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Other financials

Income statement

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Revenue-
Operating income-$55.1M-6.2%
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%
CapEx$1.2B+52.8%
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:ProfitLoss.

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
RevenuesThree Months Ended March 31, 2026 / $Three Months Ended March 31, 2026 / —2025 / $2025 / —
Total other income (expense)(139,925)(193,312)
Loss before income taxes(195,040)(245,228)
Income tax expense
Net loss(195,040)(245,228)
Less: net loss attributable to non-controlling interests(58,634)(156,423)
Net loss attributable to common stockholders$$(136,406)$$(88,805)
Loss per common share — basic & diluted$$(0.51)$$(0.34)
Weighted average shares outstanding — basic & diluted264,908260,405

Item 1. Financial Statements

FAQ

What is NextDecade Corporation's net income?
NextDecade Corporation (NEXT) reported net income of -$195.04M in Q1 2026.
How has NextDecade Corporation's net income changed year-over-year?
NextDecade Corporation's net income increased by 20.5% year-over-year, from -$245.23M to -$195.04M.
What is the long-term trend for NextDecade Corporation's net income?
Over 3 years (2021 to 2024), NextDecade Corporation's net income has grown at a 132.6% compound annual growth rate (CAGR), from -$22.04M to $277.45M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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