NextDecade financials
$6.34−3.35%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross profit | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | -$54.6M | -$55.1M | -$45.8M | -$72.0M | -$56.3M | -$51.9M | -$44.3M | -$49.2M | -$39.5M | -$38.1M | -$32.1M | -$35.8M |
| Net income | -$65.4M | -$136.4M | -$47.3M | -$109.5M | -$60.9M | -$88.8M | $65.7M | -$123.2M | -$32.6M | $28.3M | -$129.3M | $107.6M |
| Net margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Diluted EPS | $-0.25 | $-0.51 | $-0.18 | $-0.42 | $-0.23 | $-0.34 | $0.26 | $-0.47 | $-0.13 | $0.11 | $-0.50 | $0.48 |
| EBITDA | -$46.7M | -$54.7M | -$45.4M | -$75.1M | -$55.9M | -$51.3M | -$43.7M | -$48.5M | -$38.9M | -$38.0M | -$32.1M | -$35.8M |
| Operating cash flow | -$17.2M | -$110.8M | -$20.7M | -$76.0M | -$3.9M | -$68.8M | -$8.9M | -$63.8M | $6.0M | -$28.8M | -$21.0M | -$11.4M |
| Free cash flow | -$997.9M | -$1.29B | -$2.01B | -$1.43B | -$735.5M | -$838.8M | -$703.5M | -$569.2M | -$587.3M | -$803.4M | -$762.2M | -$951.4M |
| Diluted shares | 265.4M | 264.9M | 264.8M | 262.6M | 260.9M | 260.4M | 250.0M | 259.4M | 257.8M | 266.9M | 258.1M | 222.5M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $83.7M | $143.1M | $143.8M | $209.4M | $158.5M | $130.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $10.42B | $9.36B | $8.51B | $6.61B | $5.17B | $4.55B |
| Total assets | $15.21B | $13.23B | $12.43B | $10.01B | $7.86B | $6.89B |
| Total liabilities | $12.39B | $10.87B | $10.12B | $8.03B | $6.00B | $5.17B |
| Shareholders' equity | $2.82B | $2.36B | $2.30B | $1.98B | $1.87B | $1.72B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology