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NEXT (NextDecade Corporation) Stock Financials & Earnings | Market Cap Arena
NEXT
NextDecade Corporation
Mkt Cap
$1B
Energy
·
Oil & Gas Exploration & Production
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$0
Net Income (TTM)
-$306M
EPS (TTM)
-$1.17
Free Cash Flow (TTM)
-$5.3B
Gross Margin
—
Op. Margin
—
Net Margin
—
FCF Margin
—
P/S Ratio (TTM)
—
P/E Ratio (TTM)
—
YoY Rev Growth
—
Employees
—
Earnings Reports
▶
Q4 2025
NEW
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$0
-$38K
-$27M
Q2 23
$0
-$38K
-$28M
Q3 23
$0
-$42K
-$36M
Q4 23
$0
-$2M
-$32M
Q1 24
$0
-$1M
-$38M
Q2 24
$0
-$2M
-$40M
Q3 24
$0
-$2M
-$49M
Q4 24
$0
-$2M
-$44M
Q1 25
$0
-$3M
-$52M
Q2 25
$0
-$3M
-$56M
Q3 25
$0
-$6M
-$72M
Q4 25
$0
-$449K
-$46M
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$23M
-$45M
Q2 23
-$18M
-$49M
Q3 23
-$11M
-$955M
Q4 23
-$21M
-$763M
Q1 24
-$29M
-$825M
Q2 24
$6M
-$572M
Q3 24
-$64M
-$569M
Q4 24
-$9M
-$704M
Q1 25
-$69M
-$839M
Q2 25
-$4M
-$736M
Q3 25
-$76M
-$1.4B
Q4 25
-$21M
-$2.3B
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$22M
Q2 23
$31M
Q3 23
$944M
Q4 23
$742M
Q1 24
$796M
Q2 24
$578M
Q3 24
$505M
Q4 24
$695M
Q1 25
$770M
Q2 25
$732M
Q3 25
$1.4B
Q4 25
$2.3B
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
—
+428.0%
Q2 23
—
+115.1%
Q3 23
—
+122.7%
Q4 23
—
+57.3%
Q1 24
—
+40.6%
Q2 24
—
+43.4%
Q3 24
—
+37.2%
Q4 24
—
+37.7%
Q1 25
—
+36.2%
Q2 25
—
+42.3%
Q3 25
—
+46.4%
Q4 25
—
+3.4%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$2M
—
Q2 23
$11M
—
Q3 23
$10M
—
Q4 23
$4M
—
Q1 24
$4M
—
Q2 24
$4M
—
Q3 24
$5M
—
Q4 24
$6M
—
Q1 25
$7M
—
Q2 25
$7M
—
Q3 25
$0
—
Q4 25
$12M
—
marketcaparena.com
OpEx Breakdown
R&D
G&A
S&M
SG&A
Quarter
R&D
G&A
S&M
SG&A
Q1 23
$464K
$27M
—
—
Q2 23
$418K
$27M
—
—
Q3 23
$1M
$35M
—
—
Q4 23
$3M
—
—
$27M
Q1 24
$3M
$33M
—
—
Q2 24
$2M
$34M
—
—
Q3 24
$2M
$44M
$3M
—
Q4 24
$956K
—
—
$42M
Q1 25
$307K
$45M
—
—
Q2 25
$1M
$52M
—
—
Q3 25
$3M
—
—
$64M
Q4 25
—
$105M
—
—
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$51M
$0
$51M
Q2 23
$40M
$0
$40M
Q3 23
$51M
$0
$51M
Q4 23
$38M
$0
$38M
Q1 24
$46M
$0
$46M
Q2 24
$38M
$0
$38M
Q3 24
$38M
$0
$38M
Q4 24
$148M
$0
$148M
Q1 25
$131M
$0
$131M
Q2 25
$159M
$0
$159M
Q3 25
$209M
$0
$209M
Q4 25
$144M
$0
$144M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
147M
+12.9%
Q2 23
151M
+2.7%
Q3 23
226M
+50.0%
Q4 23
254M
+12.4%
Q1 24
267M
+4.9%
Q2 24
258M
-3.4%
Q3 24
259M
+0.6%
Q4 24
260M
+0.3%
Q1 25
260M
+0.1%
Q2 25
261M
+0.2%
Q3 25
263M
+0.7%
Q4 25
262M
-0.2%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
—
—
FY 15
$0
3
FY 16
$0
3
FY 17
$0
23
FY 18
$0
36
FY 19
$0
74
FY 20
$0
52
FY 21
$0
57
FY 22
$0
102
FY 23
$0
147
FY 24
$0
237
FY 25
$0
360
marketcaparena.com