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Other financials

Income statement

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Revenue-
Operating income-$55.1M-6.2%
Net income-$195.0M+20.5%
EPS (diluted)-$0.51-50.0%

Balance sheet

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Cash & equivalents$143.1M+9.3%
Total debt$9.5B+102%
Total equity-$30.7M-110%
Total assets$13.2B+91.9%

Cash flow

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Operating cash flow-$110.8M-61.0%
Free cash flow-$1.3B-53.5%

Valuation

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Market cap$1.81B-37.1%
Enterprise value$11.14B+38.6%

Returns & leverage

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Return on equity-4.7%-2.3pp
Debt / equity90.8×+80.0×
Current ratio0.4×-0.4×

Where this comes from

Reported directly by NextDecade Corporation in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: NextDecade Corporation’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:40 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001612720-26-000026
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Accrued expenses and other liabilities(47,435)(25,318)
Net cash used in operating activities(110,834)(68,826)
Investing activities:
Acquisition of property, plant and equipment(1,176,674)(769,971)
Acquisition of other non-current assets(9,438)
Net cash used in investing activities(1,176,674)(779,409)
Financing activities:
Proceeds from debt issuance817,000645,000

Item 1. Financial Statements

FAQ

What is NextDecade Corporation's capex?
NextDecade Corporation (NEXT) reported capex of $1.18B in Q1 2026.
How has NextDecade Corporation's capex changed year-over-year?
NextDecade Corporation's capex increased by 52.8% year-over-year, from $769.97M to $1.18B.
What is the long-term trend for NextDecade Corporation's capex?
Over 4 years (2021 to 2025), NextDecade Corporation's capex has grown at a 347.3% compound annual growth rate (CAGR), from $12.11M to $4.85B.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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