NextDecade Corp
NEXT- Exchange
- Nasdaq
- Industry
- Natural Gas Transmisison & Distribution
- SEC CIK
- 0001612720
No open-market purchases or sales by NextDecade Corp insiders were filed in the last 90 days; 210 institutions reported holding it in 13F filings for Q2 2026, worth $820.2M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 30, 2026, 1:19 AM ET
Income statement
Each column is one quarter, newest first.
| Line item | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025† | Q3 FY2025† | Q2 FY2025† | Q1 FY2025 | Q4 FY2024† |
|---|---|---|---|---|---|---|---|---|
| Period end | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 |
| Filing | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
| Reported | – | – | – | – | – | – | – | – |
| Revenue | $0 | $0 | $0 | $0† | $0 | $0 | $0 | $0† |
| Operating expenses | $82.9M | $54.6M | $55.1M | $45.8M† | $72.0M | $56.3M | $51.9M | $44.3M† |
| Research and development | $2.16M | $2.85M | $2.14M | $3.57M† | $2.88M | $1.25M | $307.0K | $956.0K† |
| Selling, general and administrative | $48.8M | $30.3M | $49.9M | $39.2M† | $66.1M | $52.0M | $44.9M | $40.1M† |
| Operating income | -$82.9M | -$54.6M | -$55.1M | -$45.8M† | -$72.0M | -$56.3M | -$51.9M | -$44.3M† |
| Interest expense | $69.3M | $90.8M | $79.2M | $70.9M† | $40.3M | $31.6M | $27.2M | $20.1M† |
| Income tax | $0 | $0 | $0 | – | – | – | – | – |
| Net income | $573.8M | -$60.2M | -$195.0M | $71.0M† | -$184.8M† | -$70.6M† | -$245.2M | $481.4M† |
| EPS, basic | $0.58 | $-0.25 | $-0.51 | – | $-0.42 | $-0.23 | $-0.34 | – |
| EPS, diluted | $0.54 | $-0.25 | $-0.51 | – | $-0.42 | $-0.23 | $-0.34 | – |
| Weighted shares, basic | 266.9M | 265.0M | 264.9M | – | 262.6M | 260.9M | 260.4M | – |
| Weighted shares, diluted | 281.1M | 265.4M | 264.9M | – | 262.6M | 260.9M | 260.4M | – |
| Margins and growth | ||||||||
| Net income growth, year over year | – | – | – | −85.3% | – | −3,165.6% | −231.3% | – |
Balance sheet
Each column is one quarter, newest first.
| Line item | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025† | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024† |
|---|---|---|---|---|---|---|---|---|
| Period end | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 |
| Filing | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
| Reported | – | – | – | – | – | – | – | – |
| Cash and equivalents | $129.9M | $83.7M | $143.1M | $143.8M | $209.4M | $158.5M | $130.9M | $148.1M |
| Total current assets | $642.7M | $631.9M | $487.5M | $718.0M | $764.8M | $476.8M | $404.8M | $412.6M |
| Property, plant and equipment | $14.4B | $13.1B | $11.7B | $10.6B | $8.47B | $6.59B | $5.70B | $5.02B |
| Total assets | $17.8B | $15.2B | $13.2B | $12.4B | $10.0B | $7.86B | $6.89B | $6.40B |
| Accounts payable | $437.6M | $327.2M | $298.1M | $443.9M | $428.9M | $311.7M | $256.8M | $244.6M |
| Total current liabilities | $1.81B | $1.69B | $1.21B | $1.34B | $1.19B | $683.9M | $475.7M | $595.1M |
| Long-term debt | $12.0B | $10.4B | $9.36B | $8.51B | $6.61B | $5.17B | $4.55B | $3.92B |
| Total liabilities | $14.1B | $12.4B | $10.9B | $10.1B | $8.03B | $6.00B | $5.17B | $4.66B |
| Shareholders' equity | $3.75B | $2.82B | $2.36B | $2.30B | $1.98B | $1.87B | $1.72B | $1.74B |
Cash flow statement
Each column is one quarter, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | Q3 FY2026† | Q2 FY2026† | Q1 FY2026 | Q4 FY2025† | Q3 FY2025† | Q2 FY2025† | Q1 FY2025 | Q4 FY2024† |
|---|---|---|---|---|---|---|---|---|
| Period end | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 |
| Filing | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
| Reported | – | – | – | – | – | – | – | – |
| Operating cash flow | $111.4M† | -$17.2M† | -$110.8M | -$20.7M† | -$76.0M† | -$3.90M† | -$68.8M | -$8.90M† |
| Capital expenditures | $1.19B† | $980.7M† | $1.18B | $1.99B† | $1.36B† | $731.6M† | $770.0M | $694.6M† |
| Free cash flow | -$1.08B | -$997.9M | -$1.29B | -$2.01B | -$1.43B | -$735.5M | -$838.8M | -$703.5M |
| Depreciation and amortization | $18.5M† | $7.90M | $3.03M | $3.02M† | $2.98M | $2.97M | $3.15M | – |
| Stock-based compensation | $17.3M† | $5.35M† | $5.45M | $12.3M† | $13.1M† | $7.23M† | $6.60M | $6.08M† |
| Share buybacks | $4.70M† | $0† | $18.0K | $1.38M† | $15.5M† | $42.0K† | $49.0K | $125.0K† |
| Investing cash flow | -$1.19B† | -$1.03B† | -$1.18B | -$1.97B† | -$1.35B† | -$751.9M† | -$779.4M | -$694.6M† |
| Financing cash flow | $1.17B† | $1.08B† | $1.05B | $1.96B† | $1.71B† | $826.7M† | $841.6M | $830.5M† |
| Net change in cash | $92.6M† | $34.5M† | -$242.0M | -$37.6M† | $287.6M† | $70.9M† | -$6.61M | $127.0M† |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 268.8M | +1.5% | SEC |
| Jul 24, 2026 | 266.2M | +1.6% | SEC |
| Apr 24, 2026 | 265.0M | +1.6% | SEC |
| Feb 20, 2026 | 264.9M | +1.7% | SEC |
| Oct 27, 2025 | 264.8M | +1.7% | SEC |
| Jul 25, 2025 | 262.0M | +1.0% | SEC |
| May 2, 2025 | 260.9M | +1.1% | SEC |
| Feb 20, 2025 | 260.4M | +1.5% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- Values marked † are derived: Q4 is the full year minus the first three quarters, single-quarter cash flows are year-to-date figures minus the previous year-to-date figures, and the Q4 balance sheet is the year-end balance sheet.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.