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.

NextDecade Corporation NEXT CapEx

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Other financials

Income statement

See full

Revenue-—

Operating income-$55.1M-6.2%

Net income-$195.0M+20.5%

EPS (diluted)-$0.51-50.0%

Balance sheet

See full

Cash & equivalents$143.1M+9.3%

Total debt$9.5B+102%

Total equity-$30.7M-110%

Total assets$13.2B+91.9%

Cash flow

See full

Operating cash flow-$110.8M-61.0%

Free cash flow-$1.3B-53.5%

Valuation

See full

Market cap$2.05B+0.2%

Enterprise value$11.38B+72.4%

Returns & leverage

See full

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 official record: NextDecade Corporation’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.