million in FY2024 (+32.9%), 194.6 million in FY2023 (+49.5%), 130.14 million in FY2022 (+9.2%) and 119.2 million in FY2021 (+1.4%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding in data going back to Q4 2014.
- Year over year, Shares Outstanding has now increased in each of the last 36 quarters, with growth averaging 7.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 1.2% in Q2 2025 to 74.7% in Q1 2024.
- Per Business Quant data, the three quarters before Q2 2026 came in at 264.91 million (Q1 2026), 262.16 million (Q4 2025) and 262.58 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.02 Bn | 100.62 Bn | 4.84 Bn | 2.18 Bn |
| 2 | Williams Companies | 89.41 Bn | 88.12 Bn | 2.54 Bn | 1.22 Bn |
| 3 | Enterprise Products Partners | 79.40 Bn | 77.79 Bn | - | 2.16 Bn |
| 4 | Kinder Morgan | 76.01 Bn | 75.71 Bn | 3.07 Bn | 2.23 Bn |
| 5 | Energy Transfer | 69.27 Bn | 62.45 Bn | 7.40 Bn | 3.44 Bn |
| 6 | Tc Energy | 65.06 Bn | 61.14 Bn | 2.81 Bn | 1.04 Bn |
| 7 | Targa Resources | 63.56 Bn | 63.04 Bn | 2.14 Bn | 214.60 Mn |
| 8 | Cheniere Energy | 59.74 Bn | 54.57 Bn | 5.29 Bn | 209.00 Mn |
| 9 | Mplx | 59.40 Bn | 52.96 Bn | 2.91 Bn | 1.02 Bn |
| 10 | NextDecade | 1.64 Bn | 1.06 Bn | - | 265.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 265.04 Mn |
| Mar 31, 2026 | 264.91 Mn |
| Dec 31, 2025 | 262.16 Mn |
| Sep 30, 2025 | 262.58 Mn |
| Jun 30, 2025 | 260.88 Mn |
| Mar 31, 2025 | 260.41 Mn |
| Dec 31, 2024 | 258.54 Mn |
| Sep 30, 2024 | 259.38 Mn |
| Jun 30, 2024 | 257.84 Mn |
| Mar 31, 2024 | 256.71 Mn |
| Dec 31, 2023 | 194.60 Mn |
| Sep 30, 2023 | 222.47 Mn |
| Jun 30, 2023 | 150.93 Mn |
| Mar 31, 2023 | 146.93 Mn |
| Dec 31, 2022 | 130.14 Mn |
| Sep 30, 2022 | 129.42 Mn |
| Jun 30, 2022 | 126.31 Mn |
| Mar 31, 2022 | 121.33 Mn |
| Dec 31, 2021 | 119.20 Mn |
| Sep 30, 2021 | 119.37 Mn |
API Access
NextDecade Shares Outstanding 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=shares-outstanding&ticker=NEXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=NEXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();